Santos Ltd (STO) 1999年年度报告「ASX」.pdf

1、gasenergy to develop the nationoilannual report 1999cover artwork 30.3.00 3:02 PM Page 2Santos is Australias largest onshore oil and gas producer,with assets of over$4 billion and annual production of almost 50 million barrels of oil equivalent.The core of Santos business is a majority working inter

2、est in the Cooper andEromanga Basins located in central Australia.Santos produces sales gas,ethane,oil and gas liquids from the Basins and is the operator of production and exploration operations.In the past decade Santos portfolio of interests has expanded considerably,withexploration acreage and p

3、roducing interests offshore Australia and in South EastAsia and the United States.ContentsReview of Operations and ActivitiesCorporate ReportChairmans Overview4Managing Directors Review5Review of PerformanceFinancial Performance12Exploration14Development16Reserves18Production20Environment and Safety

4、22Community23Santos Group Interests24Board of Directors26Corporate Governance29Directors Statutory Report34Financial Report40Stock Exchange and Shareholder Information72Visit the Santos website .auSantos LtdACN 007 550 923Incorporated in Adelaide,South Australia on 18 March 1954.Quoted on the offici

5、al list of the Australian Stock ExchangeLtd and also the New Zealand Exchange.Santos AmericanDepository Receipts issued by Morgan Guaranty in theUSA are sponsored and are quoted on the NASDAQsystem in the USA.AustraliaUnited StatesSouth East AsiaOn 10 March 2000,after completion of the Report,Santos

6、 announced a strategic acquisition ofCarnarvon Basin assets.Details of this acquisition,and other information on the Company,can befound on the Santos website.cover artwork 30.3.00 3:02 PM Page 3Santos was founded in 1954 by a group of Adelaidebusinessmen who believed that South Australia and theNor