Jan 24 (Reuters) - Santos Ltd STO.AX , Australia's No. 2 independent gas producer, on Thursday reported a 21 percent rise in fourth-quarter revenue, boosted by the acquisition of Quadrant assets and higher realised prices for its oil and gas.
Quarterly revenue came in at $1.04 billion compared with $861 million a year earlier, the company said in a statement.
The Adelaide-based firm said production for the quarter ended Dec. 31 rose to 15.9 million barrels of oil equivalent (mmboe) from 15 mmboe a year ago.