Santos today welcomed the findings of the final stage of the Namoi Catchment Water Study, with the modelling predicting that there will be no harmful impact on water volumes available for existing land uses from development of the coal seam gas industry in the Gunnedah Basin.
The study modelled a wide variety of scenarios for the next 90 years, ranging from a continuation of the �status quo� with no further resource development, through the most likely development scenario based on existing industry plans, to a number of highly improbable and hypothetical scenarios.
The extensive $4.5 million study, conducted in four stages over the past two and a half years, was designed to provide an understanding of groundwater and flows in the catchment area and to assess potential impacts of resources activities within the Namoi catchment.
To view full details of the news announcement please click on the following link:
http://www.santos.com/library/120731_Namoi_Catchment_Water_Study_shows_no_harmful_impact_on_water_volumes.pdf
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Santos Limited
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CODE : STO.AX |
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Santos is a oil exploration company based in Australia. Santos is listed in Australia, in Germany and in United States of America. Its market capitalisation is AU$ 15.1 billions as of today (US$ 10.2 billions, € 9.3 billions). Its stock quote reached its highest recent level on March 08, 2013 at AU$ 9.98, and its lowest recent point on October 11, 2024 at AU$ 7.25. Santos has 2 082 909 952 shares outstanding. |