Santos is hailing the Dorado oil and gas discovery off the coast of Western Australia as even bigger than expected as the latest drilling result put the icing on the cake of its Quadrant Energy acquisition.
Kevin Gallagher-led Santos said on Thursday that the Dorado-2 appraisal well had confirmed a major oil and gas resource in the Bedout Basin about 160 kilometres north of Port Hedland.
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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
