Australian energy company Santos is delighted to announce a new three-year partnership with Darwin Festival, which will extend its association with this iconic event to 18 years. Darwin Festival is the premier artistic event of the Top End, an annual 18-day celebration of the unique and vibrant culture and lifestyle of the Northern Territory. This…
Presentation to Macquarie Australia Conference
Restuls of Santos Ltd Annual General Meeting
Santos 2011 AGM Address
Adverse weather in Central and Western Australia affects first quarter production Over the March quarter, adverse weather conditions in Central and Western Australia affected Santos’ operations. As a result, production of 11 million barrels of oil equivalent (mmboe) was 11% lower than the corresponding period. Almost double the average rainfall was received at Moomba in…
WA and NT Business Unit Briefing Presentation
Santos today announced that the Zola-1 exploration well in WA-290-P, located in the Carnarvon Basin offshore Western Australia, has intersected over 100 metres of net gas pay sands over a 400 metre gross interval in the primary target, the Mungaroo formation. Wireline logging and pressure testing completed over the weekend has confirmed the net gas…
Santos Shareholder update.
Santos releases its 2010 Annual Report
View online here.
Notice of Annual General Meeting.
Investor Presentation March 2011
2010 Full Year Report incorporating Appendix 4E
Santos lifts full year net profit by 15% to $500 million; Underlying net profit up 46% to $376 million Santos today announced a net profit of $500 million after tax for the year ended 31 December 2010, 15% higher than the previous year. Underlying net profit of $376 million was up 46% on the previous…
2010 Full Year Results Presentation
Santos increases 2P reserves to 1,445 million barrels Santos today announced that proved and probable (2P) hydrocarbon reserves increased to 1,445million barrels of oil equivalent (mmboe) as at the end of 2010. This represents a 2P reservesreplacement ratio of 110% and is the company’s seventh successive annual increase in itsreserves.Successful exploration, appraisal and commercialisation activity,…
2010 production in line with guidance; sales revenue up 2% 2010 production of 49.9 mmboe was within the company’s guidance range of 49-52 mmboe. Sales revenue of $2,228 million was 2% higher than 2009. Cooper Basin gas and oil production increased compared to the third quarter, however the ongoing impact of wet weather continued to…
Santos today announced that the GLNG partners have taken the final investment decision approving development of the US$16 billion, 7.8 mtpa GLNG project in Queensland. Development approval triggers major works for upstream field development, pipeline and LNG plant facilities at Gladstone. Orders will now be placed for long lead items such as line pipe, compressors…
Santos has today pledged to donate $50,000 to help the families who have suffered hardship or severe property damage as a result of the devastating floods in Carnarvon and the Gascoyne region in Western Australia. The donation will be made to the to the Lord Mayor’s Distress Relief Fund, the official state emergency fund which…
GDF SUEZ Bonaparte, operator of the Bonaparte LNG project, has announced the award of contracts for pre-Front End Engineering and Design (pre-FEED), to Granherne (upstream) and DORIS Engineering (midstream), two of the world’s leading engineering and energy project management consultancies. Attached is a media release issued by GDF SUEZ Bonaparte. Bonaparte LNG is a joint…
Australian energy company Santos today confirmed it would donate $500,000 to help Queensland communities recover from the current extensive flooding across the state. Santos will make a contribution to the following initiatives: $200,000 to provide direct assistance to Queensland farmers through an Agforce support program $75,000 to the Central Highlands Regional Council $75,000 to Banana…
Please click here to access this announcement.
Santos Limited (Santos, ASX:STO) today executed binding agreements with KOGAS and Total which pave the way for a final investment decision (FID) in January 2011 on the two train GLNG project. GLNG has an estimated gross capital cost of approximately US$16 billion from FID until the end of 2015, when the second train is expected…
Santos notes speculation that Korea Gas Corporation (Kogas) has agreed to buy 3.5 million tonnes per annum of LNG from the GLNG project and take a 15% stake in the project.
Santos confirms that GLNG and Kogas remain in advanced discussions but have not yet reached definitive agreement.
Santos will update the market as necessary.
Santos today welcomed the announcement by South Australian Premier Mike Rann that the State will set a carbon emissions limit for new power generation to drive the conversion of electricity production from high-carbon coal to lower carbon natural gas, and enable the further development of renewable energy. Santos Chief Executive David Knox said the company…
Santos today announced the final investment decision approving development of the Wortel gas project, located offshore Madura Island in the Sampang PSC, East Java, Indonesia. Wortel is the next project in Santos’ East Java near-field development strategy and adds to the company’s existing producing assets in the region, Maleo and Oyong. Wortel is located seven…
Santos today announced that appraisal drilling and wireline logging of the Spar-2 well in WA-4-R, located in the Carnarvon Basin offshore Western Australia, has confirmed 55 metres of net gas pay in the primary target Upper Barrow reservoir. The target reservoir has demonstrated very high productivity. Spar-2 was flow tested to surface at a gas…
South Australian Premier the Hon Mike Rann MP officially launched the Santos Conservation Centre at Adelaide Zoo today. The Santos Conservation Centre is the result of a joint commitment to sustainability between Australian energy company Santos and Zoos South Australia. Santos is contributing $2 million over four years to establish the centre, as part of…
Please find attached the presentation by David Knox to the Australian Institute of Energy on Monday 15 November 2010.
Santos today announced a further step in its focused Asian growth strategy with the execution of a sale and purchase agreement with Cairn Energy Plc for the acquisition of Cairn’s interests in Bangladesh. The transaction comprises Cairn’s interests in Block 16 (Sangu) and Block 16 (Exploration), located in the Bay of Bengal, offshore Bangladesh. Santos…
Oil-linked pricing to underwrite long-term future of the Cooper Basin Secures additional strategic advantage for GLNG Santos today announced an agreement to supply 750 PJ of gas to the GLNG project. The gas will be delivered from Santos’ eastern Australian gas portfolio, with existing uncontracted Cooper Basin 2P reserves being the primary supply source. The…
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