WDS News: Woodside says Santos merger talks still at early stage as it forecasts higher production - 24th Jan 2024, 9:15am

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By Lewis Jackson and Himanshi Akhand

(Reuters) -Woodside Energy CEO Meg O'Neill said on Wednesday there was no recent precedent for sizable premiums in oil and gas deals as the producer reported it was still in the early stages of talks over a potential $52 billion merger with Santos.

The company on Wednesday forecast a jump in 2024 production and reported a 3% sequential rise in fourth-quarter revenue on higher realised prices.

Asked about reports that Santos shareholders want any merger to ...

>>> Read more: Woodside says Santos merger talks still at early stage as it forecasts higher production
 
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