Santos could see minted Middle East interests plow cash into Queensland gas scene, and that could be ... Read More The post Santos’ $30bn Abu Dhabi takeover could put Queensland gas juniors in the fast lane appeared first on Stockhead.

But the offer for the ASX’s second-largest oil and gas producer has been met with a lukewarm reception from investors, who say the price could be higher.

SYDNEY] Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 billion, the two firms said on Monday (Jun 16). Read more at The Business Times.