August 21, 2014 1:40 PM ET

Diversified Financial Services

Company Overview of Santos Finance Ltd.

Company Overview

Santos Finance Ltd. provides financial services in Australia. It engages in raising debt, funding the investment programs, and managing cash. The company was incorporated in 1984 and is based in Adelaide, Australia. Santos Finance Ltd. is a subsidiary of Santos Limited.

60 Flinders Street

Ground Floor

Santos Centre

Adelaide, SA 5000

Australia

Founded in 1984

Phone:

61 8 8116 5000

Fax:

61 8 8116 5050

Key Executives for Santos Finance Ltd.

Santos Finance Ltd. does not have any Key Executives recorded.

Santos Finance Ltd. Key Developments

Santos Finance Ltd. Announces Production Results for the Second Quarter of 2014; Announces Revenue Results for the Second Quarter and First Half of 2014

Santos Finance Ltd. announced production and sales results for the second quarter of 2014. The company reported higher second quarter production and a significant jump in sales revenue following the successful start-up of the PNG LNG project, which commenced production in April of this year ahead of schedule. The quarter's production of 12.8 mmboe was an increase of 5% compared to the previous quarter and an increase of 3% compared to the second quarter of 2013. Sales revenue for the quarter was $974 million increased by 22% compared to 2013. Sales revenue for the first-half was $1,887 increased by 25% compared to 2013.

Santos Finance Ltd. Commences Oil Production from the Dua Oil Project

Santos Finance Ltd. announced that oil production has commenced from the Dua oil project, offshore Vietnam. Sanctioned in August 2012, Dua is a three-well subsea tie-back to the existing Chim Sáo facilities located in Block 12W in the Nam Con Son Basin. The gross production rate from the Dua wells is estimated to average 8,000 barrels per day for the first 12 months of production. Sufficient oil and gas handling capacity is available on the Chim Sáo FPSO to accommodate both Chim Sáo and Dua at full production. Santos has a 31.875% interest in the Dua project, with partners Premier Oil (operator) and PetroVietnam holding the remainder.

Santos Finance Ltd. Commences Natural Gas Production from Peluang Gas Project

Santos announced that natural gas production has commenced ahead of schedule and on budget from the Peluang gas project offshore East Java in Indonesia. Sanctioned in February 2013, Peluang is a tie-back to the existing facilities at the Maleo gas field and is located in the Madura Offshore Production Sharing Contract (PSC). The project is expected to have gross peak production of 25 million standard cubic feet per day. Peluang first production represented the delivery of another project into the company's expanding Asian portfolio.

Similar Private Companies By Industry

Company Name Region
Mpower Franchising Pty Ltd. Asia
Wagga Mutual Credit Union Limited Asia
QPH Finance Co Pty Limited Asia
Pulse Credit Union Ltd Asia
Challenger Treasury Ltd. Asia

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Santos Finance Ltd., please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.