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ConocoPhillips (COP +1.5%) and Australia's Santos Ltd. sell minority stakes in the Caldita and...

ConocoPhillips (COP +1.5%) and Australia's Santos Ltd. sell minority stakes in the Caldita and Barossa gas discoveries offshore Australia for up to $520M to South Korea's SK Group, moving a step closer a possible expansion of the operational liquefied natural gas export plant at Darwin. Santos recently has been the subject of takeover chatter.
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