Santos Limited · ASX:STO

Santos — 6th Annual Coal Seam Gas & Coal Mine Methane Conference 2006

8 slides from Santos's conference presentation, Nov 21, 2006

  1. Slide 1: ASX/Media Release: Santos presentation at coal seam gas conference

    ASX/Media Release Media enquiries Investor enquiries Kathryn Mitchell Andrew Seaton +61 8 8218 5260 / +61 (0} 407 979 982 +64 8 8218 5157 / +61 (0) 410 431 004 kathryn. mitchell@santos.com andrew.seaton@santos.com 21 November 2006 Santos presentation at coal seam gas conference On Tuesday 21 Novembe

  2. Slide 2: Coal Seam Gas & Santos

    Santos Limited Coal Seam Gas & Santos Rick Wilkinson Vice President, Gas Marketing and Comimercidlisation 21 November 2006 » CSG is @ major gas resource » Eastern Australia gas market is increasingly integrated * Low barriers to CSG entry « Eastern Queensland has already established a diverse group

  3. Slide 3: A quarter of Eastern Australia's 2P gas reserves are CSG

    » A quarter of Easter Australia’s 2P gas reserves are CSG 2 [his Was dchieved in ~ 7 years » (SG already exceeds Cooper and Otway Basin reserves combined the 1998 1997 1995 199 2000 2001 2 « Existing pipeline network of raw and sales qas « Possible future pipelines: - Ballera- Moomba By-pass =» Wall

  4. Slide 4: Large acreage potential

    » Large acreage potential » Close to markéts Established infrastructure + Wallumibilia hub Pipeline infrastructure « Customers faciitate entry of new players “20 direct buyers in Queensland Source form 18 fields » More than 20 start up and transitional conipanies are building the industry ‘Total Res

  5. Slide 5: Start up players in Eastern Queensland

    Start up Eastern: Star Gas. ‘He Sunshine Gas: Comet Ridge. Beach Metgasco Pure-Eneray Maturation a ni lili S24 Netherlands

  6. Slide 6: CSG exploration and production fields

    Wy » 1996. CEG exploration commences « 2000— Contract signed CS Energy © « 2002 — Production startup May « Currently 27 11/6, produced 27 BCE « 24 producing wells Kew Field aad a Near existing cofiventional and CSG activity » Close to Infrastructure and markels » Low cost producer « Completed ‘start

  7. Slide 7: Fairview water injection

    » Fairview water injection » Up te 8,000 bbl/d 4 Coly CSG water injection in Australia i ING 45% raw gas 67% sales gas increase post acquisition

  8. Slide 8: Increase capacity to 1 PJ/d

    « Increase capacity to 70 1J/d - Additonal compressor site expansion to be commissioned 2 Plant capacity to 70 [I/d New pipeline connecting the field to Wallumbilla gas hub « Implemented continuous Grilling program » Further compression upgrade planned CSG [s a major gas resource Eastern Australia g

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