Past year: ▲ 35%(6.17 – 8.62 AUD)
Each one in plain English, with the numbers worked through for a shareholder.
11 Jan 2007drilling result▲ Good
Third-party Magellan report: Santos-operated Dilkera North 1 (Nockatunga, Santos 61.006%) reached 1,438 m, recovered 31 barrels of oil on test and was cased as a future oil producer. Thungo 9 spudded 8 January. Follows the earlier Murta shows.
11 Jan 2007drilling progress report▼ Bad
Third-party Victoria Petroleum update: Wilpinnie-4 (Santos operator) had surface casing difficulties and the rig was preparing to skid and re-spud the well. Target depth remains 1,586 m. A minor setback; routine.
10 Jan 2007drilling result▲ Good
Third-party Beach report: Itchy 1 (Santos 66.6% operator) flowed oil at 2,174 barrels per day from the Hutton sandstone and was cased. Ramses-2 flowed oil at 588 bpd from the Poolowanna formation. Cowralli 8 is logging.
10 Jan 2007drilling spud● Neutral
Third-party filing by Impress: Santos-operated Wilpinnie-4 (Tomcat) spudded 9 January in PPL 93, where Santos holds 33%. It targets 7.5 million barrels in place (3.5 million recoverable) at P50, with a 1,588 m depth and about 7 days planned.
10 Jan 2007drilling progress report● Neutral
Third-party filing by Victoria Petroleum: Santos-operated Wilpinnie-4 (Tomcat) began drilling 9 January and was at 264 m, heading to 1,586 m. Santos holds 33.3% after farmout if commercial; the Tomcat prospect is mapped at 3.5-5.6 million barrels recoverable. Routine.
4 Jan 2007drilling progress report● Neutral
Third-party filing by Drillsearch: at Santos's Tintaburra block, Endeavour 38 and Currawinya 1 had poor shows and were abandoned. Endeavour 40 and Endeavour 26 are next. Routine drilling.
4 Jan 2007drilling spud● Neutral
Third-party filing by Magellan: Santos-operated Dilkera North 1 in the Nockatunga block (Magellan 38.994%) spudded 31 December and has Murta oil shows at 1,120 m. It begins Magellan's intensive drilling program. Routine.
3 Jan 2007drilling progress report● Neutral
Third-party Beach weekly report: Wackett-13 (Santos 67% operator) was cased and suspended, and Ramses-2 is logging at 2,935 m. Cowralli 8 and Itchy 1 are drilling ahead. Routine.
2 Jan 2007drilling scheduled● Neutral
Third-party filing by Impress: rain delayed Wirraway-1, while Santos-operated Wilpinnie-4 (Tomcat) in the Cooper Basin is expected to spud in early to mid January. Routine scheduling.
28 Dec 2006drilling progress report● Neutral
Third-party filing by Drillsearch: Tintaburra's Endeavour 28 was cased as a future oil producer, and Mugginanullah 2 recovered no oil on test and was abandoned. Endeavour 38 and Currawinya 1 are drilling. Routine.
21 Dec 2006drilling progress report● Neutral
Third-party filing by Drillsearch: at Santos's Tintaburra block, Endeavour 27 was cased and suspended, and Ziegfreid 1 had oil shows but recovered no oil on test and was abandoned. Mugginanullah 2 and Endeavour 28 are drilling. Routine.
20 Dec 2006drilling progress report● Neutral
Third-party Beach weekly report: Psyche-5, Yanda-25 and Biala-14 (Santos operator) were cased and suspended, and Ramses-2 is running surface casing. Cabbots-1 and Dunoon-2 are not Santos-operated. Routine.
14 Dec 2006drilling progress report● Neutral
Third-party filing by Drillsearch: Tintaburra (Santos 89% operator) Endeavour 20 was cased as a future producer/injector, and Zenoni 1 recovered Murta oil on test but was cased as a water injector. Ziegfreid 1 and Endeavour 27 are drilling. Routine.
13 Dec 2006drilling progress report● Neutral
Beach's weekly report showed Yanda-22 (Santos 55% operator) cased and suspended as a Murta oil producer, Big Lake-83 running wireline logs and Psyche-5 preparing to cement production casing. Yanda-25 was drilling surface hole and Biala-14 was drilling ahead in the Murta.
