07.12.2023 14:12:05 - dpa-AFX: Woodside Energy, Santos Confirm Preliminary Talks Regarding Potential Merger
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Woodside Energy Group Ltd confirmed the
Group is in talks regarding a potential merger with Santos Ltd. Woodside said it
will continue to update the market in accordance with its continuous disclosure
obligations.
Separately, Santos also confirmed preliminary talks with Woodside regarding a
potential merger. Concurrently, the company is assessing a range of alternative
structural options, Santos said.
The South Australia Northern Territory Oil Search, or Santos, is a global energy
company with operations across Australia, Papua New Guinea, Timor-Leste and the
United States. Santos is an important Australian domestic gas supplier and LNG
supplier in Asia.
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