Santos and Joint Venture Partners Celebrate Shale Gas Production in Outback Australia

PERTH, AUSTRALIA--October 25, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Santos Limited (Adelaide, Australia), the operator of the South Australian Cooper Basin joint venture, has announced commercial natural gas production from its Moomba-191 shale well. The South Australian Cooper Basin joint venture is a three-party consortium consisting of Santos (66.6%), Beach Energy (Adelaide, Australia) and Origin Energy (Sydney, Australia). Santos has existing operations in the Cooper Basin in oil and conventional natural gas production, via the Moomba natural gas processing facilities. Featured companies: Hess Corporation (NYSE:HES), ConocoPhillips (NYSE:COP)