Santos today announced that it has agreed to sell its entire working interest in NT/P 48 (Evans Shoal) in the Bonaparte Basin offshore Northern Australia to Magellan Petroleum Australia Limited (Magellan) for up to $200 million. The transaction is a further outcome arising from Santos’ ongoing review of commercialisation options for its substantial gas assets…
Santos today announced that the PNG LNG project is proceeding with full project execution, with the completion of sales and purchase agreements with LNG buyers and financing arrangements with lenders. PNG LNG will see Santos and its partners build gas production, processing, transportation and liquefaction facilities capable of producing 6.6 million tonnes of LNG per…
2009 Annual Report
Please find attached presentation slides being presented at International Conferences during March 2010.
Santos today announced that the PNG LNG Project participants have finalised a binding Sale and Purchase Agreement (SPA) with CPC Corporation of Taiwan for the long-term sale and purchase of liquefied natural gas (LNG) totaling approximately 1.2 million tonnes per annum. Under the agreement, the PNG LNG Project will supply LNG to CPC Corporation for…
Santos, on behalf of the VIC/P44 joint venture, has announced first gas has been produced from the Henry and Netherby gas field development, located offshore Port Campbell in western Victoria. First gas was produced this week after the tie-in of the Netherby-1 and Henry-2 subsea wells to the existing Casino offshore pipeline system was completed…
2009 Full Year Report incorporating Appendix 4E
2009 Full Year Results Presentation
Santos reports $434 million net profit for 2009 Santos today announced a net profit of $434 million after tax for the year ended 31 December 2009. This compares to the $1.7 billion result reported for 2008 which was boosted by a $1.2 billion profit from the sale of a 40% interest in the GLNG® project…
Santos today announced the appointment of Jane Hemstritch to its Board of Directors, effective immediately. Ms Hemstritch was Managing Director Asia Pacific for Accenture from 2004 until her retirement in 2007. In this role, Ms Hemstritch was a member of Accenture’s global Executive Leadership Team and oversaw the management of Accenture’s businesses in the Asia…
42% increase in 2P reserves to 1.44 billion barrels 60% increase in CSG 2P reserves to 3,748 PJ Santos share Santos today announced a 42% or 427 mmboe increase in its year-end 2P reserves, taking the company’s total 2P reserves to a record 1.44 billion barrels of oil equivalent. This significant reserves increase is a…
Santos reports 2009 production in line with guidance 2009 production of 54.4 mmboe was within the company’s guidance range of 53 to 56 mmboe. December quarter production of 13.9 mmboe was 2% higher than the December 2008 quarter and in line with the September 2009 quarter. Gas production from the Oyong Phase 2 project in…
GLNG announced on 18 June 2009 that it had entered a binding Heads of Agreement to sell 2 million tonnes per annum (mtpa) of liquefied natural gas to PETRONAS with an option for an additional 1mtpa on the same terms should GLNG elect to supply. The Agreement with PETRONAS underpins the volumes for the first…
Santos today announced that the PNG LNG Project participants have finalised a binding Sale and Purchase Agreement with Osaka Gas for the long-term sale and purchase of liquefied natural gas (LNG) totaling approximately 1.5 million tonnes per annum. Under the agreement, the PNG LNG Project will supply LNG to Osaka Gas for a period of…
To view the 2009 Investor Presentation, please click on the attachment.
Delivery milestone in LNG growth strategy Commercialises 218 million boe of contingent resources to 2P reserves Santos today announced the next major step in its transformational LNG growth strategy with the approval of the Papua New Guinea liquefied natural gas (PNG LNG) Project, pending completion of sale and purchase agreements with LNG buyers and finalisation…
Santos today announced that the PNG LNG Project participants have finalised a binding Sale and Purchase Agreement with The Tokyo Electric Power Company (TEPCO) for the long-term sale and purchase of liquefied natural gas (LNG) totaling approximately 1.8 million tonnes per annum. Under the agreement, the PNG LNG Project will supply LNG to TEPCO for…
Santos today announced that the PNG LNG Project participants have finalised a binding Sale and Purchase Agreement with Unipec Asia Co Ltd, a subsidiary of China Petroleum & Chemical Corporation (Sinopec), for the long-term sale and purchase of liquefied natural gas (LNG) totaling approximately 2.0 million tonnes per annum. Under the agreement, the PNG LNG…
Santos is running a competition to win free flights to Adelaide to watch the Santos Tour Down Under, and other prizes guaranteed to spin the wheels of any cycling fan. Prizes in the Best Seats in the House Competition are: • 2 entry passes and transport by coach to and from the Mutual Community Challenge…
Santos will enter a team of 200 employees in the Mutual Community Challenge Tour – the public recreational ride that follows Stage 4 of the Santos Tour Down Under. This is a public event that caters for cyclists (or non-cyclists) of all abilities, covering three distances: 160km, 111km and 35km. The Mutual Community Challenge Tour…
Santos today commemorates the 40th anniversary of the first delivery of natural gas from its Moomba processing plant in the Cooper Basin, in the remote northeast of South Australia. The arrival of the first molecules of gas in Adelaide via the 750km pipeline from Moomba on 10 November 1969 was a significant milestone in building…
Please find attached a speech by Santos CEO David Knox and slides presented at the Committee for the Economic Development of Australia Oil & Gas – Driving Australia’s Economy luncheon in Sydney on 5 November 2009.
Santos today announced that the PNG LNG Project participants have entered into a Heads of Agreement with Unipec Asia Co Ltd, a subsidiary of China Petroleum & Chemical Corporation (Sinopec) for the long-term supply of 2 million tonnes per annum of LNG. The Project is working with Sinopec to finalise a binding sale and purchase…
Santos today announced the appointment of Mr Greg Martin to its Board of Directors, effective immediately. Mr Martin, 50, has nearly 30 years experience in the utilities, energy and energy related infrastructure sectors in Australia, New Zealand and internationally. Mr Martin held the position of Managing Director and Chief Executive Officer of The Australian Gas…
Australian energy company Santos and partner PETRONAS today unveiled a $50 million plan to generate up to 100 new apprenticeships and trainee positions to help deliver their Gladstone Liquefied Natural Gas project, GLNG®. Rick Wilkinson, Santos Queensland and GLNG President, said the plan was the first stage of planned investment in jobs and training, providing…
Please find attached presentation slides which were presented at the Financial Review Energy Conference held in Sydney on 23 October 2009.
Quarterly production summary September quarter production of 13.9 mmboe was 5% higher than the September 2008 quarter and 4% higher than the June 2009 quarter. Quarterly natural gas production (including ethane and LNG) of 61PJ was 12% higher than the September 2008 quarter and 2% higher than the June 2009 quarter. Crude oil production in…
Santos today announced that it has received new cost and throughput information regarding the PNG LNG Project from the operator ExxonMobil. These estimates remain preliminary as the contract awards have not yet been made. The revised capital expenditure for Phase 1 of the project is estimated to be approximately US$15 billion. This is an increase…
Please find attached presentation slides which were presented at the JP Morgan Australasian Conference held in Edinburgh on 8-9 October 2009.
Santos today announced that gas production has commenced from the Oyong Phase-2 project located off Madura Island, East Java, Indonesia. Oyong commenced oil production in September 2007 and has produced over four million barrels to date. Oyong Phase-2 was sanctioned in December 2007 and involves modifications to the offshore facilities and construction of a 60-kilometre…
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