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

Net profit after tax up 28% to a record $370 million Underlying profit up 68% to $407 million First half EBITDAX up 45% to $1.01 billion Cash flow up 14% to a record $643 million Interim dividend up 11% to 20 cents per share Production up 9% to 28.7 mmboe On target for 7% rise…

Media enquiries Investor enquiriesKathryn Mitchell Andrew Seaton+61 8 8218 5260/+61 (0) 407 979 982 +61 8 8218 5157/+61 (0) 410 431 004kathryn.mitchell@santos.com andrew.seaton@santos.com Santos advises that operations on the Dua-4X ST2 well in Block 12E in offshore Vietnam, operated by Premier Oil, have now been completed. As announced on 30 June 2006, the Dua-4X vertical…

The Jeruk-3 appraisal well is being drilled in the Sampang PSC, offshore Indonesia, approximately 1.8 km west of Jeruk-1 and 40 km south east of Surabaya. As foreshadowed in Santos’ ASX release dated 14 July 2006, a test of the bottom hole section of the well has now been completed.The test over the interval from…

Media enquiries Investor enquiriesKathryn Mitchell Andrew Seaton+61 8 8218 5260 / +61 (0) 407 979 982 +61 8 8218 5157 / +61 (0) 410 431 004kathryn.mitchell@santos.com andrew.seaton@santos.com Santos refers to its ASX/media release dated 17 July 2006 relating to its agreement on the terms of acquisition of Delhi Petroleum Pty Ltd (Delhi Transaction). Further to…

Record first half for Santos Santos today reported record sales revenue of $1.3 billion for the first half of 2006, an increase of 29% on the corresponding period for 2005. First half production of 28.7 million barrels of oil equivalent (mmboe) was also a record for Santos and compared with 26.3 mmboe in the previous…

Santos today announced it had reached agreement on the terms of a $474 million acquisition of Delhi Petroleum Pty Limited (Delhi), to increase its stake in the Cooper Basin oil and gas fields. The acquisition includes Santos buying all of the equity in the Delhi Group of Companies (Delhi Group) and the transfer to Santos…

The Jeruk-3 appraisal well is being drilled in the Sampang PSC, offshore Indonesia, approximately 1.8 km west of Jeruk-1 and 40 km south east of Surabaya. As reported by Santos on 18 May 2006 and 8 June 2006, the Jeruk-3 appraisal well tested oil from the top of the reservoir section. The well has subsequently…

Media enquiries Investor enquiriesKathryn Mitchell Andrew Seaton+61 8 8218 5260 / +61 (0) 407 979 982 +61 8 8218 5157 / +61 (0) 410 431 004kathryn.mitchell@santos.com andrew.seaton@santos.com Santos confirms it is currently in negotiation with various Westpac entities regarding the possible acquisition of the Delhi group of companies and related Floating Interest Energy LinkeD Securities…

Santos today announced an oil and gas discovery at the Dua-4X exploration well currently being drilled in exploration Block 12E, offshore Vietnam. Santos is participating in the well having agreed in April this year to take a 37.5% interest in two Vietnam exploration permits – Block 12E and Block 12W. The farm-in will be fully…

Further to our release dated 27 June 2006, Santos wishes to provide the following clarification regarding the well control incident at the Banjar Panji-1 onshore exploration well located in the Brantas PSC near Surabaya on the Indonesian island of Java, in which a Santos company has a non-operated 18% interest. Recent media articles include speculation…

Media enquiries Investor enquiriesKathryn Mitchell Peter Wasow+61 8 8218 5260 / +61 (0) 407 979 982 +61 8 8218 5985kathryn.mitchell@santos.com peter.wasow@santos.com Santos has an 18% interest in the Banjar Panji-1 onshore exploration well located in the Brantas PSC near Surabaya on the Indonesia island Java. Santos has been advised by the operator, Lapindo Brantas Inc,…

Media enquiries Investor enquiriesKathryn Mitchell Brooke Pedersen+61 8 8218 5260 / +61 (0) 407 979 982 +61 8 8224 7227 / +61 (0) 400 250 027kathryn.mitchell@santos.com brooke.pedersen@santos.com
From Tuesday 27 June 2006, Santos’ Managing Director John Ellice-Flint will be delivering the presentation ‘Options for Growth’ to European investors.
A copy of the presentation is available on the Santos website at the following link:

The Jeruk-3 appraisal well is being drilled in the Sampang PSC, offshore Indonesia, approximately 1.8 km west of Jeruk-1 and 40 km south east of Surabaya. As reported by Santos on 18 May 2006, the Jeruk-3 appraisal well has been flow tested over the open hole interval 4939 m MD to 4978 m MD (4663…

Santos has been recognised for its high standards of corporate reporting by winning a Gold Award at the 56th Australasian Reporting Awards. The award, announced on Thursday night in Sydney, recognises the quality of information provided in Santos’ 2005 Annual Report and the level of disclosure about the company’s performance and outlook. To win the…

