Santos Ltd acquired additional interest in exploration permit ATP 685-P, located in the Taroom Trough, Bowen-Surat Basin, on 15 May 2018.Â  Santos has acquired previous joint venture partner Sunshine Gas Ltdâs 50% interest, and operatorship, in the permit.Â  Santos now holds 100% interest.  The permit was awarded to Santos in April 2000.Â  Sunshine Gas originally farmed into the permit in April 2004, acquiring its 50% holding, which it has now divested.  The permit contains two coalbed methane (CBM) discoveries: Tardrum, made in 2001, and Crocker Gully, made in 2008.  ATP 685-P, which covers an area of 465 sq km, was awarded on 13 April 2000.Â  With Sunshine Gasâ withdrawal, Santos QNT Pty Ltd now holds 100% interest and operatorship.
Santos acquired addit. interest 50% + op. in explo. permit ATP 685-P, located in the Taroom Trough, from Sunshine Gas.