Santos has been awarded off-shore exploration acreage in the Duntroon Basin, 70 kilometres south of Port Lincoln, off South Australias Eyre Peninsula. This is Santos first exploration acreage in South Australian waters. The Federal and South Australian governments have jointly awarded the Duntroon Exploration block EPP32 to Santos. The block covers 5,315 square kilometres and…
Santos is among the top companies for corporate governance in Australia, according to a recent survey of Australias top 250 listed companies.The study was conducted by the University of Newcastle in conjunction with accounting firm Horwath. It assigned a star rating to their corporate governance practices, with five stars being the highest performance accolade. Santos…
Santos Ltd has made a natural gas discovery Crocker Perkins 2 – in a new area for the Company in Texas. Santos has made a deep gas discovery in the Wilcox trend with Crocker Perkins 2. The well, is located in Live Oak County, was directionally drilled to a total depth of more than 4,600…
Santos Ltd announces that its wholly owned subsidiary, Santos (Madura Offshore) Pty Ltd, as Operator of the Madura Offshore PSC situated south east of Madura Island, East Java, has conducted a successful flow-test of the Maleo-1 exploration well. The final measured flow rate was 382,291 cubic metres per day (13.5 million cubic feet per day)…
Santos Group Announces New Indonesian Gas Discovery Santos (Madura Offshore) Pty Ltd, as Operator of the Madura Offshore PSC situated southeast of Madura Island, East Java, announces a new gas discovery resulting from the Maleo-1 wildcat exploration well. Maleo-1, drilled on the flank of a large four-way dip structure, encountered a 48 metre gross gas…
Santos Ltd has acquired a 20% working interest in the Patricia Baleen development. The Patricia and Baleen fields are located in the OMV operated Production Licence VIC/L21, located 24 Kilometres off the Victorian coastline adjacent to the town of Orbost. Santos’ Managing Director, Mr John Ellice-Flint said “The Patricia Baleen development will be Santos’ first…
Santos Announces Expanded Otway Basin Production And Gas Sales Agreement Santos Limited today announced that it has executed a gas sales agreement with a major energy retailer for further production from the Victorian onshore Otway basin. Santos has also concluded a gas purchase arrangement whereby Santos will purchase Beach Petroleum NL’s 10% share of production…
Santos Limited, as operator of WA-191-P, announces the results of the Mutineer 2 well in the Carnarvon Basin, offshore Western Australia. The Mutineer 2 well is located 2 km north of Mutineer 1B and 2.8 km north west of Norfolk 1 and tested the northern limit of the Mutineer field. Mutineer 2 reached a total…
Speaking in Adelaide today at the annual conference of the Australian Petroleum Production and Exploration Association (APPEA), Santos Managing Director Mr John Ellice-Flint said, “Australian oil independents need to expand overseas to grow.” However Mr Ellice-Flint said that Australian companies face tax disadvantages. “US companies can write-off Australian exploration spending against their US income. However,…
Santos Ltd today announced that its wholly owned subsidiary, Santos Americas and Europe Corporation (“Santos Americas”), has successfully completed its cash tender offer to acquire all outstanding shares of Esenjay Exploration, Inc (NASDAQ : ESNJ).The offer expired at 12.00 midnight (New York City time) on 22 April, 2002 at which time approximately 92.3% of the…
Speaking at the Santos Ltd Annual General Meeting held in Adelaide today, the Chairman, Mr Stephen Gerlach said that a new and vigorous growth profile for the Company is starting to take shape. “The strategy that we released twelve months ago was aimed at growth. I am pleased to say that we are getting runs…
Santos Limited, as operator of WA-191-P, announces a successful oil exploration well in the Carnarvon Basin, offshore Western Australia. Preliminary interpretation indicates a net oil column of 18 metres over the 3,110-3,133 metre interval in the Angel formation. Total depth wireline logging is currently in progress. Further valuation of the results of the well will…
Santos Limited, as operator of WA-191-P, announces a successful oil appraisal well in the Carnarvon Basin, offshore Western Australia. Preliminary interpretation of wireline logs indicates that Norfolk-2 has intersected a net oil column of some 9 metres (true vertical thickness) in excellent reservoir quality, primary objective Angel sand. The well was drilled to a total…
Santos has learned that the Government of the Independent State of Papua New Guinea has decided not to proceed with the Santos proposal regarding Orogen Minerals Limited. Mr John Ellice-Flint, the Managing Director of Santos, said: “Santos is disappointed that the PNG Government has decided not to support the Company’s proposed offer for Orogen, which…
Santos Limited (ASX: STO, NASDAQ: STOSY) today announced that it is considering making a takeover offer for Orogen Minerals Limited (Orogen) at a cash price of A$2.00 per share, which would value Orogen at A$642 million. Santos is currently in discussions with Orogen’s 51% shareholder, Mineral Resources Development Company Limited (MRDC), a wholly owned entity…
Santos Ltd. (ASX: STO, NASDAQ: STOSY) today announced that Santos USA Corp, has completed and tested its Runnells-7 well in the deep geopressured Frio Trend in Matagorda County, Texas. The Runnells-7 well was production tested at an unstimulated daily flow rate of 623,000 cubic meters per day (22 million cubic feet) of natural gas, and…
Santos Ltd Managing Director Mr. John Ellice-Flint today announced a new organisation structure for the Company, based around the three drivers of shareholder value in the oil and gas business: volume, growth and cost. The structure also clearly reflects the geology of the Company’s interests and the location of its customers. Mr. Ellice-Flint said, “We…
Santos advises that Dr Ashok Khurana has announced that he will retire from the Company effective 19th December 2001.
