BRIEFS
Ian Howarth; Robert Guy; Eli Greenblat; Tansy Harcourt
Santos strikes oil
A big oil flow from the Jeruk 2 wildcat well pushed Santos shares up sharply yesterday. Jeruk flowed at a rate of 7488 barrels of oil a day. Santos's exploration geologists had previously calculated the Jeruk field could contain up to 170 million barrels of recoverable oil if the structure was filled with oil. Santos shares yesterday jumped 14 ¢ to $7.84. Ian Howarth
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