02/09/2003 - 22:00

Stag interest up

02/09/2003 - 22:00

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SANTOS Limited is increasing its interest in the Stag oil field by acquiring exploration acreage in the Carnarvon Basin through an agreement to acquire Globex Far East Pty Ltd for $US15.8 million. Globex is a wholly owned subsidiary of the US-based Marathon Oil Company.

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