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Santos and Total will earn an option to acquire an 80 per cent stake in the permit.

Santos and Total in WA farm-in deal

Energy company Santos and French multinational Total have agreed to fund a 3D seismic survey, thought to be worth around $45 million, over Melbana Energy's Beehive prospect off the north coast of Western Australia.

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Santos (STO)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/12/17

1 year TSR5 year TSR
272ndSantos36%-9%
696 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

th-Santos$3,847.4m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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