Santos Limited · ASX:STO

Santos — UBS Sixth Annual Australian Resources & Energy Conference (June 2008)

14 slides from Santos's conference presentation, Jun 19, 2008

  1. Slide 1: UBS Conference Presentation cover note

    Santos Ltd A.B.N. 80 007 550 923 Ground Floor Santos Centre 60 Flinders Street Adelaide SA 5000 For personal use only GPO Box 2455 Adelaide SA 5001 Telephone: 08 8116 5000 Facsimile: 08 8116 5623 To: Company Announcements Office ASX Ltd From: Company Secretary Date: 19 June 2008 Subject: UBS Confere

  2. Slide 2: Santos: Beyond the 2P

    For personal use only Santos: Beyond the 2P Peter Wasow, Chief Financial Officer 19 June 2008 1 Disclaimer & Important Notice This presentation contains forward looking statements that are subject to risk factors associated with the oil and gas industry. It is believed that the expectations reflecte

  3. Slide 3: The Santos Portfolio

    The Santos Portfolio Reliable base business in Australia: ƒ Eastern Australia: price and volume growth ƒ Cooper Oil: scalable exploitation opportunity For personal use only ƒ WA: exploit asset position Significant growth in LNG: ƒ GLNG: transformational growth ƒ PNG: high quality gas reserves ƒ DLNG

  4. Slide 4: With significant scope beyond the 2P

    With significant scope “beyond the 2P” Near term oil development Significant oil prospects in Chim Sao/Dua in Vietnam PNG LNG – Expansion Multiple TCF gas prospects opportunities in Bay of Bengal PNG LNG – significant project underpinned by Near-term oil and gas development world class gas reserves

  5. Slide 5: Demand for Eastern Australia Gas

    Demand for Eastern Australia Gas Demand will more than double within 10 years… 1800 1600 Planned For personal use only 1400 LNG Projects PJ/a 1200 1000 Carbon driven fuel switching 800 10 Year Historic Average 600 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: NEMMCO, Santos, company anno

  6. Slide 6: Energy Market Differentials

    Energy Market Differentials Prices available in domestic and export markets 14 Average Asian Domestic Australian LNG Price (1) netback range (2) 12 For personal use only 10 8 $A/GJ 6 4 2 Santos average realised gas price 0 Jan-06 Apr-06 Jul-06 Oct-06 Jan-07 Apr-07 Jul-07 Oct-07 Jan-08 (1) Source: Ar

  7. Slide 7: Growth in LNG

    For personal use only Growth in LNG 11 2020 LNG Growth Aspiration Kutei LNG Kutei Santos: 20-50% PNG LNG DLNG1 & Bayu-Undan Santos: 17.7% Santos 11.4% PLNG DLNG2 DLNG GLNG Santos (Op): Petrel 95% Santos (Op): Tern 100% Santos (Op): 60% Santos (Op): Evans Shoal 40% Santos: Barossa Caldita 40% Browse

  8. Slide 8: CSG Assets

    For personal use only CSG Assets 13 CSG: Globally Significant in an Access Constrained World 1970 2007 NOC IOC Partial list for comparison Soviet Russian NOC Reserves Full IOC Access (78%) (85%) Russia 300 Canada 164 ME US 37 28 743 177 Iran 90 Algeria 159 Malaysia CSG +40bboe 33 Qatar 16 Resource p

  9. Slide 9: Santos CSG Assets are World Class

    Santos CSG Assets are World Class Fairview, Roma and Scotia rank amongst the world’s best CSG assets Gas Coal Field Permeability Saturation Flow Rate Spacing GIP/Well For personal use only Content Thickness Fairview zzz zzz zzz zzz zzz zzz zz Roma zz zzz zz zz zz zz zz Scotia zzz zz zzz zzz zz zzz z

  10. Slide 10: Gunnedah Basin

    Gunnedah Basin 40TCF prospective resource… ƒ Santos has secured access to majority acreage positions (up to 21,000 km2 gross) New South Wales For personal use only ƒ Quality and material land position to Gunnedah allow building of major new business PEL 450 PEL PEL 1 PELA 12 Coonabarabran Quirindi ƒ

  11. Slide 11: Santos: Leading the way in CSG to LNG

    Santos: Leading the way in CSG to LNG Freehold land acquired 3 for liquefaction facilities Significant project 3 status awarded For personal use only Environmental 3 applications lodged Pre-FEED by Foster 3 Wheeler and Bechtel PETRONAS selected as 3 partner 2008 FEED 2009/10 FID 2014 First Gas 19 Th

  12. Slide 12: PNG LNG & Darwin LNG

    For personal use only PNG LNG & Darwin LNG 21 PNG LNG Builds Momentum PNG LNG is moving toward final investment decision… ƒ Pre FEED work on two train 6.3 mtpa plant 9 ƒ Marketing Representative Agreement 9 Juha Hides & Angore Kutubu & Agogo ƒ Coordinated Development Gobe and Operating Agreement 9 ƒ

  13. Slide 13: Timor Bonaparte/Browse: hot property

    Timor Bonaparte/Browse: hot property Major parties enter and confirm acreage value … Sinopec 2Q 2008 CNOOC 3Q 2007 Total 3Q 2007 For personal use only Apache/Total 2Q 2008 Legend PETRONAS 3Q 2007 Santos acreage Reliance 3Q 2007 Other acreage Oil field Murphy 3Q 2007 Darwin Gas field ENI Renewing Oil

  14. Slide 14: Santos: Beyond the 2P

    Santos: “Beyond the 2P” Near term oil development Significant oil prospects in Chim Sao/Dua in Vietnam PNG LNG – Expansion Multiple TCF gas prospects opportunities in Bay of Bengal PNG LNG – significant project underpinned by Near-term oil and gas development world class gas reserves For personal us

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