Santos Announces Gas Sales from Oyong
Santos Limited today announced that its wholly owned subsidiary Santos (Sampang) Pty Ltd had entered into a Heads of Agreement (HoA) with PT Indonesia Power for the sale of the entire gas reserves of the off-shore Oyong field in East Java, Indonesia. The Oyong field is estimated to contain in excess of 90 billion cubic…
2002 Fourth Quarter Activities Report
Santos advances to record 2002 production Australian-based oil and gas group, Santos Limited, today announced record production and sales volumes for the year ended 31 December, 2002. The Company also achieved higher sales revenue of $1.48 billion – the second highest annual revenue for Santos since its formation nearly 50 years ago. The record performance…
Bilip oil discovery flow test
Santos Ltd, as operator of PPL 190, has confirmed a flow rate of 2,000 barrels of oil per day from its first on-shore oil discovery in Papua New Guinea.The confirmation follows a successful flow test of the Bilip1 oil discovery in PPL 190 permit in the Southern Highlands of PNG. A closed chamber drill stem…
Major new gas contracts for the Cooper Basin
Santos Limited and the other Cooper Basin Producers have signed two new long-term contracts with the Australian Gas Light Company (AGL) to supply gas from the Cooper Basin. The new contracts are among the largest sales agreements for Cooper Basin gas since the early 1970s. AGL has agreed to purchase up to a total of…
Indonesian success for Santos with Maleo-2
5 December 2002 Santos Limited has announced a successful gas appraisal well in Indonesia. Its wholly owned subsidiary, Santos (Madura Offshore) Pty Ltd, as operator of the Madura Offshore Production Sharing Contract (PSC) located south east of Madura Island, East Java, has conducted a successful flow-test of the Maleo-2 gas appraisal well. The well flowed…
Exeter 3 appraisal well
Santos Limited as Operator of WA-191-P, announces that the Exeter 3 appraisal well has failed to encounter hydrocarbons in the primary objective Angel Sandstone reservoir .The well is at a depth of 3,338 metres and is preparing to obtain wireline pressure data across the Angel Sandstone. The well will continue to drill ahead to a…
Bilip 1 – announcement of PNG oil discovery
Santos , as operator of the Bilip exploration well in PPL 190 in the Southern Highlands of PNG, has completed wire-line logging operations.At 6 am the well was at 2,540 metres and was preparing to drill ahead. A 30 metre gross hydrocarbon column has been recorded with an oil water contact at 2,453 metres in…
Santos confirms significance of offshore WA oil field
Santos Limited has confirmed the significance of the Mutineer oil field in Western Australia’s North West Shelf. Results released today from the Mutineer 3 appraisal well in WA-191-P have resulted in the reserves range for the Mutineer field increasing to 50-120 million barrels of recoverable oil. Preliminary estimates of most likely reserves for the field…
2002 Third Quarter Activities Report
Record quarterly performance The three months ended 30 September, 2002, have proved a strong growth period for Santos Limited, including: The highest ever production and sales for any quarter Production up 3.4% to record 15.2 million barrels of oil equivalent (mmboe) – the first time quarterly output has exceeded 15 million barrels. Sales volumes up…
Bligh-1
Santos Limited (ASX:STO, NASDAQ:STOSY), as Operator of WA-191-P, announces that the Bligh 1 exploration well has reached a total depth of 3205 metres from rotary table and will be plugged and abandoned having failed to encounter hydrocarbons. Bligh 1 is located 10 kilometres east of the Mutineer oil discovery. The Sedco 703 rig will move…
Santos Welcomes Protection for Coongie Lakes
Santos Limited welcomes the South Australian Governments announcement today that it will move forward with the protection of the Coongie Lakes. Santos has entered into a Memorandum of Understand that the company brokered with South Australian conservation groups, recommending permanent protection for the Coongie Lakes area not currently covered by petroleum licenses. The Memorandum of…
Casino 2 Exploration Well
Santos Limited, as operator of VIC/P44 confirms a non commercial gas discovery in the offshore Victorian section of the Otway Basin. The exploration well Casino 2 reached a total depth of 2112 metres from rotary table (2087 metres below sea level) after penetrating two hydrocarbon bearing reservoirs, confirmed by initial wireline log analysis. Evaluation of…
International market keen bidder for US$300 million Santos debt issue
Santos Limited has attracted strong support from international investors for a US$300 million (A$550 million) private placement of long-term senior unsecured notes. “The placement was heavily oversubscribed. The initial offering was for $US200 million,” Santos’ Managing Director, Mr John Ellice-Flint, said today. We are pleased to have such a strong vote of confidence by international…
Santos steps up Carnarvon Basin oil exploration
Santos Limited (ASX:STO, NASDAQ:STOSY) has commenced an exploration and appraisal oil drilling program in its Carnarvon Basin permits in Western Australia. The exploration drilling program includes Bligh 1, which spudded 29 September 2002, and Immortelle 1 plus the two appraisal oil wells, Mutineer 3 and Exeter 3. The Bligh 1 exploration well is in Santos…
$60 million Santos Coal Seam Gas Project Opens
Santos Limited has made its first venture into coal seam gas production with the opening of its $60 million Scotia gas project in central Queensland today (Friday 27 September 2002). Santos – the company which has led Australia’s conventional onshore oil and gas discoveries for more than 40 years – has developed Queensland’s largest coal…
Offshore Otway Gas Discovery
CASINO 1 GAS DISCOVERY OFFSHORE OTWAYSantos Limited (ASX:STO, NASDAQ:STOSY), as operator of the offshore Otway permit VIC/P44 announces a gas discovery in the Casino 1 well. A confirmed gas column in the order of 47 metres has been indicated by wireline logs. The well is currently in the process of being plugged and abandon at…
Santos School of Petroleum Engineering
NEW ADELAIDE EDUCATION CENTRE FOR $16 BILLION AUSTRALIAN OIL AND GAS INDUSTRY Adelaide has become a new education centre for Australia’s $16 billion oil and gas industry with the official opening of the University of Adelaide’s new School of Petroleum Engineering and Management by the Prime Minister, the Hon John Howard MP. The School will…
2001 Gazettal Acreage Awards
A consortium led by Australias largest net gas producer, Santos Limited (ASX:STO, NASDAQ:STOSY), is to undertake one of the biggest petroleum exploration programs mounted in southern Australia. The total program could see exploration expenditures of up to $185 million over the next six years, in four new blocks, extending from south of Portland in Victoria…
Interim Results – Appendix 4B
View Appendix 4B by clicking on the link below.
