Santos has executed a conditional sale and purchase agreement to divest its 42.86% operated interest in the Mahalo Joint Venture in Queensland’s Bowen Basin to Comet Ridge Limited. The transaction delivers A$40 million in upfront consideration, with up to A$20 million in additional contingent payments tied to future production milestones. Separately, Santos has completed the sale of its 42.71% interest in the Petrel fields and its 100% interest in the Tern fields in the offshore Bonaparte Basin to Eni Au ...