Following recent NSW Government announcements, Santos today announced a Landholder and Community Compensation Scheme for its NSW operations that would see greater consultation and agreement with landholders and substantial financial benefits to both landholders and their regional communities. Based on Santos’ potential commercial production volumes in the Gunnedah Basin, total payments to host landholders in…
Santos’ CEO and MD David Knox today addressed the UBS Australian Resources and Energy Conference in Sydney.
Mr Knox discussed Santos’ transformation through LNG, and provided an update on the projects in the LNG growth pipeline.
SK E&S to fund up to US$520 million in carry obligations and contingent milestone payments Santos today announced that it had entered into an agreement with ConocoPhillips and SK E&S (SK), an affiliate of South Korean conglomerate SK Group, to progress the development of the Caldita and Barossa gas discoveries located in the Timor Sea.…
Santos chief executive David Knox this afternoon addressed the World Gas Conference in Kuala Lumpur on the topic of unconventional gas, and in particular the situation in Australia. Mr Knox’s presentation was part of a panel session titled Unconventional Gas: A Game Changer or a Global Bubble? It covered Australia’s abundance of natural gas reserves,…
Today marked the 1,000th export cargo from Santos’ Port Bonython liquids processing plant near Whyalla in South Australia. Santos celebrated the milestone with the presentation of a commemorative plaque to the captain of the Tandara Spirit, currently taking on a cargo of crude oil. Port Bonython – named in honour of Santos’ founding Chairman, John…
Santos held an investor briefing for the WA&NT and Eastern Australian Business Units at the APPEA 2012 Conference in Adelaide today.
Vice President WA&NT John Anderson and Vice President EA James Baulderstone provided an update on Santos’ strategy and outlook in Western Australia, Northern Territory and Eastern Australia.
The Chairman’s and the CEO & Managing Director’s addresses to the 2012 Annual General Meeting held in Adelaide today.
Santos today announced that the GLNG project participants have executed a binding Heads of Agreement with Origin Energy for the purchase of 365 petajoules (PJ) of gas for supply to the GLNG project. The gas will be supplied at Wallumbilla at a rate of 100 terajoules per day over a period of 10 years commencing…
First quarter production up 13% and sales revenue up 50% Production of 12.4 million barrels of oil equivalent (mmboe) in the March quarter was up 13% primarily due to production from new assets. Quarterly gas production of 53PJ was 6% above the corresponding period due to new production from the Reindeer and Spar projects in…
Santos has released its 2011 Annual and Sustainability Reports, and notice of its 2012 Annual General Meeting. The 2011 Annual Report details Santos’ performance and results for the 2011 calendar year, and outlines the company’s outlook and strategy. The 2011 Sustainability Report provides information on Santos’ management approach and sustainability performance for 2011 in the…
Santos’ CEO and MD David Knox today addressed the CERA conference in Houston.
Mr Knox discussed Australia’s role as a major LNG supplier and as the first exporter of LNG from unconventional gas. He also discussed Santos’ quality LNG portfolio.
Santos’ Vice President Asia Pacific, Martyn Eames, today addressed the LNG Supplies for Asian Markets conference in Singapore. Mr Eames discussed the way in which the development of Australian unconventional gas resources will help capture a significant proportion of the forecast growth in demand for LNG in Asia, and Santos’ own role in meeting that…
Santos’ UK roadshow investor presentation was presented at the Citi Conference in London on Monday 5 March, 2012.
