AUSTRALIA'S SANTOS TO EXPAND POSITION IN N. AMERICA, S.E. ASIA.
Publication: AsiaPulse News
Publication Date: 31-MAR-04
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MELBOURNE, March 31 Asia Pulse - Australia's third largest oil and gas producer Santos Ltd (ASX:STO) plans to expand its position in North America and South East Asia before embarking on exploration in previously protected areas of the Middle East and North Africa.
Santos managing director John Ellice-Flint said the company was investing A$784 million (US$591 million) in 2004 as it sought to increase its production assets.
"Maintaining a high impact exploration program is...
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