2008 Half Year Results Presentation
Santos has released its 2008 Half Year Results Presentation.
2008 Santos announces capital management strategy
Santos today announced a capital management strategy comprising the following key initiatives: an off-market share buy-back tender of approximately $300 million; a 10% increase in the interim dividend to 22 cents per share; and the repayment of certain debt facilities. Santos has also announced that the Dividend Reinvestment Plan (DRP) will be in operation for…
2008 Half Year Results Announcement
Highlights Product sales revenue up 14% to a first half record $1,384 million. EBITDAX up 6% to a first half record $1,032 million. Net profit after tax up 58% to $304 million. Underlying net profit after tax up 30% to $289 million. Operating cash flow up 30% to a first half record $699 million. Sale…
2008 Appointment of Chief Executive Officer and Managing Director
Santos today announced that David Knox, currently Acting Chief Executive Officer, has been appointed as Chief Executive Officer and Managing Director of Santos, effective immediately. The Chairman of Santos, Stephen Gerlach, said: “We are delighted to appoint David to this role. His performance as Acting CEO has been impressive, and he has clearly demonstrated his…
2008 Second Quarter Activities Report
Production impacted by Mutineer-Exeter workovers and John Brookes shut-in Q2 2008 production of 13.9 mmboe was 0.2 mmboe higher than Q1 2008. Production was impacted by a planned workover campaign on Mutineer-Exeter and the shutin of John Brookes following an incident on Varanus Island on 3 June. Oil production from the Cooper Basin and Indonesia…
Gladstone LNG partnership transaction with PETRONAS receives regulatory approvals
Investor and Media enquiriesAndrew Nairn+61 8 8116 5314 / +61 (0) 437 166 497andrew.nairn@santos.com Santos today confirmed the Gladstone LNG (GLNGTM) transaction announced on 29 May 2008, whereby Santos selected PETRONAS as its 40% partner in the development, operation and marketing of the GLNGTM project, has become unconditional and will therefore complete shortly. All regulatory…
John Brookes Production Interruption Update
Santos provides the attached Media Release issued yesterday by Apache Energy Limited (the Operator of the East Spar, John Brookes and Harriet Joint Ventures) in relation to the Varanus Island incident. The incident occurred on 3 June and has resulted in a total cessation of production from both the East Spar Joint Venture (processing and…
John Brookes production interruption
Santos has been advised by operator Apache Energy Ltd that an incident has occurred that has affected the export gas pipelines from Varanus Island. The incident has resulted in a total cessation of production, including from the John Brookes field, in which Santos has a 45% interest. John Brookes gas is processed through the East…
Santos to explore for coal seam gas in Gunnedah Basin
Media enquiriesMatthew Doman+61 8 8116 5260 / +61 (0) 421 888 858matthew.doman@santos.com Australian oil and gas company Santos has entered into agreements with project partners to explore for coal seam gas in the Gunnedah Basin. Ahead of the expected commencement of exploration later this month, Santos representatives have conducted briefings of local councils, parliamentarians and…
2008 Investor Seminar Presentation
2008 Investor Seminar Presentation
Santos and PETRONAS sign historic partnership for Gladstone LNG
Media enquiries Investor enquiriesMatthew Doman Andrew Nairn+61 8 8116 5260 / +61 (0) 421 888 858 +61 8 8116 5314 / +61 (0) 437 166 497matthew.doman@santos.com andrew.nairn@santos.com PETRONAS to acquire a 40% interest in project for US$2.508 billion Following a worldwide tender process, Santos has selected PETRONAS, one of the world’s largest LNG producers, to…
Santos and PETRONAS sign historic partnership for Gladstone LNG – conference call
Santos and PETRONAS sign historic partnership for Gladstone LNG – presentation
PNG LNG Gas Agreement and FEED Entry
Media enquiries Investor enquiriesMatthew Doman Andrew Nairn+61 8 8116 5260 / +61 (0) 421 888 858 +61 8 8116 5314 / +61 (0) 437 166 497matthew.doman@santos.com andrew.nairn@santos.com Santos today welcomed the signing by the PNG Government of a Gas Agreement with the PNG LNG joint venture and the project formally entering into Front End Engineering…
Successful testing of the Chim Sao North appraisal well
Media enquiries Investor enquiriesMatthew Doman Andrew Nairn+61 8 8116 5260 / +61 (0) 421 888 858 +61 8 8116 5314 / +61 (0) 437 166 497matthew.doman@santos.com andrew.nairn@santos.com Santos today announced the successful completion of drilling and testing of the Chim Sao North appraisal well (12W-CS-2X) on Block 12W in Vietnam. The target Middle Dua sand…
2008 Santos AGM Resolutions
2008 Santos AGM Addresses
The Chairman’s and Acting CEO’s Addresses to the 2008 Annual General Meeting held in Adelaide today are attached in the file below.
