Santos Limited · ASX:STO
Santos — Macquarie Australia Conference 2011
9 slides from Santos's conference presentation, May 6, 2011
Slide 1: Presentation to Macquarie Australia Conference
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:
Slide 2: Disclaimer & Important Notice
For personal use only Macquarie Australia Conference 6 May 2011 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 reas
Slide 3: Santos vision and strategy
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 Transforming to oil-linked pricing 70% of 1.4bn boe 2P reserves Asset
Slide 4: Base production grows to record levels
Base production grows to record levels For personal use only Four projects in the base commence production in 2011 Project Santos Gross First Production (mmboe) interest production production 70 capacity Reindeer/ 45% 215 TJ/d1 4Q 2011 60 Devil Creek WA 50 Spar 45% 50 TJ/d2 Mid 2011 WA Chim Sáo 31.8
Slide 5: $8 billion of funding capacity
$8 billion of funding capacity For personal use only Comprehensive funding plan A$billion As at 31 Dec 2010 executed including: 8 A$2 billion bilateral bank 7 1.5 facility 6 €1 billion hybrid with 100% 5 2.0 equity credit from S&P 4 A$500 million institutional 3 placement to complete equity fu
Slide 6: Strategy delivers material LNG growth
Strategy delivers material LNG growth For personal use only Santos equity LNG production fromGLNG T1 discovered resources existing mtpa 5 BLNG 4 GLNG T2 3 2 GLNG T1 1 Excludes PNG LNG expansion PNG LNG Darwin LNG 0 2010 2020 9 GLNG Two-train 7.8 mtpa GLNG project under construction FID January 201
Slide 7: World-class GLNG contractors
World-class GLNG contractors For personal use only Predominantly fixed price EPC contracting strategy Project Description Contractor Contract Type Component Upstream surface All coal seam gas EPC contract with facilities and water gathering material level of and processing fixed price infrastructure
Slide 8: Zola gas discovery
Zola gas discovery For personal use only Zola-1 successful gas test of Triassic horst block on trend from Gorgon field Over 100m of net gas pay over a 400 metre gross interval in excellent reservoir quality Further high resolution 3D acquired Follow-up appraisal drilling in 2012 Santos inc
Slide 9: Contact Information
For personal use only Macquarie Australia Conference 6 May 2011 15 Contact Information Head office Andrew Nairn Adelaide Group Executive Investor Relations Ground Floor, Santos Centre Level 10, Santos Centre 60 Flinders Street Direct: + 61 8 8116 5314 Adelaide, South Australia 5000 Facsimile: +61 8