UPDATE 1-Santos exits Stag field in sale to Malaysia's Sona Petroleum

November 2, 2015 3:21 AM

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* Santos says mature field no longer a core asset (Adds Sona's plan, Quadrant statement)

MELBOURNE, Nov 2 (Reuters) - Santos Ltd, which rejected a $5 billion takeover offer last month in the hopes of getting better value from selling assets, made its first sale on Monday with a small deal to exit the Stag oil field off northwestern Australia.

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