Media enquiries Investor enquiriesKathryn Mitchell Andrew Seaton+61 8 8218 5260 / +61 (0) 407 979 982 +61 8 8218 5157 / +61 (0) 410 431 004kathryn.mitchell@santos.com andrew.seaton@santos.com Mr Christian Bennett has joined Santos to take up the newly created position of Group Executive, Government Strategy & Media Affairs. Mr Bennett joins Santos from the Department…
Media enquiries Investor enquiriesKathryn Mitchell Andrew Seaton+61 8 8218 5260 / +61 (0) 407 979 982 +61 8 8218 5157 / +61 (0) 410 431 004kathryn.mitchell@santos.com andrew.seaton@santos.com Production from the Santos-operated Casino gas project, offshore Victoria, has started with the delivery of first commissioning gas to TRUenergy’s Iona processing plant near Port Campbell. Casino will…
Santos 2005 revenue up 64% to record $2.46 billion Santos today announced record sales revenue of $2.46 billion for the 2005 full year, up 64% on the Company’s previous record of $1.5 billion achieved in 2004. The result was driven by a 19% increase in production to 56.0 million barrels of oil equivalent (mmboe) together…
Media enquiries Investor enquiriesKathryn Mitchell Andrew Seaton+61 8 8218 5260 / +61 (0) 407 979 982 +61 8 8218 5157 / +61 (0) 410 431 004kathryn.mitchell@santos.com andrew.seaton@santos.com LNG and oil are the focus of a 25 well, high-impact exploration program announced today by Santos for 2006. Total 2006 expenditure across the Company’s Australian and overseas…
Santos Limited today announced that it will recover $149 million following the successful conclusion of the insurance claim relating to the January 2004 incident at the Moomba liquids recovery plant (LRP) in central Australia. This amount represents Santos’ share of the total of $231 million which will be received for Property Damage and Business Interruption…
Santos Limited today announced that a conditional contract has been executed for its Patricia Baleen plant to process up to 350 PJs of gas over 10 years from Nexus Energy’s Longtom field off Victoria and for Santos to then purchase the processed sales gas. The agreement remains conditional on sufficient reserves being proved at the…
Please see attached the transcript of the 2005 Santos Cooper & Fairview Update.
Representatives from the Traditional Owners, the Central Land Council (CLC), the Indigenous Land Corporation (ILC) and Santos Limited have joined forces with the opening of the Undurana Camel Farm, 300 kilometres west of Alice Springs. The Undurana Camel Farm will see the Traditional Owners farm feral camels in the region and sell them to local…
Santos Limited today announced that it has been awarded exploration permit NT/P69, located in the Timor Sea adjacent to exploration permit NT/P61 which contains the recent Caldita gas discovery. Exploration permit NT/P69 is in the Bonaparte Basin offshore Northern Territory, approximately 310 kilometres north-northwest of Darwin, and contains the previously discovered Lynedoch gas resource. “This…
Santos Limited today announced that the shareholders of Tipperary Corporation (Tipperary) voted to approve the merger agreement providing for the acquisition of Tipperary by Santos. This approval follows Santos’ announcement on 1 July 2005 of the proposed acquisition, and on 5 July 2005 of Santos’ decision to accelerate the acquisition of Slough Estate USA Inc’s…
Santos Limited today reported record third quarter sales revenue of $764 million, driven by a 15% year on year increase in production to 14.9 million barrels of oil equivalent. The third quarter revenue was 38% higher than the previous record of $553 million in the second quarter of 2005, and up 82% on the third…
Santos Limited advises that it will change the way it reports on exploration and delineation drilling activity. Effective immediately, Santos will report on actual drilling results, together with planned upcoming wells, as part of its quarterly activity reports which are lodged with the Australian Stock Exchange (ASX). Weekly drilling reports will no longer be issued.…
Santos Limited, on behalf of its wholly-owned subsidiary Santos Offshore Pty Ltd, today confirmed the discovery of a new gas field offshore Northern Territory with the drilling of the Caldita 1 exploration well. Caldita 1 commenced drilling on July 7 and reached a total depth of 4037 metres. The well encountered a significant hydrocarbon column…
Investor Update – UK/US Investor Presentation
Santos Limited has entered into an agreement to sell its 25% interest in the exploration permit JPDA 03-01 in the Timor Sea to Paladin Resources plc (Paladin). The permit contains the undeveloped Jahal and Kuda Tasi oil fields and is located in the Joint Petroleum Development Area between Australia and Timor Leste in the Timor…
