Malaysia's Sona Petroleum buys Australia oilfield from Santos, Quadrant Energy for $50m

Malaysia's Sona Petroleum buys Australia oilfield from Santos, Quadrant Energy for $50m

Visual from Santos Ltd website

Santos Ltd, which rejected a $5 billion takeover offer last month in the hopes of getting better value from selling assets, made its first sale on Monday with a small deal to exit the Stag oil field off northwestern Australia.

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