Santos’ Interim Results 2002
Santos Limited (ASX: STO, NASDAQ: STOSY) today announced an after-tax profit of $163 million, or 25 cents per share, for the six months ended 30 June 2002. The result compared with the record $252 million in the previous corresponding period which included sharply higher world oil prices. Interim dividend has been maintained at 15 cents…
Interim Results 2002 – View the Archive of the Webcast
The webcast archive is available here (windows media player required).
Malaysian-Indonesian Gas Sales Negotiations
Australian oil and gas group, Santos Limited (ASX:STO, NASDAQ:STOSY) is involved in negotiations for a 20 year contract for sale of gas from Indonesia to Malaysia. Santos said today that a Memorandum of Understanding (MOU) has been signed between the Indonesian and Malaysian State oil companies (Pertamina and Petronas), to supply gas from onshore gas…
2002 Second Quarter Activities Report
Oil and gas producer, Santos Ltd, is pleased to report a 7.4% jump in production in the 2002 second quarter. Total production was 14.6 million barrels of oil equivalent (mmboe), up from 13.6 million boe in the 2001 second quarter. This growth reflects a 10.9% increase in natural gas production. Gas production increased in all…
Operatorship of Evans Shoal
Santos Limited today announced that its wholly owned subsidiary, Santos (NGA) Pty Ltd, has agreed with its joint venture partners, Shell Development (Australia) Pty Ltd (Shell) and Osaka Gas Australia Pty Ltd, to assume operatorship of the NT/P 48 permit located in the Timor Sea. Santos’ Managing Director, Mr John Ellice-Flint said, “As the new…
Exeter-2 Successful Appraisal Well
Santos Limited, as operator of WA-191-P, announces the successful appraisal of the Exeter oil field in the Carnarvon Basin, offshore Western Australia. Exeter-2, 1.9 km north of the Exeter-1 oil discovery, has confirmed the presence of an oil field at Exeter and provides further encouragement for a potential oil development in the Exeter-Mutineer area. Combined…
2002 First Quarter Activities Report
This is a good start to the year. Sales revenue was $322 million, close to the 2001 first quarter. Higher oil production and sales largely offset the impact of sharply lower oil prices and a record cool summer. Oil prices have moved higher over the last two months. Sales volumes increased by 9% to 13.0…
Successful completion of acquisition of Esenjay Exploration, Inc.
Santos Ltd today announced that its wholly owned subsidiary, Santos Americas and Europe Corporation (“Santos Americas”), successfully completed its acquisition of Esenjay Exploration, Inc. (NASDAQ : ESNJ) on 26 April 2002 (Houston time). A copy of the press release issued by Santos Americas is attached. Commenting, the Company’s Managing Director, Mr. John Ellice-Flint said, “The…
Santos to Target U.S. Growth through Esenjay Acquisition
South Texas Exploration Acreage Expected To Increase More Than Four-fold Santos Ltd (ASX: STO, NASDAQ: STOSY) today announced that Santos Americas and Europe Corporation (“Santos”), and Esenjay Exploration, Inc. (NASDAQ: ESNJ) (“Esenjay”) have entered into a definitive merger agreement under which Santos will offer to purchase for cash all of the outstanding common shares of…
Bayu-Undan LNG Gas Agreement
Bayu-Undan LNG Gas Agreement Signals Positive Development for Santos and Australian Natural Gas Resources Santos welcomes the recent Bayu-Undan LNG announcement by Phillips Petroleum of a 3 million tonne per annum Heads of Agreement with Tokyo Electric Power Company and the Tokyo Gas Company. This will be Santos’ first investment in an LNG project and…
870 / 975
Load more