On 30 September 2005 Santos will pay a fully franked interim dividend of 18 cents per share to shareholders on record as at 6 September 2005. For the purposes of the Dividend Reinvestment Plan (DRP) the average market price for the issue of DRP shares is $11.054929. Under the terms of the DRP, the average…
Santos Limited today reported that production has commenced from the John Brookes offshore gas development in the Carnarvon Basin, Western Australia at an initial flow rate of approximately 60-80 terajoules per day (TJ/d). The $300 million Apache-operated field development incorporates a minimum facilities un-manned platform with three production wells interconnected via a pipeline to processing…
Santos reports first half profit of $290 million First half net profit after tax up 240% to $290 million Underlying profit up 48% to $242 million Cash flow up over 190% to $565 million Interim dividend up 20% to 18 cents per share Revised 2005 production forecast of 55 mmboe – up 17% on 2004…
2005 Half Year Results Presentation
Santos Limited (Santos) has expanded its interests in Victoria’s Gippsland oil and gas fields with the announcement today of the acquisition of Trinity Gas Resources Pty Ltd which holds the following assets: • 10% interest in Production Licence VIC/L21 (Patricia-Baleen gas field and associated production facilities); and a • 10% interest in Retention Lease VIC/RL3…
Santos Limited today announced that it has contracted to supply gas to another major new Australian power station. Under the agreement, supply for the Kwinana gas fired power station announced yesterday by the WA Government, will come from the John Brookes field. Santos (BOL) Pty Ltd (45% interest in the John Brookes field) and Apache…
A signing ceremony in Darwin overnight has executed the sales gas agreement for the US$3.3 billion Bayu-Undan project in the Timor Sea. Santos is the only Australian-owned company involved in this world-class condensate, LPG and LNG project with a 10.6% interest. The agreement was signed by Darwin LNG Pty Ltd, the company representing the Bayu-Undan…
Santos Limited has progressed its growth strategy with the announcement today of the Group’s first exploration venture in central Asia. Santos subsidiary, Santos International Operations Pty Ltd, has entered into a conditional letter agreement with ASX listed Caspian Oil and Gas Limited (Caspian) to execute a phased farm-in under which Santos will earn an 80%…
Santos Limited, as operator of the VIC/P44 joint venture, confirms that a new gas field has been discovered in the offshore Otway Basin, Victoria, with the drilling of the Henry 1 wildcat exploration well. Overnight analysis of gas samples acquired by wireline logging has confirmed that the gas is good quality with a similar composition…
Record second quarter sales revenue reported today by Santos Limited has driven the Australian oil and gas group’s first half revenue above $1 billion for the first time. Total sales revenue for the three months to 30 June 2005 was a record $553 million – a 19% increase on $466 million in the first quarter…
Santos Limited (Santos) has entered into an agreement to sell its 100% working interest in permit VIC/RL1, which contains the undeveloped Golden Beach gas field, to Cape Energy Group. Golden Beach was discovered in 1967 and is located in the offshore Gippsland Basin, 4 kilometres off the eastern Victorian coast. The agreement includes Santos Direct…
Santos Limited has further expanded its oil and gas exploration acreage in the Sorell Basin, offshore Tasmania. The Company has been awarded a permit by the Commonwealth and Tasmanian governments to explore for oil and gas in Block T/40P, located 100 kilometres off Tasmania’s north western coast. The new permit area, covering approximately 3155 square…
Further to the announcement from Santos Limited (“Santos”) dated 1 July 2005 regarding the proposed acquisition of Tipperary Corporation (“Tipperary”) and Tipperary Oil and Gas Australia Pty Ltd (“TOGA”), Santos today announced that it has entered into a definitive agreement with Slough Estates plc, the parent company of Slough Estates USA, Inc. (“Slough”) to accelerate…
Santos Limited today announced the execution of a definitive merger agreement to acquire Tipperary Corporation, as well as Slough Estates USA, Inc.’s 10% interest in Tipperary Oil and Gas Australia Pty Ltd. (a 90% subsidiary of Tipperary Corporation). The acquisition will provide Santos with an approximate 75% operated working interest in the producing Fairview Coal…
Santos Limited (Santos) today announced that it has been awarded an exploration block in the Arab Republic of Egypt as part of a joint venture with affiliates of Devon Energy Corporation (Devon) and Teikoku Oil Company (Teikoku). The joint venture, in which Santos has a 25% interest, has been awarded the onshore North Qarun Block…
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