Santos Limited · ASX:STO

Santos — Patersons Coal Seam Gas Conference 2008

13 slides from Santos's conference presentation, Jul 15, 2008

  1. Slide 1: ASX cover note: Patersons Coal Seam Gas Conference Presentation

    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: 15 July 2008 Subject: Patersons C

  2. Slide 2: Gunnedah & Qld CSG - Disclaimer & Important Notice

    For personal use only Gunnedah & Qld CSG S G Kelemen 15 July 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 reflected in these statements are re

  3. Slide 3: Burgeoning Australian CSG Industry

    For personal use only CSG Assets 3 Burgeoning Australian CSG Industry Australian CSG production growth is following a similar pathway to the more established CSG resources in the USA ƒ Key metrics of the USA CSG industry Historic CSG Production include: (USA vs Australia) - 20 producing basins 1800

  4. Slide 4: Santos CSG Assets are World Class

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

  5. Slide 5: Santos' Leading CSG Acreage Position

    Santos’ Leading CSG Acreage Position Denison Greater Scotia Bowen Gladstone „ 6500 km2 (gross) Basin „ 2500 km2 (gross) Queensland „ Exploration stage „ 27 TJ/d production „ Same coals as Fairview „ Production since 2002 For personal use only Greater Roma „ 7700 km2 (gross) „ High quality resource G

  6. Slide 6: Recently Drilled Fairview Wells

    Recently Drilled Fairview Wells Gas flows from recently drilled wells delivering world class rates Fairview Wells Max Rate > 1mmscf/d 16 For personal use only 14 Wells drilled in last 6 months Production rate > 1mmscf/d 12 10 MMscf/d 8 6 4 2 0 9 Outstanding Drilling Performance Since Q3 2007 drillin

  7. Slide 7: Gunnedah

    For personal use only Gunnedah Gunnedah Basin 40TCF prospective resource… ƒ Secured access to majority acreage positions (up to 21,000 km2 gross) New South Wales ƒ Farmin agreements with Gunnedah - Australian Coalbed Methane PEL 450 PEL PEL 1 - Gunnedah Gas PELA 12 93 Coonabarabran Quirindi - Macqua

  8. Slide 8: Gunnedah Geology

    Gunnedah Geology ƒ Basin consists of troughs separated by shelf/ridge areas ƒ Focused on Bando, Tooraweenah & Murrurundi Troughs and adjacent shelfs For personal use only Trough ƒ Available well data - Thick coal (10-60+m) - Good gas content (5-15+ m3/t) ƒ Reports of gas from deep bores ƒ Coal packa

  9. Slide 9: Exploration Programme

    Exploration Programme ƒ 2D Seismic - 500km of 2D acquisition For personal use only - Largest onshore seismic programme in NSW - Commence in Q3 08 15 CSG to LNG (GLNG ) TM

  10. Slide 10: GLNG: Responds to Observable Trends

    GLNGTM: Responds to Observable Trends GLNG TM ƒ World class unconventional reserves to fulfil … ƒ Growing Asia Pacific demand for LNG For personal use only ƒ From a secure supply source in Australia ƒ To capture rising price of scarce Curtis Is. energy Gladstone Proposed LNG Facility Gladstone 5 km

  11. Slide 11: GLNG JV - Upstream Assets

    GLNG JV - Upstream Assets TM GLNG JV Acreage Fairview (PLs 90, 91, 92, 99, 100 & 232) • Santos operated with a 79.5% working interest decreasing to 68.5% after project payout For personal use only • Acquired by Santos in 2005 with an established production history of over 14 years Greater Fairview (

  12. Slide 12: Creating Significant Value for Santos

    Creating Significant Value for Santos 3 Validates GLNG Project Leading CSG to LNG project 3 For personal use only Re-rates existing CSG resource Enhances GLNGTM project delivery via PETRONAS 3 strength of technical expertise and market position Simple deal structure – 60/40 alignment across the 3 in

  13. Slide 13: Santos: Leading the way in CSG to LNG

    Santos: Leading the way in CSG to LNG ƒ PETRONAS selected as partner, acquires 40% interest in GLNGTM for up to US$2.508 billion For personal use only ƒ Sets new valuation benchmark for gas in Eastern Australia ƒ PETRONAS is the leading Asian LNG company ƒ Gladstone LNG is the leading LNG project in

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