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


Founded in 1984


61 8 8116 5000


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.

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