Santos Ltd (STO) 1998年年度报告「ASX」.pdf

1、ssntoaAnnual Report 1998SantosSantos is Australias largest onshore oil and gasproducer.It is a world-scale specialist oil and gas company with assets of over$4 billion andannual production of over 45 million barrels of oil equivalent.The core of Santos business is a majorityworking interest in the C

2、ooper/Eromanga Basins oil and gas fields located in centralAustralia.Santos produces gas,ethane,oil andgas liquids from the Basins and is the operator of production and exploration operations.Santos Ltd ACN 007 550 923Incorporated in Adelaide,South Australia on 18 March 1954.Quoted on the official l

3、ist of the Australian Stock Exchange Ltd and alsothe New Zealand Exchange.Santos American Depository Receipts issued by Morgan Guaranty in the USA are sponsored and arequoted on the NASDAQ system in the USA.South East AsiaUnited StatesContents1998 Report to ShareholdersAims,Values,Strategy,Highlight

4、s.2Results Overview.4Chairmans Overview.5Managing Directors Review.6Review of PerformanceFinancial Performance.12Exploration.14Development.16Reserves.18Santos Australian Gas Business.19Production.20Environment.21Board of Directors.22Business Units Operations.2410 Year Summary.28Production Statistics

5、.29Santos Group Interests.30Glossary.32Corporate Governance.33Directors Statutory Report.38Financial Report.42Stock Exchange and Shareholder Information.76AustraliaExplorationProductionOil pipelineGas pipelineEthane pipelineGas pipelineunderconstructionSouthern OceanPacific OceanIndian OceanPapua Ne

6、wGuineaAustraliaIndonesiaBonaparteGulfSeramBass BasinCooper/Eromanga BasinsAmadeus BasinCarnarvon BasinBrowse BasinTimor SeaSurat Basin&Denison TroughBentuBangkoTimor GapOtway BasinKorinci-BaruWarimSampangMelbourneHobartDarwinBrisbaneSydneyCanberraPerth01000kilometresGippsland BasinMt IsaAlice Sprin