Santos stock jumps after Queensland gas acreage call — the next date investors circle

Santos Ltd shares ended Friday at A$7.01, up 2.5%, after fluctuating between A$6.92 and A$7.08. Queensland named Santos QNT and Drillsearch Energy as preferred tenderers for three gas exploration blocks near the Queensland–South Australia border. Dale Last from Queensland described the move as a sign the state remains “open for business.” Santos executive Brett Darley said the new acreage would “unlock new supply for Australian homes and businesses.”