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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’.

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…

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 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…

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 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…

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,…

2013 Third Quarter Activities Report

Record quarterly sales revenue and strong progress on growth projects Santos today announced record sales revenue of over $1 billion for the third 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. Third quarter production of 13.4 million…

2013 SEAAOC Presentation

Santos Vice President WA&NT John Anderson today addressed SEAAOC (South East Asia Australia Offshore Conference) in Darwin, where he highlighted the importance of collaboration in achieving the next wave of Australia’s natural gas developments. Mr Anderson’s address, The LNG Opportunity for Australia, looked at the future for natural gas in the Asia Pacific region, the…

2013 Interim Dividend Reinvestment Plan (DRP)

On 16 August 2013 Santos announced a fully franked interim dividend of fifteen cents per share would be paid on 30 September 2013 to shareholders on record as at 28 August 2013. It also announced that the DRP would be in operation for this dividend. DRP shares would be issued at the arithmetic average of…

Acquisition of a 50% interest in the Northwest Natuna PSC

Santos today announced the acquisition of a 50% interest in the Northwest Natuna Production Sharing Contract (PSC) offshore Indonesia from AWE Limited. The Northwest Natuna PSC contains the undeveloped Ande Ande Lumut oil field which has been independently assessed to contain estimated gross proved and probable (2P) reserves of approximately 100 million barrels of oil.…

2013 Half Year Results Announcement

Santos reports 3% lift in first half profit to $271 million Santos today announced a first half net profit of $271 million after tax, 3% higher than the corresponding period. The headline result reflects record sales revenue driven by higher crude oil sales volumes and gas prices, impairment reversals and lower production costs, partially offset…

2013 Second Quarter Activities Report

Growth projects on track; record first half sales revenue Santos today announced second quarter production of 12.4 million barrels of oil equivalent (mmboe), 2% higher than the first quarter of 2013. Gas production of 51.7 PJ (8.9 mmboe) was 6% lower than the corresponding period, with higher production from Darwin LNG offset by lower production…

Raising of LNG tank roof marks milestone on Santos GLNG project

A dome shaped LNG tank steel roof, weighing more than four Boeing 747s, has been raised almost 40 metres using little more than air, on Curtis Island today. This was a significant milestone for the Santos GLNG Project’s liquefied natural gas (LNG) plant, being built by downstream principal contractor Bechtel. Vice President GLNG Downstream Rod…

2013 Asia Oil & Gas Conference Presentation

Santos Vice President Asia Pacific Martyn Eames today addressed the Asia Oil & Gas Conference in Kuala Lumpur. Mr Eames spoke about the development of unconventional gas resources in the Asia Pacific region, outlining the ingredients necessary for success, progress being made in Australia, and Santos’ application of its own experience in Australia to assist…

Santos commits to Mereenie drilling program, onshore Northern Territory

Santos has committed to a $100 million drilling and appraisal program over the next 12 months in the onshore Mereenie field in the Northern Territory. The Mereenie appraisal and development drilling program will target oil while also evaluating natural gas resources. If successful, Santos will consider a further drilling program. Santos has operated Mereenie, 250…

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