Santos

Description

An Australian energy pioneer since 1954, Santos is one of the country’s leading gas producers, supplying Australian and Asian customers.

Santos has been providing Australia with natural gas from the remote outback for more than 40 years. The company today is the largest producer of natural gas to the Australian domestic market, supplying 16% of the nation’s gas needs.

Santos has also developed major oil and liquids businesses in Australia and operates in all mainland Australian states and the Northern Territory.

From this base, Santos is pursuing a transformational liquefied natural gas (LNG) strategy with interests in four exciting LNG projects.

This strategy is led by the cornerstone GLNG project in Queensland – a leading project in converting coal seam gas into LNG. Also in Santos’ LNG portfolio are the PNG LNG project, which was formally approved in December 2009, Bonaparte LNG, a proposed floating LNG project in the Timor Sea, and Darwin LNG, Santos’ first LNG venture, which began production in 2006.

Santos has built a strong and reliable production business in Indonesia and is further developing its Asian business through development projects and exploration investment.

In 2010, Santos’ total production was 49.9million barrels of oil equivalent. We have the largest Australian exploration portfolio by area of any company – 146,800 square kilometres.

Santos has about 2,400 employees working across its operations in Australia and Asia.

Santos is listed on the Australian Securities Exchange (ASX Ltd) - ordinary shares code STO. As at March 2011, Santos had a total market capitalisation of approximately $13 billion, making it one of Australia’s Top 30 companies.


Latest Santos News

Santos report record sales revenue and appraisal success at Barossa

Santos today announced company records for sales revenue in both the quarter ($1.1 billion) and the full year ($4 billion), reflecting the successful ramp-up of production from the PNG LNG project as well as higher Cooper Basin production. Fourth quarter production of 15.1 mmboe - 15% higher than t... Friday, January 23, 2015

Senex provides drilling report for December 2014

Senex Energy Limited (Senex, ASX: SXY) has drilled nine wells of its FY15 drilling program in the South Australian Cooper-Eromanga Basin. Six of these wells are located in the northern flank of the Cooper Basin. Sheerkhan-1 oil exploration well (PEL 182: Senex 57% and operator, Drillsearch 43%) Th... Wednesday, January 14, 2015

Beach Energy exploration and appraisal projects monthly drilling report

Beach Energy (ASX:BPT) announces their monthly drilling report for the month of December 2014, to include operated and non-operated exploration and appraisal projects. PRLs 129 to 130 (formerly PEL 106) (Beach 50%, Drillsearch 50%) The four-well exploration and appraisal campaign, which is proxima... Wednesday, January 7, 2015

Monthly drilling report for development projects from Beach Energy

Beach Energy (ASX:BPT) announces a monthly drilling report for their development projects for the month of December 2014. RLs 151 to 172 (formerly PEL 91) (Beach 40%, Drillsearch 60%) The last well of the six?well oil development campaign in the Bauer field was completed in December (Bauer?18). Th... Wednesday, January 7, 2015

Cooper Energy acquiring 50 % interest in Sole gas field and Orbost Gas Plant

Cooper Energy (ASX:COE) announces it has secured the basis for a substantial expansion to its gas resources and cemented its position as an emerging participant in the Eastern Australian gas market with the agreement to acquire a 50 per cent interest in the Sole gas field (VIC/RL3) and the Orbost (P... Tuesday, December 16, 2014

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