The Premier of Western Australia, Hon Colin Barnett MLA, has officially opened the Devil Creek gas plant, a joint venture between Australian energy company Santos and Apache Energy. Devil Creek is Western Australia’s third domestic gas processing plant and represents a material addition to the state’s domestic gas supply capacity. The plant processes gas piped…
2011 Full Year Report incorporating Appendix 4E
Santos lifts full-year net profit by 51% to $753 million Underlying net profit up 20% to $453 million Santos today announced a net profit of $753 million after tax for the year ended 31 December2011, 51% higher than the previous year.The 2011 headline result includes a $408 million profit after tax from asset sales, including…
2011 Full-year results presentation
Santos announced today that Sangu-11 has penetrated a new gas reservoir in the Sangu area with approximately 20 metres of good quality gas pay. The well will be completed and tied into the Sangu facilities and will provide incremental gas to Chittagong in the coming months once marketing arrangements have been finalised. Work is continuing…
Santos Vice President Technical & Engineering Diana Hoff today made a presentation to the International Petroleum Technology Conference (IPTC) in Bangkok. Diana discussed how the unconventional gas industry has developed, particularly comparing Australian coal seam gas and North American shale gas industries. Her presentation drew on examples from Santos’ extensive CSG interests in eastern Australia…
Santos today announced that its total proved and probable (2P) hydrocarbon reserves were 1,364 million barrels of oil equivalent (mmboe) at the end of 2011. Successful appraisal and commercialisation activity, and the sanctioning of the Fletcher Finucane project, added 82 mmboe of 2P reserves in 2011. The reserve additions represent an organic 2P reserves replacement…
Santos today announced that gas production has commenced from the Wortel project in Indonesia. Wortel was sanctioned in November 2010, and is located in the Sampang Production Sharing Contract (PSC), offshore East Java in Indonesia. The Wortel development includes two gas wells, an unmanned wellhead platform and a 10-kilometre gas pipeline to the existing Santos-operated…
Australian energy company Santos is delighted to announce its sponsorship of a new category at the premier cycling Smokefree Perth Criterium Series event this month. The Santos Sprint Classification will see a Santos sprint jersey awarded to the rider who tallies the most points after completing a series of sprints at pre-determined times. At the…
Santos is pleased to announce that it has agreed to extend to 2016 its successful partnership with the multi-award winning Santos Tour Down Under, Australia’s biggest free sporting event. The Santos Tour Down Under has achieved tremendous success throughout its 14-year history and has grown significantly in the past few years. The 2011 event contributed…
2011 sales revenue up 14%, higher oil production, projects delivered on plan 2011 production of 47.2 mmboe was within the company’s guidance range and 5% lower than 2010, primarily due to the sell-down of Santos’ interest in GLNG from 60% to 30%. Sales revenue of $2.5 billion was 14% higher than 2010. Sales revenue of…
Santos today announced the final investment decision (FID) approving the $490 million Fletcher Finucane oil project in the Carnarvon Basin, offshore Western Australia. The project will be developed through a three well sub-sea tie back to the existing Santos-operated floating production, storage and offloading facility located at Mutineer Exeter. First oil production is expected in…
Santos today announced it has secured US$1.2 billion in Export Credit Agency (ECA) supported corporate senior debt facilities. The new ECA facilities provide Santos with additional liquidity with flexible drawdown dates during the construction period of the GLNG project. Santos Chief Financial Officer Andrew Seaton said the ECA facilities were part of Santos’ funding strategy…
Santos today announced that natural gas from the offshore Reindeer field in the Carnarvon Basin was delivered to the Dampier to Bunbury Natural Gas Pipeline (DBNGP) for the first time. The delivery of the gas, processed at the new onshore Devil Creek plant near Karratha, marks a major milestone in the Reindeer/Devil Creek development project.…
Please find attached Santos’ Asian Roadshow Presentation, being presented in Singapore and Hong Kong during November and December.
Santos today completed its previously announced acquisition of Eastern Star Gas Limited. The transaction gives Santos the largest natural gas reserves position in NSW. Santos now operates and owns 80% of coal seam gas (CSG) permits formerly held by Eastern Star, taking its total NSW reserves position to 1,216 PJ of 2P reserves and 2,238…
Santos has today reached an agreement with the NSW Government, the NSW Farmers Association and the Caroona Coal Action Group (CCAG) that will see an end to the demonstration at a coal seam gas pilot well site near Spring Ridge, about 70km south of Gunnedah in northern NSW. Santos was proposing to drill one pilot…
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