Category: <span>Papua New Guinea</span>

2013 Half Year Report incorporating Appendix 4D

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…

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…

Address by Santos CEO and MD David Knox to the UBS Australian Resources and Energy Conference 13 July 2013

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…

The Chairman’s and the CEO & Managing Director’s addresses to the 2013 Annual General Meeting held in Adelaide today.

Address by Santos CEO and MD David Knox to the Macquarie Australia Conference 1 May 2013

Growth projects on track; first quarter production impacted by planned shutdowns Santos today announced first quarter production of 12.1 million barrels of oil equivalent (mmboe), 2% lower than the first quarter of 2012. Gas production of 52.8 PJ (9.1 mmboe) was in line with the corresponding period, with higher Otway Basin production offset by lower…

Santos has released its 2012 Annual and Sustainability Reports, and notice of its 2013 Annual General Meeting. The 2012 Annual Report details Santos’ performance and results for the 2012 calendar year, and outlines the company’s outlook and strategy. The 2012 Sustainability Report provides information on Santos’ management approach and sustainability performance for 2012 in the…

Santos notes today’s announcement from Standard & Poor’s (S&P) that Santos’ €1 billion hybrid issued in September 2010 will be reclassified as debt under revised S&P criteria. S&P previously classified the hybrid as equity. As a consequence, S&P has placed Santos’ BBB+ credit rating on CreditWatch with negative implications. Santos Chief Financial Officer Andrew Seaton…

On 22 February 2013 Santos announced a fully franked final dividend of fifteen cents per share would be paid on 28 March 2013 to shareholders on record as at 7 March 2013. It also announced that the DRP would be in operation for this dividend. DRP shares would be issued at the arithmetic average of…

Full year profit $519 million and underlying profit $606 million GLNG and PNG LNG on schedule and budget Santos today announced a net profit of $519 million after tax for the year ended 31 December2012. The previous year comparable profit of $753 million included gains on asset sales of$408 million after tax. The 2012 result…

Santos today announced that proved and probable (2P) hydrocarbon reserves increased to 1,406 million barrels of oil equivalent (mmboe) as at the end of 2012. This represents a 2P reserves replacement ratio of 180% and provides a reserves life of 27 years based on 2012 production of 52.1 mmboe. 2012 continued Santos’ consistent track record…

2012 Full Year Report incorporating Appendix 4E

2012 Full Year Results Presentation

2012 production up 10%, record quarterly and annual sales revenue Santos today announced a 10% lift in annual production to 52.1 million barrels of oil equivalent (mmboe) and record quarterly and annual sales revenue. December quarter production of 13.2 mmboe was 13% higher than the corresponding quarter and sales revenue for the quarter was up…

Santos this morning delivered its 2012 investor presentation in Sydney.

Santos CEO David Knox this morning delivered the keynote address to the 2012 Australian Institute of Energy Conference in Sydney. Mr Knox spoke about the US and the changes occurring in their energy economy, the energy challenge facing our region and the pivotal role that gas is playing in addressing it, and what Australia can…

Santos Chief Executive David Knox said it was important that “all levels of government work together with industry to help deliver the vision outlined in the Energy White Paper and transform Australia’s energy sector for the benefit of all Australians.” “Australia’s abundant gas resources, together with the economies of scale provided by the export LNG…

Santos today announced the appointment of Hock Goh to its Board of Directors, effective immediately. Mr Goh, 57, has extensive experience in the oil and gas industry in Asia. During a 25-year career with Schlumberger, a leading oilfield services company, Mr Goh held senior positions in Asia, the Middle East and Europe, including President of…

Third quarter production up 6% and record quarterly sales revenue Santos today announced a 6% lift in third quarter production to 13.5 million barrels of oil equivalent (mmboe) and record quarterly sales revenue of $851 million Quarterly crude oil production of 2.6 million barrels was the highest in four years and 6% above the previous…

UK Roadshow Investor Presentation – October 2012

Santos Vice President Martyn Eames addressed SEAAOC (South East Asia Australia Offshore Conference) in Darwin this morning. Martyn’s presentation, Asia’s Energy Security – The Role of Gas, covered the energy challenge playing out in the Asia Pacific region, the role that gas is playing in addressing that challenge and contributing to a new era of…

2012 Half Year Report incorporating Appendix 4D

Santos reports $262 million net profit for the first half of 2012 Santos today announced a net profit of $262 million after tax for the half-year ended 30 June 2012. The headline half-year result is lower than the corresponding period which included gains on asset sales of $246 million. Underlying net profit of $283 million…

2012 Half Year Results Presentation

Second quarter production up 9% and sales revenue up 18% Santos today announced a 9% lift in second quarter production to 13 million barrels of oil equivalent (mmboe). Quarterly crude oil production of 2.4 million barrels was the highest in four years and 46% above the corresponding period due to production from Chim Sáo in…

Santos’ CEO and MD David Knox today addressed the UBS Australian Resources and Energy Conference in Sydney.
Mr Knox discussed Santos’ transformation through LNG, and provided an update on the projects in the LNG growth pipeline.

Santos chief executive David Knox this afternoon addressed the World Gas Conference in Kuala Lumpur on the topic of unconventional gas, and in particular the situation in Australia. Mr Knox’s presentation was part of a panel session titled Unconventional Gas: A Game Changer or a Global Bubble? It covered Australia’s abundance of natural gas reserves,…