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Santos appoints Greg Martin to Board

Santos today announced the appointment of Mr Greg Martin to its Board of Directors, effective immediately. Mr Martin, 50, has nearly 30 years experience in the utilities, energy and energy related infrastructure sectors in Australia, New Zealand and internationally. Mr Martin held the position of Managing Director and Chief Executive Officer of The Australian Gas…

Santos announces $50 million apprenticeship and training plan

Australian energy company Santos and partner PETRONAS today unveiled a $50 million plan to generate up to 100 new apprenticeships and trainee positions to help deliver their Gladstone Liquefied Natural Gas project, GLNG®. Rick Wilkinson, Santos Queensland and GLNG President, said the plan was the first stage of planned investment in jobs and training, providing…

2009 Third Quarter Activities Report

Quarterly production summary September quarter production of 13.9 mmboe was 5% higher than the September 2008 quarter and 4% higher than the June 2009 quarter. Quarterly natural gas production (including ethane and LNG) of 61PJ was 12% higher than the September 2008 quarter and 2% higher than the June 2009 quarter. Crude oil production in…

PNG LNG Update

Santos today announced that it has received new cost and throughput information regarding the PNG LNG Project from the operator ExxonMobil. These estimates remain preliminary as the contract awards have not yet been made. The revised capital expenditure for Phase 1 of the project is estimated to be approximately US$15 billion. This is an increase…

First gas from Oyong Phase-2 in Indonesia

Santos today announced that gas production has commenced from the Oyong Phase-2 project located off Madura Island, East Java, Indonesia. Oyong commenced oil production in September 2007 and has produced over four million barrels to date. Oyong Phase-2 was sanctioned in December 2007 and involves modifications to the offshore facilities and construction of a 60-kilometre…

REDEMPTION OF FUELS (ASX CODE: STOPB)

In light of the upcoming redemption of the FUELS announced on 27 August 2009, FUELS will cease trading following the close of trade on 23 September 2009.
The FUELS will be redeemed on 30 September 2009 based on the number of FUELS held at 7:00 pm AEST on 28 September 2009.

Redemption of FUELS

On 11 May 2009, Santos announced its intention to use part of the proceeds from its entitlement offer to redeem the Franked Unsecured Equity Listed Securities (FUELS). A notice regarding the redemption has today been sent to registered holders of FUELS. A copy of the notice is attached to this release. Details of the redemption…

Change of share registry

In accordance with Listing Rule 3.15.1, Santos Limited (ASX:STO) advises that effective 31 August 2009, responsibility for the company’s share registry services will transfer to: Computershare Investor Services Pty LtdYarra Falls452 Johnston StreetAbbotsford Vic 3067 Postal address: GPO Box 2975Melbourne Vic 3001 Phone: 1300 017 716 (within Australia)+61 3 9938 4343 (outside Australia) Facsimile: +61…

Santos announces sponsorship of Tour Down Under

Santos today announced a major sponsorship deal for the Tour Down Under that will further enhance the standing of the nation’s premier cycling event, and its contribution to the South Australian community. Santos will become the Naming Rights sponsor of the event, which from today will be presented as the Santos Tour Down Under. The…

Santos Tour Down Under

Santos today announced a major sponsorship deal for the Tour Down Under that will further enhance the standing of the nation’s premier cycling event, and its contribution to the South Australian community. Santos will become the Naming Rights sponsor of the event, which from today will be presented as the Santos Tour Down Under. The…

2009 Half Year Results Announcement

Santos reports $102 million net profit for the first half of 2009 Santos today announced a net profit of $102 million after tax for the half year ended 30 June 2009, 66% lower than the previous half year. Lower international crude oil, condensate and LPG prices had a significant impact on the first half result,…

Santos and GDF SUEZ announce strategic partnership

Santos to sell a 60% interest in the Petrel, Tern and Frigate gas fields in the Bonaparte Basin to GDF SUEZ for US$200 million GDF SUEZ to lead the development of Bonaparte LNG, a proposed 2mtpa floating LNG project, and the marketing of the LNG GDF SUEZ to carry Santos’ share of pre-FEED and FEED…

2009 Second Quarter Activities Report

Quarterly production summary June quarter production of 13.4 mmboe was 2% higher than the March 2009 quarter, primarily due to higher Cooper Basin natural gas production. Crude oil production in the June quarter was lower than both comparison periods, primarily due to the planned maintenance shutdown of the Mutineer Exeter FPSO in April and May…

Santos to delist its ADRs from NASDAQ

Santos Limited today announced its intention to delist its American Depositary Receipts (ADRs) from the NASDAQ Stock Market (NASDAQ) in the United States. Santos ADRs have been listed on NASDAQ since 1981. As a foreign issuer whose securities or underlying ADRs were listed on NASDAQ before 5 October 1983, Santos has to date been exempt…

PNG LNG reaches significant marketing milestone

Santos today announced that the PNG LNG Project participants have reached alignment on commercial terms with three major LNG buyers in the Asian region for sales of approximately 4.3 million tonnes per annum. As previously announced, a fourth LNG buyer is awaiting Government approval of key commercial terms for the remaining 2 million tonnes per…

2009 Santos Retail Entitlement Offer Update

Santos Limited provides the following market update on key company activities. The market update is provided in the context of the Santos Retail Entitlement Offer which is currently open andcloses at 5:00pm (AEST) on Friday 5 June 2009, and as such, the usual ASX Listing Rule disclosure exceptions are currently not applicable. GLNG®Discussions with an…

Sale of interest in PRL 5 in Papua New Guinea

Santos announced today that it has executed a conditional agreement to sell its 50.353% operated interest in Petroleum Retention Licence No. 5 (PRL 5) in Papua New Guinea to a wholly owned subsidiary of P3 Global Energy Company Limited, a Thailand-based privately held energy company, for US$20 million. Santos’ interest in PRL 5 is not…

Natural gas and renewables: Australia’s new comparative advantage in energy

Santos today called for a greater combined role for natural gas and renewable energy in meeting Australia’s future need for reliable, affordable energy while reducing carbon emissions from power generation. In a submission to the Australian Government’s Energy White Paper process, Santos argued Australia’s abundant natural gas resources combined with proven and clean gas-fired power…

Santos announces $6 million community benefits package for SA

Santos today announced that it will spend over $6 million supporting six new initiatives as part of its South Australian Community Fund. Community partners to benefit from the initiatives are the Adelaide Zoo, the Botanic Gardens of Adelaide, the Asthma Foundation of SA, the Starlight Children’s Foundation, Come Out – the Australian Festival for Young…

2009 Santos Announces Equity Raising

Capital to be used to fund PNG LNG Project and FUELS redemption. An opportunity to invest in Santos’ LNG growth strategy PNG LNG project is progressing well; key milestones are being reached. Santos today launched a 2-for-5 accelerated pro-rata non-renounceable entitlement offer at an offer price of A$12.50 per share to raise a minimum of…

2009 Santos AGM address

Chairman’s Address IntroductionSantos made substantial advances in its strategic development and operational performance in 2008.Significant progress on Santos’ liquefied natural gas projects was central to our strategic advancement, while the solid performance of our base businesses in Australia and Indonesia pushed revenue to record levels and drove a 42% increase in underlying profit. At Santos,…

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