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Denison Gas buys Santos’s Denison Trough Assets

July 20, 2018 , Last updated on

Denison Gas successfully acquired Santos’s Denison Trough Assets in Queensland on 26th April 2018.

The assets sold comprise Santos’ 50% non-operated interests in the Denison conventional assets as well as ATP 1177. Santos has received A$22 million in cash at completion and is entitled to further contingent payments if certain milestones are achieved by Denison Gas.