Santos has not changed the budget for its Barossa gas project, but some analysts expect the legal and regulatory delays could add $700 million to $800 million.
Approval delays would extend a dip in production and complicate due diligence on a mooted $80 billion deal that would create a global oil and gas giant.
By Scott Murdoch and Renju Jose SYDNEY (Reuters) -Australia's Santos Ltd shares jumped nearly 11% in early trade on Friday to their highest level in f.
Australia s Santos Ltd shares
jumped nearly 11% in early trade on Friday to their highest
level in five weeks after it said it was in talks with larger
rival Woodside Energy for a potential A$80.
Woodside-Santos $52bln merger talk spurs competition, price concerns zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.