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

2014 Half Year Report incorporating Appendix 4D

PNG LNG start-up drives stronger second quarter production Santos today announced higher second quarter production and a significant jump in sales revenue following the successful start-up of the PNG LNG project, which commenced production in April of this year ahead of schedule. The quarter’s production of 12.8 mmboe was an increase of 5% compared to…

Santos today announced that oil production has commenced from the Dua oil project, offshore Vietnam. Sanctioned in August 2012, Dua is a three-well subsea tie-back to the existing Chim Sáo facilities located in Block 12W in the Nam Con Son Basin. The gross production rate from the Dua wells is estimated to average 8,000 barrels…

2014 June Investor Roadshow Presentation

Address by David Knox – Managing Director and CEO, Santos to Brisbane Mining Club on 5 June, 2014

Presentation by Peter Cleary, Santos Vice President LNG Markets and Eastern Australia Commercial to the 8th Asian LNG Summit 2014 in Beijing on 27 May, 2014.

The 2014 Annual General Meeting was held in Adelaide today. The Addresses of the Chairman and the Managing Director, and the statement of the Managing Director in relation to the shareholder requisitioned resolution, are available below.

In accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act, we advise details of the resolutions and the proxies received in respect of each resolution as set out in the attached proxy summary and poll results.

Presentation by Santos Managing Director David Knox to the 2014 Macquarie Australia Conference in Sydney on 8 May 2014.

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…

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…

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’.

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 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…

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…

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 Full-year results presentation

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…

Santos this morning delivered its 2013 investor presentation in Sydney.

Santos today gave a presentation to the 2013 Citi Australia Conference.

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,…

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…

Presentation by Santos CFO Andrew Seaton to the 2013 CLSA Investors’ Forum in Hong Kong on 25 September 2013.

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…

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…

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…