7 Dec 2006drilling result● Neutral
Third-party filing by Drillsearch: Endeavour 41 in Santos's Tintaburra block had poor shows and was abandoned. Zenoni 1 has Murta oil shows and is being tested. Endeavour 20 is drilling. Routine drilling.
6 Dec 2006drilling progress report● Neutral
Third-party Beach report: Yanda-21 (Santos 55% operator) was cased as a Murta oil producer. Talia-1 was plugged and abandoned. Big Lake-83, Psyche-5 and Yanda-22 continue drilling. Routine.
5 Dec 2006drilling result▼ Bad
Third-party filing by Tap: Bricklanding-1 reached 3,131 m with only minor gas shows and is being plugged and abandoned. Confirms the dry hole in TP/7, where Santos holds 63.369% as technical operator.
5 Dec 2006drilling result▼ BadMajor
Third-party filing by Pan Pacific: Bricklanding-1 reached 3,000 m with no hydrocarbon shows or log anomalies and will be plugged and abandoned. A dry hole for Santos, which holds 63.369% as technical operator.
4 Dec 2006drilling result● Neutral
Third-party filing by Drillsearch: Endeavour 21 in Santos's Tintaburra block found about 3 m of pay and was cased. Aros 2 recovered no hydrocarbons and was abandoned. Endeavour 41 and Zenoni 1 are next. Routine drilling.
29 Nov 2006drilling progress report● Neutral
Third-party filing by Pan Pacific: Bricklanding-1 had drilled to 1,830 m of a planned 3,000 m. Santos holds 63.369% as technical operator. No result yet.
29 Nov 2006drilling progress report● Neutral
Third-party Beach weekly report: Yanda-24 (Santos 55% operator) was cased as a future Murta oil producer, and Yanda-21 and Big Lake-83 are drilling or logging. Rising Fast-1 was plugged and abandoned. Routine.
29 Nov 2006drilling progress report● Neutral
Third-party filing by Tap: Bricklanding-1 had drilled to 1,906 m, with about ten days left to reach its 3,000 m target. Santos is technical operator with 63.369%. Routine.
24 Nov 2006resource reserve update▼ Bad
Third-party filing by Cue Energy repeating Santos's Jeruk update: upside recoverable oil most likely under 50 million barrels, appraisal drilling on hold. Santos operates Sampang PSC with 40.5%.
24 Nov 2006drilling result▼ Bad
Third-party filing by Drillsearch: Bingilberry 1 and Hakheem 1 exploration wells in Santos's Tintaburra block had oil shows but tests recovered only water, and both were plugged and abandoned. Endeavour 21 is about to spud. Routine drilling.
24 Nov 2006resource reserve update▼ BadMajor
Santos says the Jeruk oil discovery's upside recoverable resource is most likely under 50 million barrels, with substantial uncertainties. Further appraisal drilling is on hold pending development review. This follows the disappointing Jeruk-3 appraisal.
22 Nov 2006drilling spud● Neutral
Third-party filing by Pan Pacific: Bricklanding-1 in TP/7 (Part 3) spudded 22 November, targeting about 3,000 m. Santos holds 63.369% as technical operator, Apache operator 20%.
22 Nov 2006drilling spud● Neutral
Third-party filing by Tap: Bricklanding-1 started drilling, expected to take about 25 days to a 3,000 m target. Santos holds 63.369% as technical operator. Repeats the Pan Pacific notice.
17 Nov 2006drilling result▲ GoodMajor
Santos's Blackbird well in Vietnam Block 12E found four oil-bearing intervals with over 70 m net pay at 4,058 m, following the Dua finds. Flow tests are being prepared. Vietnam approvals for the Premier farm-out to 37.5% are also now received.
16 Nov 2006drilling result▲ Good
Third-party filing by Drillsearch: Endeavour 15 in Santos's Tintaburra block (89% operator) found about 14 m of net oil pay and was cased as a future producer. Bingilberry 1 and Hakheem 1 exploration wells are underway. Routine drilling.
15 Nov 2006drilling progress report▲ Good
Third-party filing by Beach: Yanda-23 in PL 61 (Santos 55% operator) was cased and suspended as a Murta oil producer at 1,931 m. Other wells listed do not involve Santos as a named participant. Routine development drilling.
