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Santos Ltd

ASX:STO
A$8.54Close 7 Oct 2026 · delayed

Past year: ▲ 35%(6.17 – 8.62 AUD)

Market cap
A$17.79bn
Shares on issue
2.08bn
Story beats
483 since 2006
Last event
19 Aug 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

20 Nov 2008drilling progress report● Neutral

Drillsearch reports Santos-operated Watson-3 was cased and suspended as a future Hutton oil producer. Watson-4 reached 1,691 m and is being logged. Routine Naccowlah development drilling.

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19 Nov 2008drilling progress report● Neutral

Beach reports Santos-operated Watson-3 was successful and Gidgealpa-59 and Watson-4 are drilling. Beach's Canunda-1 spudded 14 November and its PeeJay-1 on 15 November. Routine Cooper update; Beach's Egyptian purchase is complete.

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18 Nov 2008drilling progress report● Neutral

Sunshine Gas reports Tardrum 3 corehole in ATP 685P (Sunshine 50% operator, Santos 50%) is drilling at 891 m, testing a large anticline for coal seam and conventional gas. Follows the Crocker Gully permit's program; no result yet.

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13 Nov 2008drilling progress report● Neutral

Drillsearch reports Santos-operated Watson-3 reached 1,673.6 m with oil shows in the Hutton and is preparing to log. Beach's Canunda-1 is about to spud. Routine Naccowlah development drilling.

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12 Nov 2008drilling progress report● Neutral

Beach reports Watson-3 (Santos operator, Beach 38.5%) is the one Santos-operated well in progress. Beach's Canunda-1 is due to spud about 14 November. Routine Cooper drilling update with no new Santos result.

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7 Nov 2008farm in farm out completion● Neutral

Egypt approved Beach's deals: 20% of South East July via farm-in from Santos Egypt, leaving Santos Egypt 40% operator, Dana 40%, Beach 20%. South July-1 is planned for December 2008. Completes the Beach farm-in flagged earlier; North Shadwan is a Beach-only deal.

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6 Nov 2008drilling progress report● Neutral

Drillsearch reports Santos-operated Jackson South 16 was cased and suspended as a future oil producer at 1,594 m, and Watson 3 was due to spud 6 November. Beach's own Brownlow-1 was cased and suspended as a potential gas producer. Routine Cooper drilling.

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5 Nov 2008drilling progress report▲ Good

Beach reports Santos-operated Tickalara-20 and Jackson South-16 were cased as future oil producers. Beach's own Brownlow-1 found a 7 m gas sand and will be cased as a gas/condensate producer. Routine Santos results.

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29 Oct 2008drilling progress report● Neutral

Drillsearch reports Santos-operated Jackson South 14 was plugged and abandoned on 22 October. Jackson South 16 spudded 24 October and is drilling at 991 m. Routine Naccowlah development drilling.

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29 Oct 2008drilling progress report● Neutral

Beach reports Santos-operated Tickalara-20 and Jackson South-16 are drilling. Beach's own Brownlow-1 is at 2,520 m. Routine Cooper drilling update with no new result.

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28 Oct 2008drilling progress report● Neutral

Caspian Oil & Gas says it is nearing a separate deal to drill on Kyrgyz leases held by a Santos International Holdings subsidiary, with a rig expected in December. Santos is a minor party; nothing is final and no Santos cost is given.

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22 Oct 2008drilling progress report▼ Bad

Drillsearch reports Santos-operated Jackson South 14 reached 1,591 m and is being plugged and abandoned, a dry hole. The rig moves to Jackson South 16. Beach's Brownlow-1 spudded 19 October.

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22 Oct 2008drilling progress report● Neutral

Beach reports Santos-operated Tickalara-19 (Santos 70%, Beach 30%) was cased as a future McKinlay oil producer. Jackson South-14 is to be plugged and abandoned. Routine Cooper drilling results.

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21 Oct 2008drilling progress report▲ Good

AWE reports the Henry-2 horizontal section was drilled through the Waarre A from 2,050 to 2,648 m with good gas shows and good reservoir on logs. Completion is being run, then testing. Supports Henry first gas in H1 2009.

