Santos Limited · ASX:STO

Santos — Investor Presentation (April 2011)

15 slides from Santos's investor presentation, Apr 12, 2011

  1. Slide 1: ASX cover announcement: WA & NT Business Unit Briefing Presentation

    Santos Ltd ABN 80 007 550 923 Ground Floor, Santos Centre 60 Flinders Street Adelaide South Australia 5000 GPO Box 2455 Adelaide South Australia 5001 Direct: + 61 8 8116 5000 Facsimile: + 61 8 8116 6723 For personal use only TO: Company Announcements Office ASX Limited FROM: Company Secretary DATE:

  2. Slide 2: Western Australia & Northern Territory Business Unit Investor Briefing

    For personal use only Reindeer wellhead platform installation Stena Clyde drilling rig Devil Creek Gas Plant Installation of Halyard Modules Western Australia & Northern Territory Business Unit Investor Briefing 1 12th April 2011 Disclaimer & Important Notice This presentation contains forward looki

  3. Slide 3: Santos vision and strategy; WA & NT - A Material Business

    Santos vision and strategy For personal use only LNG Markets LNG CHANNEL DOMESTIC CHANNEL Focused Strong Asian A leading g Australian Growth energy Base company in Australia and Asia Strategic Domestic Gas positions in EA and WA 3 WA & NT - A Material Business mmboe A$M Delivering 33% of total Santo

  4. Slide 4: WA & NT Growth Pipeline

    WA & NT Growth Pipeline For personal use only 2010 ~ 45,000 boepd Potential New Sanctioned Production Upside Options Finucane South Fletcher Reindeer John Brookes Beam BLNG Spar / Halyard Bayu Undan / Winchester Zola DLNG Browse Burnside Mutineer Exeter Hoss Barossa Caldita Stag g Clark East Spar 9

  5. Slide 5: WA Domestic Gas: Market Segments

    WA Domestic Gas: Market Segments For personal use only Demand Driver 2010 2020 Mining 20% 34% Port Hedland Dampier Electricity (SWIS) 30% 28% Onslow Alumina and Ammonia 41% 31% 3% Residential/Commercial 9% 7% Exmouth 15%  Expect demand to increase from 960 2% 2010 Demand by location* TJ per day (20

  6. Slide 6: Project Update: Reindeer/Devil Creek

    Project Update: Reindeer/Devil Creek For personal use only Reindeer/Devil Creek – WA’s new domestic gas hub Project Reindeer/Devil Creek Location Carnarvon Basin, Basin offshore WA Santos interest 45% Partner Apache 55%, operator Project scope  Wellhead platform  105-km pipeline to shore Reindeer

  7. Slide 7: Northern LNG: Bayu Undan / Darwin LNG

    For personal use only Northern LNG Bayu Undan / Darwin LNG A key asset now. . .  Santos’ first producing LNG asset  ConocoPhilips operated  Santos S iinterest 11.5% 11 5%  Bayu Undan field - producing ~1.1bcf raw gas per day (gross) - approximately 100,000 bbl/d liquids (gross)  DLNG 3.6mpta pl

  8. Slide 8: Bonaparte LNG and Browse Basin

    Bonaparte LNG For personal use only A partnership with French energy giant GDF SUEZ to develop floating LNG. . .  A 60/40 joint venture, will full carry of Santos’ share of costs to FID ((2014))  The 3 fields, 250km west of Darwin, are an ideal fit for FLNG: - Low in CO2 - Low in liquids  Project

  9. Slide 9: Carnarvon Oil: Stag

    For personal use only Carnarvon Oil Carnarvon Oil Stag  Santos 66.7% - keyy asset  Cumulative production > 50 mmbbls  Field production lifted to over 8,000 bopd following two new wells coming online (Jan 2011)  Additional program in 2011 (Q2-Q3) targeting to take field to over 10,000 bopd produc

  10. Slide 10: Carnarvon Oil: Mutineer Exeter

    Carnarvon Oil For personal use only Mutineer Exeter  Santos operated and 33.4% equity  Cumulative C m lati e p production od ction > 50 mmbbls  Two work overs planned in Q2 2011 (extends field life)  Possible Fletcher and/or Finucane tie back opportunity would defer abandonment Fletcher Finucane

  11. Slide 11: Zola Discovery and Winchester

    Zola Discovery For personal use only  Zola 1 successful gas test of Wheatstone Triassic horst block on trend from Pluto Gorgon g field Indian Ocean  >100m of net gas pay in excellent Gorgon John Brookes quality reservoir Spar Maitland Varanus Island East Spar Dampier  Multiple development options

  12. Slide 12: Winchester Prospect; WA & NT - A Material Business

    Winchester Prospect For personal use only Top Triassic TWT Map WA-330-P WA-321-P Parker-1 Good gas shows & minor fluorescence WA-323-P in Mungaroo sands - intersected fault Webley-1 Gas shows in fractured 5 km Windalia Radiolarite. Did not reach Mungaroo sands 21 WA & NT - A Material Business Delive

  13. Slide 13: Reference slides

    For personal use only Reindeer wellhead platform installation Stena Clyde drilling rig Devil Creek Gas Plant Installation of Halyard Modules Western Australia & Northern Territory Business Unit Investor Briefing 23 12th April 2011 Reference slides 12

  14. Slide 14: Carnarvon Basin; Browse & Bonaparte Basins

    Carnarvon Basin For personal use only WA-26-L WA-191-P Mutineer Fletcher Finucane WA-27-L Exeter WA-191-P Indian Ocean WA-208-P WA-20-L Hurricane WA-330-P Hoss Winchester WA-1-P Clark WA-323-P WA-209-L Reindeer WA-15-L WA-29-L Stag John Brookes WA-4-R Spar Varanus Island Dampier Barrow Island Karrat

  15. Slide 15: 2011 Drilling Program: WA & NT

    2011 Drilling Program: WA & NT For personal use only Well name Well type Timing Zola Exploration (gas) Q1 Finucane South* Exploration (oil) Q2 Mutineer 4* Workover (oil) Q2 Exeter 4* Workover (oil) Q2 Petrel 7* Appraisal (gas) Q3 Stag 38H Development (oil) Q2 g 39H Stag Development p (oil) ( ) Q3 Q

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