Santos to Acquire Quadrant Energy for $2.15 Billion Cash Up Front, Bedout Payouts
Asia-Pacific E&P Santos (ticker: STO), which is active in Australia with liquefied natural gas (LNG), pipeline gas and oil assets, will acquire Quadrant Energy for US $2.15 billion, the company announced in a press release.

Key Highlights

Acquisition of 100% of Quadrant Energy (Quadrant) for US$2.15 billion plus potential contingent payments related to the Bedout Basin
Fully funded from existing cash resources and new committed debt facilities, wit...

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