Santos (ASX:STO) closed at AUD 7.68 on July 27, down 3.64% from the previous day's close.
The company's full-year production guidance was revised to 99-105 mmboe, a decrease of six million barrels of oil equivalent from the original range.
This change reflects the ramp-up of Barossa and Pikka projects, with Barossa reaching 97% of planned rates and Pikka producing around 23,000 barrels per day gross.
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