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

2011 Half Year Report incorporating Appendix 4D

Address by David Knox to AMCHAM

Bonaparte LNG today announced that drilling had begun at the Petrel-7 appraisal well in NT/RL-1 in the Bonaparte Basin, in the Timor Sea. Results from the appraisal well, situated about 250 kilometres west of Darwin, will assist in the conceptual design and development of the proposed floating liquefaction project. Bonaparte LNG is a joint venture…

Higher quarterly production as operations recover from wet weather Production of 11.9 million barrels of oil equivalent (mmboe) in the June quarter was 8% higher than the first quarter of 2011 and in line with the corresponding period in 2010. Following adverse weather conditions in the first quarter, Cooper Basin production operations and well construction…

Investor Presentation – Acquisition of 100 percent of Eastern Star Gas (Consolidating Santos’ strategic CSG position in Gunnedah Basin) Joint Venture with TRUenergy.

Santos supports action on climate change and acknowledges the Prime Minister’s announcement today of the Australian Government’s Climate Change Plan as a significant step. The introduction of any carbon pricing policy must be well designed, providing permits to trade exposed industries, such as LNG, to maintain Australia’s competitiveness. The Government has recognised this in deciding…

Address by Peter Cleary to the Asian Oil and Gas Conference in Kuala Lumpur

US Investor Presentation June 2011

Australian energy company Santos, Korean energy company KOGAS, the Korean Ministry of Knowledge Economy and the University College London (UCL) have signed an agreement to provide 18 graduate scholarships over six years, underscoring Australia’s resources and energy expertise and adding to our education exports. The agreement, worth $3 million, will deliver 18 scholarships for a…

Restuls of Santos Ltd Annual General Meeting

Presentation to Macquarie Australia Conference

Santos 2011 AGM Address

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…