Santos to transfer 16% stake in Bayu-Undan project to TIMOR GAP [Yahoo! Finance]
INPEX CORP UNSP/ADR (IPXHY)
NASDAQ:AMEX Investor Relations:
inpex.co.jp/english/ir
Company Research
Source: Yahoo! Finance
The Bayu-Undan field, operational since 2004 and located about 500km north-west of Darwin, has been a key revenue generator for Timor-Leste, contributing more than $25bn and supporting around 350 jobs. The project supplies gas to the Australian market under a gas sales agreement with Power and Water Corporation while also producing valuable liquids. Following the completion of this deal, Santos' stake in the project will decrease from 43.4% to 36.5%. Similarly, the shares of other JV partners will also be adjusted, with SK E&S' interest reducing to 21%, INPEX's to 9.6%, Eni's to 9.2%, and Tokyo Timor Sea Resources' to 7.6%. Santos managing director and CEO Kevin Gallagher said: “I have long wanted to see TIMOR GAP as a partner of Santos and look forward to welcoming them as a participant in the Bayu-Undan JV. The project has created local jobs, it has generated revenues for government and driven investment in building stronger and more resilient communities. “We are delight
Show less
Read more
Impact Snapshot
Event Time:
IPXHY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IPXHY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IPXHY alerts
High impacting INPEX CORP UNSP/ADR news events
Weekly update
A roundup of the hottest topics
IPXHY
News
- What To Expect From Inpex Corp (TSE:1605) Q3 2024 Earnings [Yahoo! Finance]Yahoo! Finance
- Uncertainty and volatility would be the key words for 2025, Inpex CEO says [CNBC]CNBC
- Santos to offer 16% stake in Bayu-Undan project to TIMOR GAP [Yahoo! Finance]Yahoo! Finance
- AM Best Affirms Credit Ratings of INPEX Insurance, Ltd. [Yahoo! Finance]Yahoo! Finance