Santos


All posts for Santos

Santos Shell JV Wins New Queensland Domestic Gas Acreage

Santos is pleased to have been appointed as preferred tenderer to explore new acreage in Queensland's key gas-producing Surat and Bowen Basins, in a 50-50 joint venture with Shell. Santos is the designated operator and is delighted to be working in partnership with Shell to explore this exciting a ...

OilVoice Press - OilVoice


Posted 28 days agoPress > SantosShellRoyal Dutch Shell +7

Santos Targets Production of More Than 100 mmboe by 2025

Santos has outlined its plans to grow production to more than 100 million barrels of oil equivalent (mmboe) by 2025, almost doubling current levels of production. Speaking at the company's Investor Day in Sydney, Santos Managing Director and Chief Executive Officer Kevin Gallagher said the success ...

OilVoice Press - OilVoice


Posted 2 months agoPress > SantosProductionOil +3

Santos Signs New Long Term Domestic Gas Supply Deal With Brickworks

Santos is pleased to announce that it has signed a new long term natural gas supply agreement with Brickworks Limited for its east coast operations through to the end of 2024. This new supply agreement will provide Brickworks' east coast operations with a flexible source of natural gas at competit ...

OilVoice Press - OilVoice


Posted 3 months agoPress > SantosUnited Statesgas +1

Santos Completes Sale of Non-Core Asian Assets

Santos announced in May 2018 the sale of its non-core Asian portfolio to Ophir Energy plc. Santos today advised completion of the sale of the producing assets has occurred (1). Santos has received cash proceeds of US$144 million at completion, which represents the sale price of US$221 million afte ...

OilVoice Press - OilVoice


Posted 3 months agoPress > SantosAsiaDivestment +1

Ophir Energy: Completion of Acquisition of Certain Southeast Asian Producing Assets From Santos Limited

Ophir is pleased to announce the completion of the acquisition of the Producing Assets from Santos Limited ("Santos"). Interim CEO of Ophir, Alan Booth, said: "I am delighted that we have completed the acquisition of the Producing Assets from Santos Limited and would like to extend a warm wel ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Ophir EnergySantosAcquisition +3

Santos Doubles Half-Year Underlying Profit to $217 Million and Reinstates Dividends to Shareholders

Santos today announced a doubling of half-year underlying profit to US$217 million and the reinstatement of dividends to shareholders. Santos Managing Director and Chief Executive Officer Kevin Gallagher said: “Our strategy has been to establish a low-cost operating model that delivers strong cash ...

OilVoice Press - OilVoice


Posted 3 months agoPress > SantosCooper BasinEarnings +3

Santos Announces Acquisition of Quadrant Energy

Key Highlights Acquisition of 100% of Quadrant Energy (Quadrant) for US$2.15 billion plus potential contingent payments related to the Bedout Basin Fully funded from existing cash resources and new committed debt facilities, with rapid de-gearing expected to Value accretive acquisition of lo ...

OilVoice Press - OilVoice


Posted 3 months agoPress > SantosQuadrant EnergyQuadrant +2

Ophir Energy: Proposed Acquisition of Certain Southeast Asian Producing and Exploration Assets From Santos Limited / Results of AGM

On 3 May 2018 Ophir announced the proposed acquisition of a package of Southeast Asian assets from Santos Limited, an Australian listed oil and gas company, for an aggregate cash consideration of $205 million pre-working capital adjustments, subject to certain approvals (the "Transaction"). In ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Ophir EnergyAcqusitionexploration +3

Santos: PNG LNG Signs Mid-Term Sales Agreement With BP Singapore

Santos advises that the PNG LNG Project co-venturers have entered into a mid-term LNG sale and purchase agreement (SPA) with BP Singapore Pte. Limited (BPS), for the supply of LNG commencing in August 2018. The mid-term SPA is for supply of approximately 0.45 million tonnes of liquefied natural ga ...

OilVoice Press - OilVoice


Posted 3 months agoPress > SantosPNGPapua New Guinea +6

Santos Accelerates Cooper Basin Natural Gas Development With Fourth Rig

Santos is pleased to announce a fourth rig, the Ensign 965, has started operations in the Cooper Basin, as the company continues its drive to produce more Australian natural gas to supply the east coast domestic market. The rig will drill eight wells by the end of this year, starting in the Big La ...

OilVoice Press - OilVoice


Posted 4 months agoPress > SantosCooper Basinnatural gas +5

Barikewa-3 Confirms Significant Natural Gas Resource in PNG

Santos today announced the Barikewa-3 well, located in Papua New Guinea's onshore Forelands region, intersected 25 metres of net gas pay within the Toro and Hedinia reservoir objectives. Reservoir quality exceeded pre-drill expectations and the appraisal well successfully intersected a gas-wate ...

OilVoice Press - OilVoice


Posted 4 months agoPress > natural gasPNGSantos +4

Ophir Energy: Proposed Acquisition

Proposed acquisition of certain Southeast Asian producing and exploration assets from Santos Limited Publication of Circular and Notice of General Meeting Further to the announcement by Ophir on 3 May 2018 relating to the proposed acquisition of a package of Southeast Asian assets from Santos ...

OilVoice Press - OilVoice


Posted 4 months agoPress > Ophir EnergyAcquisitionSoutheast Asia +1

Santos: 2018 Second Quarter Activities Report

Key Highlights Production growth in core Cooper Basin and WA gas assets Cooper Basin gas production up 8% and oil production up 17% compared to the prior quarter due to strong performance from recently connected wells more than offsetting the impact of a higher level of planned maintenance a ...

OilVoice Press - OilVoice


Posted 4 months agoPress > SantosCooper Basingas +3

Santos Announces Sustainable Dividend Policy

In line with Santos' stated purpose to provide sustainable returns to our shareholders, the Board has approved a new Dividend Policy.  Santos will look to pay ordinary dividends that are sustainable through the oil price cycle and will target a range of 10% to 30% payout of free cash flow 1 gener ...

OilVoice Press - OilVoice


Posted 5 months agoPress > SantosDividend

Santos: Barossa Project Awards FEED Contracts

Santos today announced further progress on the front end engineering and design (FEED) phase of the Barossa offshore project with the award of three major engineering contracts. Santos Managing Director and Chief Executive Officer, Mr Kevin Gallagher said “These contracts reaffirm Barossa's positi ...

OilVoice Press - OilVoice


Posted 5 months agoPress > SantosFEEDContract +3