Santos Limited · ASX:STO
Santos — Macquarie Conference (May 2009)
11 slides from Santos's conference presentation, May 8, 2009
Slide 1: Delivering the Strategy
For personal use only Delivering the Strategy David Knox Managing Director and Chief Executive Officer 1 May 2009 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 exp
Slide 2: Securing our Energy Future
Securing our Energy Future For personal use only Natural Gas will play a vital role in meeting the energy requirements for Australia and the Asia Pacific region… Natural gas can meet new base load power generation requirements in Eastern Australia: - Lowering the carbon intensity of power generati
Slide 3: The Santos strategy
The Santos strategy For personal use only Using quality assets, Santos will safely deliver: Base business Eastern Australia: price and volume growth Indonesia: steady business with incremental growth WA & NT: exploit asset position Significant growth in LNG GLNG: transformational growth PN
Slide 4: Strategy delivery in 2008
Strategy delivery in 2008 For personal use only Significant growth in LNG Target Delivery Introduce a partner into GLNG and FEED entry 3 Sale of 40% interest in GLNG to PETRONAS for US$2.5 billion* 3 Bechtel appointed downstream FEED contractor 3 GLNG dedicated CSG 2P reserves increase by 142% 3 Fai
Slide 5: Santos' strategy has delivered outperformance
Santos’ strategy has delivered outperformance For personal use only Santos share price performance since 1 March 2008 175 150 133 125 100 75 70 50 March 2008 May 2009 Indexed to 100 from 1 March 2008 Santos (STO) ASX 200 index Source: Bloomberg 9 Strong operating performance 2008 Full Year Result Ch
Slide 6: Track record of reserves growth
Track record of reserves growth For personal use only 2P Reserves (mmboe) Impressive & consistent 1,200 5-Yr CAGR = 12% 1013 growth in both 2P and 2C 1,000 879 1029 819 800 774 Proven and probable 774(2P) reserves 819 now exceed 879 643 600 1 billion barrels 643 of oil equivalent (boe) 400 2008
Slide 7: CSG Assets & Gladstone LNG
For personal use only CSG Assets & Gladstone LNG 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 Greater Roma 7700 km2 (gross
Slide 8: GLNG: The leading CSG to LNG project
GLNG: The leading CSG to LNG project For personal use only Environmental applications commenced Freehold land acquired for Pre-FEED by Foster liquefaction facilities Wheeler and Bechtel Significant project PETRONAS selected Environmental Impact status awarded as partner Statement lodgement 2005 2007
Slide 9: GLNG: Building the reserves
GLNG: Building the reserves For personal use only 2P reserves up 142% to 3,246PJ Emerald 95% of 2P reserves uncontracted Proposed Gladstone and available for GLNG project Pipeline 2008 program successful in converting resources to reserves, and conversion of possible to proved and probable Arcad
Slide 10: Gunnedah Basin
Gunnedah Basin For personal use only 40 TCF prospective resource Secured access to majority acreage positions New South Wales (up to 21,000 km2 gross) Farmin agreements with Gunnedah - Australian Coalbed Methane PEL 450 PEL PEL 1 - Gunnedah Gas PEL 12 462 Coonabarabran Quirindi - Macquarie Energ
Slide 11: Delivering the Strategy
For personal use only Delivering the Strategy David Knox Managing Director and Chief Executive Officer 21 May 2009 11