| Business Summary | | Santos,
Ltd.
is
an
Australian
onshore
oil
and
gas
producer
with
annual
production
of
almost
50
million
barrels
of
oil
equivalent.
The
core
of
Santos'
business
is
a
majority
working
interest
in
the
Cooper
and
Eromanga
Basins
located
in
central
Australia.
Santos
produces
sales
gas,
ethane,
oil
and
gas
liquids
from
these
basins
and
is
the
operator
of
production
and
exploration
operations.
In
the
past
decade,
Santos'
portfolio
of
interests
has
expanded
considerably,
with
exploration
acreage
and
producing
interests
offshore
Australia
and
in
Southeast
Asia
and
the
United
States.
Proved
and
probable
reserves
at
the
end
of
1999
were
941
million
barrels
of
oil
equivalent. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | STOSY
is
engaged
in
gas
and
petroleum
exploration;
the
production,
treatment
and
marketing
of
natural
gas,
crude
oil,
condensate,
naphtha
and
liquid
petroleum
gas;
and
the
transportation
by
pipeline
of
crude
oil.
For
the
fiscal
year
ended
12/31/00,
revenues
increased
56%
to
A$1.56
billion.
Net
income
increased
57%
to
A$486.8
million.
Revenues
reflect
increased
sales
volumes.
Net
income
also
reflects
decreased
operating
expenses
as
a
percentage
of
revenues. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | John Allan Uhrig, 71 | Chairman | John Ellice-Flint | CEO,
Managing Director | John Walter McArdle, 53 | Interim
Managing Director, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|