Santos today advised that it expects to report a net profit after tax in the range of $180 million to$200 million for the half year ended 30 June 2010. This result is significantly above the prior corresponding period and ahead of current analysts’ consensus of $152 million based on a survey of analyst forecasts conducted…
Santos today announced that Executive Vice President and Chief Financial Officer Peter Wasow will retire from the company at the end of 2010 following eight years service in the role. Santos Chief Executive Officer David Knox paid tribute to Mr Wasow as a key member of the management team that has focussed on building Santos…
Central Australia flood recovery underway, planned Darwin LNG shutdown completed Major wet weather and flood events continued to significantly impact Cooper Basin activities in the June quarter, however recovery is well underway and all drilling rigs are now back in operation. Quarterly natural gas, ethane and LNG production of 54 PJ was 9% lower than…
Santos today announced it has executed a A$2 billion bilateral bank loan facility. This new facility will be used to refinance Santos’ existing A$700 million of undrawn bilateral bank facilities that mature between 2011 and 2013 and to increase liquidity. Santos Executive Vice President and Chief Financial Officer Peter Wasow said the refinancing of these…
Address by David Knox to the Australian Institute of Energy
Please find attached the Presentation by David Knox at the UBS Resources and Energy Conference held in Sydney today.
Gas: Australia’s AAA Advantage – Presentation at APPEA by David Knox
Santos will provide $3 million over five years to help Common Ground establish affordable housing and related services for more than a hundred homeless and low-income Australians. Under this new alliance, Santos becomes Common Ground’s first Community Partner and its largest corporate donor in Australia. The funding will go towards establishing an affordable accommodation and…
Santos today held its AGM at the Adelaide Festival Centre.
March quarter production impacted by flooding in Central Australia Over the March quarter, the major floods in Central Australia and Queensland impacted Santos’ Cooper Basin activities. Compounding the floods were local rains of up to 600 mm over the Cooper operational areas. As a result, March quarter production of 12.4 mmboe was 6% lower than…
Santos today announced that the PNG LNG project is proceeding with full project execution, with the completion of sales and purchase agreements with LNG buyers and financing arrangements with lenders. PNG LNG will see Santos and its partners build gas production, processing, transportation and liquefaction facilities capable of producing 6.6 million tonnes of LNG per…
2009 Annual Report
Please find attached presentation slides being presented at International Conferences during March 2010.
Santos today announced that the PNG LNG Project participants have finalised a binding Sale and Purchase Agreement (SPA) with CPC Corporation of Taiwan for the long-term sale and purchase of liquefied natural gas (LNG) totaling approximately 1.2 million tonnes per annum. Under the agreement, the PNG LNG Project will supply LNG to CPC Corporation for…
2009 Full Year Results Presentation
2009 Full Year Report incorporating Appendix 4E
Santos reports $434 million net profit for 2009 Santos today announced a net profit of $434 million after tax for the year ended 31 December 2009. This compares to the $1.7 billion result reported for 2008 which was boosted by a $1.2 billion profit from the sale of a 40% interest in the GLNG® project…
Santos today announced the appointment of Jane Hemstritch to its Board of Directors, effective immediately. Ms Hemstritch was Managing Director Asia Pacific for Accenture from 2004 until her retirement in 2007. In this role, Ms Hemstritch was a member of Accenture’s global Executive Leadership Team and oversaw the management of Accenture’s businesses in the Asia…
42% increase in 2P reserves to 1.44 billion barrels 60% increase in CSG 2P reserves to 3,748 PJ Santos share Santos today announced a 42% or 427 mmboe increase in its year-end 2P reserves, taking the company’s total 2P reserves to a record 1.44 billion barrels of oil equivalent. This significant reserves increase is a…
Santos reports 2009 production in line with guidance 2009 production of 54.4 mmboe was within the company’s guidance range of 53 to 56 mmboe. December quarter production of 13.9 mmboe was 2% higher than the December 2008 quarter and in line with the September 2009 quarter. Gas production from the Oyong Phase 2 project in…
Santos today announced that the PNG LNG Project participants have finalised a binding Sale and Purchase Agreement with Osaka Gas for the long-term sale and purchase of liquefied natural gas (LNG) totaling approximately 1.5 million tonnes per annum. Under the agreement, the PNG LNG Project will supply LNG to Osaka Gas for a period of…
To view the 2009 Investor Presentation, please click on the attachment.
Delivery milestone in LNG growth strategy Commercialises 218 million boe of contingent resources to 2P reserves Santos today announced the next major step in its transformational LNG growth strategy with the approval of the Papua New Guinea liquefied natural gas (PNG LNG) Project, pending completion of sale and purchase agreements with LNG buyers and finalisation…
Santos today announced that the PNG LNG Project participants have finalised a binding Sale and Purchase Agreement with The Tokyo Electric Power Company (TEPCO) for the long-term sale and purchase of liquefied natural gas (LNG) totaling approximately 1.8 million tonnes per annum. Under the agreement, the PNG LNG Project will supply LNG to TEPCO for…
Santos today announced that the PNG LNG Project participants have finalised a binding Sale and Purchase Agreement with Unipec Asia Co Ltd, a subsidiary of China Petroleum & Chemical Corporation (Sinopec), for the long-term sale and purchase of liquefied natural gas (LNG) totaling approximately 2.0 million tonnes per annum. Under the agreement, the PNG LNG…
Santos is running a competition to win free flights to Adelaide to watch the Santos Tour Down Under, and other prizes guaranteed to spin the wheels of any cycling fan. Prizes in the Best Seats in the House Competition are: • 2 entry passes and transport by coach to and from the Mutual Community Challenge…
Santos will enter a team of 200 employees in the Mutual Community Challenge Tour – the public recreational ride that follows Stage 4 of the Santos Tour Down Under. This is a public event that caters for cyclists (or non-cyclists) of all abilities, covering three distances: 160km, 111km and 35km. The Mutual Community Challenge Tour…
Santos today commemorates the 40th anniversary of the first delivery of natural gas from its Moomba processing plant in the Cooper Basin, in the remote northeast of South Australia. The arrival of the first molecules of gas in Adelaide via the 750km pipeline from Moomba on 10 November 1969 was a significant milestone in building…
Please find attached a speech by Santos CEO David Knox and slides presented at the Committee for the Economic Development of Australia Oil & Gas – Driving Australia’s Economy luncheon in Sydney on 5 November 2009.
Santos today announced that the PNG LNG Project participants have entered into a Heads of Agreement with Unipec Asia Co Ltd, a subsidiary of China Petroleum & Chemical Corporation (Sinopec) for the long-term supply of 2 million tonnes per annum of LNG. The Project is working with Sinopec to finalise a binding sale and purchase…
450 / 881
Load more