Adverse weather in Central and Western Australia affects first quarter production Over the March quarter, adverse weather conditions in Central and Western Australia affected Santos’ operations. As a result, production of 11 million barrels of oil equivalent (mmboe) was 11% lower than the corresponding period. Almost double the average rainfall was received at Moomba in…
Notice of Annual General Meeting.
Santos releases its 2010 Annual Report
View online here.
Santos Shareholder update.
Investor Presentation March 2011
2010 Full Year Report incorporating Appendix 4E
2010 Full Year Results Presentation
Santos increases 2P reserves to 1,445 million barrels Santos today announced that proved and probable (2P) hydrocarbon reserves increased to 1,445million barrels of oil equivalent (mmboe) as at the end of 2010. This represents a 2P reservesreplacement ratio of 110% and is the company’s seventh successive annual increase in itsreserves.Successful exploration, appraisal and commercialisation activity,…
2010 production in line with guidance; sales revenue up 2% 2010 production of 49.9 mmboe was within the company’s guidance range of 49-52 mmboe. Sales revenue of $2,228 million was 2% higher than 2009. Cooper Basin gas and oil production increased compared to the third quarter, however the ongoing impact of wet weather continued to…
GDF SUEZ Bonaparte, operator of the Bonaparte LNG project, has announced the award of contracts for pre-Front End Engineering and Design (pre-FEED), to Granherne (upstream) and DORIS Engineering (midstream), two of the world’s leading engineering and energy project management consultancies. Attached is a media release issued by GDF SUEZ Bonaparte. Bonaparte LNG is a joint…
Please click here to access this announcement.
Santos notes speculation that Korea Gas Corporation (Kogas) has agreed to buy 3.5 million tonnes per annum of LNG from the GLNG project and take a 15% stake in the project.
Santos confirms that GLNG and Kogas remain in advanced discussions but have not yet reached definitive agreement.
Santos will update the market as necessary.
Santos today welcomed the announcement by South Australian Premier Mike Rann that the State will set a carbon emissions limit for new power generation to drive the conversion of electricity production from high-carbon coal to lower carbon natural gas, and enable the further development of renewable energy. Santos Chief Executive David Knox said the company…
Please find attached the presentation by David Knox to the Australian Institute of Energy on Monday 15 November 2010.
Santos today announced a further step in its focused Asian growth strategy with the execution of a sale and purchase agreement with Cairn Energy Plc for the acquisition of Cairn’s interests in Bangladesh. The transaction comprises Cairn’s interests in Block 16 (Sangu) and Block 16 (Exploration), located in the Bay of Bengal, offshore Bangladesh. Santos…
Production up 9% on previous quarter; flood recovery continues All Cooper Basin drilling rigs are back to full operation, although wet weather and floods continue to affect activities and production. Natural gas, ethane and LNG production of 58 PJ was down 6% on the corresponding quarter due to continued Cooper Basin interruptions, partially offset by…
Santos today announced the successful launch and pricing of a €300 million follow-on hybrid issue (approximately A$420 million). This follows Santos’ debut issue of a €700 million 100% equity credit Euro hybrid which settled on 22 September 2010. This will bring the total amount of hybrid capital raised by Santos in this market to €1.0…
Santos today announced the appointment of Andrew Seaton to the role of Deputy Chief Financial Officer. Mr Seaton will assume the role of Chief Financial Officer when Peter Wasow retires at the end of 2010. Mr Seaton, 45, joined Santos in 2005 and has over 20 years oil and gas experience, encompassing finance, banking and…
Presentation to Carbon Expo 2010 in Melbourne.
Investor Presentation – Delivering Transformational Growth.
Santos released its 2010 First Half Shareholder Update today.
Please find attached the Presentation by David Knox at the SEAAOC 2010 South East Asia Australia Offshore Conference held in Darwin today.
Santos announced on 17 September 2010 an issue of Euro denominated Fixed to Floating Rate Subordinated Notes.
The Prospectus for the Subordinated Notes has been approved by the United Kingdom Listing Authority and lodged with the London Stock Exchange.
A copy of the Prospectus is attached to this release.
Santos today announced the issue of €650 million in Subordinated Notes (approximately A$900 million). Standard & Poor’s have confirmed that the hybrid will receive 100% equity credit. Standard & Poor’s press release is attached to this release. Santos Executive Vice President and Chief Financial Officer Peter Wasow said the hybrid issue demonstrates Santos’ ability to…
Santos notes media speculation about a potential hybrid issue. Santos advised the market in its half year results presentation on 26 August 2010 that it was considering a potential issue of hybrid securities. Santos has had discussions with potential hybrid investors. There is no certainty that a transaction will be executed. Santos confirms it is…
2010 Half Yearly Results Presentation by David Knox & Peter Wasow.
Santos reports 94% lift in half year net profit to $198 million Santos today announced a net profit of $198 million after tax for the half year ended 30 June 2010, up 94% on the previous half year. Profit was up due to higher product prices and lower exploration expense, partly offset by asset impairments…
2010 Half Year Report incorporating Appendix 4D
Santos today announced senior management appointments as the company continues to strengthen its leadership team. Peter Cleary will join Santos in the role of Vice President Strategy and Corporate Development. In his role, Mr Cleary will be responsible for the commercial, strategy and planning, corporate development, and public affairs functions, and will report directly to…
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