On behalf of the Board, Santos’ Managing Director, Mr John Ellice-Flint, said he would like to record the Company’s appreciation for the contribution Dr Khurana has made during his time at Santos.
JOHN ELLICE-FLINT
Managing Director
On 17 October 2001 Santos Limited announced a major capital management initiative comprising an off-market share buy-back of up to $250 million and an issue of a minimum of $250 million of Reset Convertible Preference Shares, with provision for total subscriptions of up to $350 million. Santos today announced allocation details for the issue of…
Santos Ltd, as the Operator of Permits WA-281-P and WA-283-P in the Browse Basin announces the commencement of a two well oil exploration program. The Carbine-1 well in WA-283-P has spudded and as at 06.30am today had drilled ahead to 125 metres. The planned total depth is 1578 metres. Drilling of the Carbine-1 well is…
Santos is pleased to announce the appointment of Mr Einar Vikingur to the position of Chief Information Officer. Einar has a wide range of experience in managing information systems, business process improvements and e-Business and is skilled in the areas of leadership and general management. At Santos Einar will be responsible for the company’s information…
Santos Limited is pleased to announce that Natural Gas Australia Limited today received approval from the Supreme Court of Victoria to complete the Schemes of Arrangement previously announced on 9 April 2001, which will result in NGA becoming a wholly-owned subsidiary of Santos. On the Schemes becoming effective tomorrow, Santos will acquire 100% of NGA…
Santos Ltd., as operator of the Moomba Gas Plant, and on behalf of the South Australian Cooper Basin Producers, provides an update on the status of the reinstatement of the Liquids Pumping Station following the incident that occurred on 16 June 2001: Gas production and supply from the Moomba complex has continued at normal levels,…
” Santos Ltd, as Operator for the South West Queensland Unit, today announced that it has discovered a new gas field in the Queensland sector of the Cooper Basin, 138km southwest of the Ballera Gas Facility. The exploration well, Quasar South 1, has discovered gas in the Permian age Patchawarra Formation. Santos Managing Director John…
APPOINTMENT OF CHIEF EXECUTIVE AND MANAGING DIRECTOR The Board of Directors of Santos Limited is pleased to announce the immediate appointment of Mr John Ellice-Flint as the Companys Chief Executive Officer and as Managing Director with effect from the date of the Companys next Board Meeting on 19th December 2000. Mr Ellice-Flint is 49, an…
Esenjay Exploration Inc., the Operator of the Runnells 3 well in which Santos USA Corp. has a 30% working interest, today announced a natural gas discovery in the Ashland Deep prospect, in the onshore Texas Gulf coast, 85 miles southwest of Houston, Texas. Runnells #3, a wildcat discovery well, was production tested at an unstimulated…
ANGGUR 1 UPDATE Santos Ltd, on behalf of Santos (Sampang) Pty Ltd, operator of the Sampang Production Sharing Contract (PSC) offshore East Java, provides the following update on the gas blow-out at the Anggur 1 exploration well. The fire on the rig is out, although gas is still escaping from the well bore. Specialist well…
ANGGUR 1 Santos Ltd, on behalf of Santos (Sampang) Pty Ltd, operator of the Sampang Production Sharing Contract (PSC) offshore East Java, announces that there has been a blow-out while drilling the Anggur 1 exploration well. At approximately 15:00 hours local time on 2 November, the well sustained an uncontrollable release of gas while drilling…
Burke East 1 Santos Ltd, as Operator on behalf of the interest holders in PPL 12, announces a successful gas exploration well in the South Australian section of the Cooper/Eromanga Basins. The exploration well, Burke East 1, flowed gas at an estimated rate of 184,000 cubic metres per day (6.5 million cubic feet per day)…
Santos Ltd (Santos) today announced that it intends to accept MetCoal Holdings (Qld) Pty Ltds (MetCoal) revised offer to QCT Resources Limited (QRL) of $1.30 per share immediately. Santos will realise proceeds of approximately $326 million from the sale of its 36.4% shareholding in QRL and the special dividend. Santos has assessed the value of…
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