新奥股份：Santos2019年年度报告（英文）.PDF

1、Annual Report 2019ABN 80 007 550 923This 2019 Annual Report is a summary of Santos operations,activities and financial position as at 31 December 2019.All references to dollars,cents or$in this document are toUScurrency,unless otherwise stated.An electronic version of this report is available on San

2、tos website, Santos Corporate Governance Statement can be viewed at: CONTENTS1 About Santos2 Financial Overview4 Message from the Chairman and from the Managing Director&Chief Executive Officer8 Board of Directors11 Santos Leadership Team14 Reserves Statement18 Directors Report32 Remuneration Report

3、59 Financial Report135 Directors Declaration136 Independent Auditors Report142 Auditors Independence Declaration143 Securities Exchange and Shareholder Information145 Glossary146 Corporate DirectoryCover image:Darwin LNG,Wickham Point,Northern Territory About SantosAn Australian energy pioneerSantos

4、 is an Australian natural gas company.Established in 1954,the Companys purpose is to provide sustainable returns for our shareholders by supplying reliable,affordable and cleaner energy to improve the lives of people in Australia and Asia.Five core long-life natural gas assets sit at the heart of a

5、clear and consistent strategy to Transform,Build and Grow the business:Western Australia,the Cooper Basin,Queensland and NSW,Northern Australia and Timor-Leste,and Papua New Guinea.Each core asset provides stable production,long-term revenue streams and significant upside opportunities.With one of t

6、he largest exploration and production acreages in Australia,a significant and growing footprint in Papua New Guinea and a strategic infrastructure position,Santos is well positioned to benefit from the growing global demand for energy.To deliver our vision to be Australias leading natural gas compan