Santos’ Chairman, Mr Stephen Gerlach told shareholders at its Annual General Meeting in Adelaide today that the Board remained confident in the future success of the Company, following the record results achieved in 2005. “While we are benefiting from the buoyant commodity price environment, our results also clearly demonstrate the traction achieved by the focussed…

Santos today reported increased production volumes and revenue for the first quarter of 2006. Total production for the three months ended 31 March 2006 rose 10.4% to 13.8 million barrels of oil equivalent (mmboe) from 12.5 mmboe in the previous corresponding quarter. Sales volume totalled 13.9 mmboe compared with 13.6 mmboe in the previous first…

Media enquiries Investor enquiriesChristian Bennett Andrew Seaton+61 8 8218 5376 +61 8 8218 5157 / +61 (0) 410 431 004christian.bennett@santos.com andrew.seaton@santos.com Santos today announced its first entry into Vietnam with an agreement to farm in to offshore exploration acreage operated by UK-based Premier Oil. Under the agreement, Santos will hold a 37.5% interest in Blocks…

Media enquiries Investor enquiriesKathryn Mitchell Andrew Seaton+61 8 8218 5260 / +61 (0) 407 979 982 +61 8 8218 5157 / +61 (0) 410 431 004kathryn.mitchell@santos.com andrew.seaton@santos.com Santos has promoted Mr Trevor Brown to the position of Vice President Geoscience and New Ventures. He succeeds Mr Jacques Gouadain who is retiring from the position after…

Media enquiries Kathryn Mitchell +61 8 8218 5260 / +61 (0) 407 979 982 kathryn.mitchell@santos.com Santos Limited is positioning itself to play an increasing role as a significant supplier to international energy markets, Managing Director, Mr John Ellice-Flint, says in the Company’s 2005 Annual Report lodged with the ASX today. “We have entered 2006 with…

On 23 February 2006 Santos announced a fully franked final dividend of twenty cents per share would be paid on 31 March 2006 to shareholders on record as at 6 March 2006. It also announced that the DRP would be in operation for this dividend and DRP shares would be issued at the arithmetic average…

Santos Limited’s Chairman, Mr Stephen Gerlach, today announced the extension of the terms of employment for the Company’s Managing Director and Chief Executive Officer, Mr John Ellice-Flint. “The Board is delighted that John has agreed to extend his commitment to the Company. John and his management team have delivered record results over the last year…

Media enquiries Investor enquiriesKathryn Mitchell Dean Bowman+61 8 8218 5260 / +61 (0) 407 979 982 +61 8 8218 5150 / +61 (0) 409 969 289kathryn.mitchell@santos.com dean.bowman@santos.com On 31 March 2006 Santos will pay a fully franked interim dividend of 20 cents per share to shareholders on record as at 6 March 2006 (Record Date).…

Media enquiries Investor enquiriesKathryn Mitchell Andrew Seaton+61 8 8218 5260 / +61 (0) 407 979 982 +61 8 8218 5157 / +61 (0) 410 431 004kathryn.mitchell@santos.com andrew.seaton@santos.com Further to the release of its 2005 results earlier today, and in response to a question received during the presentation and webcast, the table below details Santos’ 2006…

2005 Full Year Report incorporating Appendix 4E

Santos’ 2005 Profit Doubles Record $762 million net profit – more than double the previous year Underlying net profit up 107% to $639 million Sales revenue up 64% to $2.5 billion Production up 19% to 56 mmboe Operating cash flow up 141% to $1.5 billion Annual dividend increased by 15% to 38 cents per share…

Santos 2005 Full Year Results Presentation

Santos today announced that a record 122 million barrels of oil equivalent (mmboe) of proven (1P) reserves were added through exploration, appraisal, revisions and acquisitions in the year ended 31 December 2005. After allowing for production of 56 mmboe, 1P reserves increased by 66 mmboe to 414 mmboe, up from 348 mmboe at the end…

Media enquiries Investor enquiriesKathryn Mitchell Andrew Seaton+61 8 8218 5260 / +61 (0) 407 979 982 +61 8 8218 5157 / +61 (0) 410 431 004kathryn.mitchell@santos.com andrew.seaton@santos.com Mr Christian Bennett has joined Santos to take up the newly created position of Group Executive, Government Strategy & Media Affairs. Mr Bennett joins Santos from the Department…

Media enquiries Investor enquiriesKathryn Mitchell Andrew Seaton+61 8 8218 5260 / +61 (0) 407 979 982 +61 8 8218 5157 / +61 (0) 410 431 004kathryn.mitchell@santos.com andrew.seaton@santos.com LNG and oil are the focus of a 25 well, high-impact exploration program announced today by Santos for 2006. Total 2006 expenditure across the Company’s Australian and overseas…