The transcript of the Chairman’s and Acting CEO’s press conference following the 2008 Annual General Meeting is attached in the file below.
Closure of the Moonie to Brisbane Oil Pipeline
Media enquiries Investor enquiriesMatthew Doman Andrew Nairn+61 8 8116 5260 / +61 (0) 421 888 858 +61 8 8116 5314 / +61 (0) 437 166 497matthew.doman@santos.com andrew.nairn@santos.com Santos today formally advised the Queensland Government that it will not seek to reopen the Moonie to Brisbane oil pipeline (MBP), which has been closed since July last…
2008 First Quarter Activities Report
Production impacted by Mutineer-Exeter repairs 1Q 2008 production of 13.7 mmboe was significantly impacted by the shutting in of the Mutineer-Exeter FPSO for electrical repairs during the majority of the quarter. The production loss from the equipment failure was 0.2 million barrels. Repairs conducted during February and early March on the FPSO’s electrical slipring turret…
Santos appoints pre-FEED contractors for Gladstone LNG™
Media enquiries Investor enquiriesMatthew Doman Andrew Nairn+61 8 8116 5260 / +61 (0) 421 888 858 +61 8 8116 5314 / +61 (0) 437 166 497matthew.doman@santos.com andrew.nairn@santos.com Santos today announced the award of two parallel pre-Front End Engineering Design (pre-FEED) contracts to Foster Wheeler and Bechtel to each undertake a six month study for the…
Reindeer Project Sanctioned
Santos today announced the Final Investment Decision for the Reindeer Gas Project located offshore Western Australia. The Reindeer gas field was discovered in 1997 and is located in the Carnarvon Basin, offshore Western Australia within exploration permit WA-209-P. First gas is targeted by the end of 2010. Reindeer gas will be produced via an unmanned,…
2007 Final Dividend Reinvestment Plan (DRP)
2007 Annual Report, Sustainability Report and Notice of Annual General Meeting
Santos has released it 2007 Annual Report, Sustainability Report and Shareholder Update and its Notice of Annual General Meeting.
2008 Managing Director retires
Santos today announced that Managing Director and Chief Executive, John Ellice-Flint will step down from his role effective immediately. He will continue with the Company until 30 June 2008 in a consulting capacity. Executive Vice President, David Knox, has been appointed Acting Chief Executive Officer until the completion of an international search for a successor…
Conference call about John Ellice-Flint retirement
Mutineer-Exeter production recommences
Media enquiries Investor enquiriesMatthew Doman Andrew Nairn+61 8 8116 5260 / +61 (0) 421 888 858 +61 8 8116 5314 / +61 (0) 437 166 497matthew.doman@santos.com andrew.nairn@santos.com Santos advises that production has recommenced at the Mutineer-Exeter oil fields following the successful completion of electrical repairs on the FPSO. Forward production is expected to achieve 20,000…
Santos appoints Peter Coates to Board
Media enquiries Investor enquiriesChristian Bennett Andrew Nairn+61 8 8116 5155 / +61 (0) 400 686 106 +61 8 8116 5314 / +61 (0) 437 166 497christian.bennett@santos.com andrew.nairn@santos.com Santos today announced the appointment of Mr Peter Coates to its Board of Directors, effective immediately. Mr Coates, 62, has more than 40 years international experience in commodities…
Further progress in PNG LNG
Media enquiries Investor enquiriesMatthew Doman Andrew Nairn+61 8 8116 5260 / +61 (0) 421 888 858 +61 8 8116 5314 / +61 (0) 437 166 497matthew.doman@santos.com andrew.nairn@santos.com In another important step forward for the Papua New Guinea LNG Project, Santos today welcomed the signing of the Joint Operating Agreement (JOA) for the project with ExxonMobil,…
2008 Notice of Annual General Meeting
2008 Notice of Annual General Meeting
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