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16 Oct 2008drilling progress report● Neutral

Drillsearch reports Santos-operated Jackson South 14 spudded 11 October and is drilling at 978 m. Brownlow-1, operated by Beach, is about to spud. Routine development drilling.

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14 Oct 2008drilling progress report▲ Good

AWE reports 9 5/8 inch casing was successfully set on the Henry-2 DW1 ST1 sidetrack, to 2,050 m. This resolves the earlier tight-hole casing problem. A horizontal section through the Waarre A will follow.

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9 Oct 2008drilling progress report● Neutral

Drillsearch reports Santos-operated Jackson South 15 (TD 1,505.1 m) recovered 20.8 bbl of oil in a drillstem test and will be cased and suspended. Brownlow-1 (non-Santos) is moving in. Routine development result.

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8 Oct 2008drilling progress report● Neutral

Beach reports Santos-operated Jackson South-15 reached 1,515 m and is being tested, and Iliad-6 is drilling. Beach's own Brownlow-1 is about to start. Routine Cooper Basin drilling.

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2 Oct 2008drilling progress report● Neutral

Drillsearch reports Santos-operated Jackson South 15 is drilling at 1,208.5 m with oil shows in the Namur and Murta formations. Continues the Naccowlah development program; no result yet.

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1 Oct 2008drilling progress report● Neutral

Beach's weekly report says Santos-operated Iliad-5 (Santos 70%, Beach 30%) was cased as a future oil producer. Jackson South-15 is still drilling. Routine Cooper Basin development drilling.

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30 Sept 2008drilling progress report▼ Bad

AWE reports attempts to set casing on the Henry-2 DW1 sidetrack failed because of tight hole conditions. The 12-1/4 inch hole will be redrilled after setting a kick-off plug. A setback, though no delay to first gas is stated.

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26 Sept 2008drilling progress report▲ Good

Drillsearch reports Santos-operated Jackson 57 reached 1,514 m with oil shows and was cased and suspended as a future Hutton oil producer. The Westbourne reservoir was finer grained than expected. Rig moves to Jackson South 15.

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24 Sept 2008drilling progress report▲ Good

Beach reports Santos-operated Galex-2 was cased as a future gas producer and Jackson-57 as a future oil producer. Big Lake-90 is drilling. Routine development results.

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23 Sept 2008drilling progress report● Neutral

AWE reports the Henry-2 DW1 sidetrack reached 2,047 m, entering the top of the Waarre A reservoir at 2,041 m. It is conditioning the hole to run casing before a horizontal section.

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18 Sept 2008drilling progress report● Neutral

Drillsearch reports Santos-operated Jackson 57 spudded 15 September and is drilling at 597 m targeting the Hutton and Westbourne. No result yet.

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17 Sept 2008drilling progress report▲ Good

Beach reports Santos-operated Big Lake-89 was cased as a future gas producer, and Iliad-4 as a future oil producer. Galex-2 and Jackson-57 are drilling. Routine development results.

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16 Sept 2008drilling progress report▲ Good

AWE reports the Henry-2 pilot hole reached 2,042 m and found good gas-bearing Waarre A sandstones. The development sidetrack Henry-2 DW1 is now drilling at 1,657 m. Supports Henry first gas in H1 2009.

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11 Sept 2008drilling progress report● Neutral

Drillsearch reports Naccowlah West-22 was cased as a Birkhead/Hutton producer. Santos-operated Jackson 57 is expected to spud 13 September after rig maintenance. No new result.

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10 Sept 2008drilling progress report● Neutral

Beach weekly report: Santos-operated Iliad-4 (Beach 30%) is drilling. Beach also announced its own Cooper drilling program from 8 October and a Paralana geothermal well. Little that is new for Santos.

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9 Sept 2008drilling progress report● Neutral

AWE reports Henry-2 pilot well in Santos-operated VIC/P 44 is drilling ahead at 1,560 m, up 903 m over the week. Target depth is 2,047 m. No result yet.

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