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Santos Announces Joint Venture Plans with Drillsearch Energy in Cooper Basin

PERTH, AUSTRALIA--July 8, 2013--Researched by Industrial Info Resources Australia (Perth, Australia)--Santos Limited (ASX:STO) (Adelaide, Australia), one of Australia's largest gas companies, recently announced the creation of a joint venture with Drillsearch Energy Limited (ASX:DLS) (Sydney, Australia), a smaller gas exploration and development company. Under the agreement, Santos will farm-in to permits PEL106A and PEL513, located in the Western Flank of the South Australian Cooper Basin.

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