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By Wire services
29 May 2008 00:40 GMT
Australia's third largest oil and gas producer Santos is in the final stages of talks to sell part of its equity interest in the Gladstone liquefied natural gas project in Australia.
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Privately held US player Samson Energy plans to sell off its deep-water oil and gas business, a portfolio that includes stakes in a number of high-profile Gulf of Mexico discoveries and prospects.
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