Santos, Drillsearch reach deal

Energy groups satisfy due diligence conditions for Western Cooper Wet Gas project.

Drillsearch Energy (DLS) and Santos (STO) have formalised their joint venture in the Western Cooper Wet Gas project.

In a statement to the Australian Securities Exchange, Drillsearch said mutual due diligence conditions for the transaction have been satisfied and the group expects the partnership will deliver a material result.

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