Exploration Strategy

Santos’ exploration strategy focuses on proven basins in Australia and South-East Asia and seeks to leverage our existing infrastructure in these basins. The strategy also targets selected frontier basins that offer low-cost entry and transformation potential.

Santos’ exploration strategy will continue to focus on providing material organic growth options to underpin the company’s ability to continue to develop hydrocarbons to market.

2016 Exploration

Well nameBasin/areaTargetSantos %Status
Davis-1 (WA-214-P)*
Carnarvon – WA Gas 45 Drilling complete, evaluation ongoing
Merem-1 (Madura PSC) East Java – Indonesia Gas 67.5 Q1
Melewis-1 (Madura PSC) East Java – Indonesia Gas 67.5 Q1
Strickland-1 (PPL 269)*
Papuan – PNG Gas 30 Q1
Core hole program – 3 wells*
McArthur – NT Stratigraphic 75 Q3

*Not operated by Santos.

The 2016 exploration portfolio is constantly being optimised, therefore the above program may vary as a result of farm-out, rig availability, drilling outcomes, and maturation of new prospects.