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Santos Ltd T.STO


Primary Symbol: STOSF

Santos Limited is focused on three regional business unit, including Cooper Basin, Queensland and New South Wales (NSW) and (PNG), now form the Eastern Australia and PNG Business Unit, Northern Australia and Timor-Leste, and Western Australia now form the Western Australia, Northern Australia and Timor-Leste Business Unit and Alaska is the third regional Business Unit. Supporting these three business units are two functional divisions: Santos Energy Solutions and Upstream Gas and Liquids. The Cooper Basin produces natural gas, gas liquids and crude oil. Gas is sold primarily to domestic retailers, industry and for the production of liquefied natural gas, while gas liquids and crude oil are sold in domestic and export markets. Its GLNG project in Queensland produces liquefied natural gas (LNG) for export to global markets from the LNG plant at Gladstone and is also sold to the domestic market. Northern Australia and Timor-Leste is centered on the Bayu-Undan/Darwin LNG (DLNG) project.


OTCPK:STOSF - Post by User

Bullboard Posts
Post by 1bearon May 06, 2006 2:23pm
191 Views
Post# 10806326

more......

more......NSC “Chornomornaftogaz” owns: - technological fleet consisting of 22 vessels - 2 self-elevating floating drilling rigs “Sivash” and “Tavrida” The company has a highly-qualified personal for implementation of the whole complex of works. The Company’s staff is 3500 people. The development strategy of NSC “Chornomornaftogaz” for the period till 2010 provides: - construction and put into operation 11 new fields, opened and perspective ones including; - drilling of 50 production wells, construction of 3 offshore fixed platforms, 9 block-conductors; lay of 459 km offshore gas-pipelines; - use of UAH 2,3 bln. of capital investments for construction of new fields, including exploitation drilling – UAH 806,6 mln, construction of new objects – UAH 1514,7 mln; - gas will stay a principle type in the structure of hydrocarbons production. A maximum designed level of natural gas production till 2010 will be 2,7 bln.m3 which increases the figures of 2002 in 3,3 times; - in 2003-2010 it is planned to produce totally 13,4 bln.m3 of natural gas, 562 thousand tons of gas condensate and 73 thousand tones of oil; - the project of gas-refinery plant’s construction provides obtaining of 150 tones of oil products daily in kind of liquefied gas of propane-butane fraction, stable gas fuel and raw materials for diesel oil;
Bullboard Posts