Damon Evans, SINGAPORE: Australia's Santos is on the verge of investing millions of dollars to tap its unconventional resources in the Cooper basin, which it estimates at anywhere between 15 trillion and 125 trillion cubic feet (cf). Analysts coming from a briefing in Sydney pointed to a planned A$200 million ($209 million) investment in unconventional gas that Santos is hopeful of getting its Cooper basin partners to sign off on shortly. The spending would cover trials of drilling and well completion technologies over the next two years targeting the Roseneath, Epsilon and Murteree (REM) shales, as well as the Nappamerri Trough.)
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