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8th Asian LNG Summit 2014

Presentation by Peter Cleary, Santos Vice President LNG Markets and Eastern Australia Commercial to the 8th Asian LNG Summit 2014 in Beijing on 27 May, 2014.

Step change in LNG production for Santos following PNG LNG first cargo

Santos today announced the first shipment of liquefied natural gas (LNG) from the $US19 billion PNG LNG project has left Papua New Guinea carrying a cargo bound for Japan. Production from the first LNG train started in April, and production from the second train has also started. Santos Managing Director David Knox said the successful…

Comment on water bore contamination claims

Santos has had extensive and ongoing dealings with Tony Pickard, both directly and indirectly in his capacity as a community representative on the Narrabri Community Consultative Committee. There is no scientific evidence to suggest that there is any connection between Santos’ operations and the bacteria identified in Mr Pickard’s bore. The closest well and pond…

2014 Results of Annual General Meeting

In accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act, we advise details of the resolutions and the proxies received in respect of each resolution as set out in the attached proxy summary and poll results.

2014 Santos AGM Addresses

The 2014 Annual General Meeting was held in Adelaide today. The Addresses of the Chairman and the Managing Director, and the statement of the Managing Director in relation to the shareholder requisitioned resolution, are available below.

PNG LNG starts production ahead of schedule

Santos today announced that the PNG LNG project has started producing liquefied natural gas (LNG) ahead of schedule. Production from the first LNG train will increase over coming weeks and the first cargo is expected to be shipped to Asian markets before mid-year. Work on the second train is also progressing and LNG production from…

2014 First Quarter Activities Report

Strong progress on growth projects during the first quarter Santos today announced higher first quarter production and sales revenue, and strong progress on major projects. Santos Managing Director and Chief Executive Officer David Knox said that the first quarter of 2014 saw the company build momentum for strong project delivery in the year ahead. “The…

2013 Annual reports and Notice of 2014 AGM

Santos has released its 2013 Shareholder Review, 2013 Annual Report, 2013 Sustainability Report and its Notice of Annual General Meeting 2014. The 2013 Shareholder Review and 2013 Annual Report detail Santos’ performance and results and outline the company’s outlook and strategy. The 2013 Sustainability Report provides information on Santos’ management approach and sustainability performance. The…

2014 APPEA Investor Presentation

Santos’ Vice President Eastern Australia, James Baulderstone delivered a presentation at the APPEA Conference in Perth today ‘Responsible Development of Australia’s Onshore Natural Gas Resources’.

Clear path for completion of Santos’ GLNG train 1

Santos GLNG has reached another key milestone with the final three modules, or prefabricated steel structures, arriving and being moved on site at Curtis Island, Gladstone where they will soon form a key part of its first LNG train (processing unit). The structures, all cryogenic modules, weigh a total of 2,777 tonnes and will form…

GLNG signs gas purchase agreement with Meridian joint venture

Santos today announced that the GLNG project participants have executed a binding heads of agreement with the Meridian SeamGas joint venture for the purchase of gas for supply to the GLNG project. The agreement will commence in 2015 for gas supply over a 20 year period. The gas price will be oil-linked from 2016. The…

First gas from Peluang project ahead of schedule

Santos today announced that natural gas production has commenced ahead of schedule and on budget from the Peluang gas project offshore East Java in Indonesia. Sanctioned in February 2013, Peluang is a tie-back to the existing facilities at the Maleo gas field and is located in the Madura Offshore Production Sharing Contract (PSC). The project…

2014 Santos AGM resolution

Resolution under section 249N of Corporations Act for consideration at AGM In accordance with ASX Listing Rule 3.17A, attached is a copy of a notice received under section 249N of the Corporations Act on 14 March 2014 from 161 shareholders representing approximately 0.0475% of the Company’s shares on issue requesting a resolution for consideration at…

Clarification of non-GLNG project capex

In its 2013 full-year results investor presentation released to the market on 21 February 2014, Santos included a high-level summary of non-GLNG project capital expenditure on slide 12.
Attached is an updated slide with additional information to clarify the nature of these costs.

Santos appoints Scott Sheffield to Board, Mike Harding to retire

Santos Chairman, Ken Borda, today announced the appointment of Scott D. Sheffield to the Santos Board as an independent non-executive director, effective 24 February 2014. Mr Sheffield is Chairman and Chief Executive Officer of Pioneer Natural Resources Company, which is listed on the New York Stock Exchange and included in the S&P 500 Index. Mr…

2013 Santos Reserves Report

Santos today announced that proved plus probable (2P) petroleum reserves were 1,368 million barrels of oil equivalent (mmboe) as at the end of 2013. This represents an organic three-year 2P reserves replacement ratio of 102%* and provides a reserves life of 27 years based on 2013 production of 51 mmboe. While the company did not…

2013 Full Year Results Announcement

Santos reports 2013 full-year net profit of $516 million Sales revenue up 12% to a record $3.6 billion EBITDAX up 7% to $1,992 million Net profit after tax $516 million, in line with the previous year Underlying profit after tax down 17% to $504 million Operating cash flow $1,628 million, in line with the previous…

Santos GLNG marks 75% completion

The Santos GLNG project is now 75% complete and on track for the first shipment of LNG to sail out of Gladstone Harbour in Queensland next year. With the 6,000-strong workforce delivering approximately 4.5 million work hours so far this year, Santos GLNG has already achieved a number of construction milestones in 2014, including the…

Statement on Pilliga protests

Santos has received all the necessary State and Federal approvals, as well as landholder agreements, to commence exploration and appraisal works as part of its exploration drilling program in north-west NSW. The current exploration activities are restricted to a section of the Pilliga that has been specifically reserved by the NSW Government for logging, mining…

2013 Fourth Quarter Activities Report

Record sales revenue and strong progress on growth projects Santos today announced record sales revenue of $1.1 billion for the fourth quarter of 2013. The record result was driven by the company’s highest oil production in six years, strong oil prices and higher third party sales volumes. Total sales revenue for 2013 of $3.6 billion…

Further shale gas success at Moomba-194 in the Cooper Basin

Santos today announced that the Moomba-194 vertical shale gas well in the Cooper Basin is flowing gas at an average rate of 3 million standard cubic feet per day (mmscf/d). Moomba-194 is a follow-up to the existing successful shale gas well Moomba-191 within Santos’ Cooper Basin unconventional resource exploration program. Moomba-194 was drilled to a…

GLNG signs gas purchase agreement with Origin Energy

Santos today announced that the GLNG project participants have executed an agreement with Origin Energy for the purchase of 100 petajoules (PJ) of gas for supply to the GLNG project. The gas will be supplied at Wallumbilla over a period of five years commencing in January 2016 with pricing based on an oil-linked formula. Under…

2013 Citi Conference Presentation

Santos Managing Director & CEO David Knox today addressed an event in Sydney on the importance of responsible operations within the Australian gas industry. The industry funds day was hosted by Citi and themed Who Votes Your Shares? Connecting Boards with Industry, Public Sector & Super Funds. In his presentation, Developing Australia’s gas resources responsibly,…

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