Santos Signs Enterprise Access Agreement with Paradigm

Paradigm seismic interpretation and reservoir characterization suites to be
deployed in all Santos operations.

GEORGE TOWN, Cayman Islands, Oct. 8 /PRNewswire/ -- Paradigm(TM)
(www.pdgm.com), a leading provider of enterprise software solutions to the
global oil and natural gas exploration and production (E&P) industry,
announced the signing of a multi-year enterprise contract with Australia-based
Santos Limited. The contract will provide Santos essentially unlimited access
to the full scope of Paradigm seismic interpretation and reservoir
characterization products.

"After a detailed technical evaluation, we selected Paradigm technology for
the functionality of their interpretation and characterization applications,"
said Trevor Brown, Santos Vice President Exploration. "At Santos, we place a
strong emphasis on integrated workflows and data management, backed up by
functionally rich applications."

The Paradigm seismic interpretation solution provides geoscientists multi-2D
and -3D tools for creating seamless interpretation and analyzing seismic data.
This improves interpretation time and greatly assists geoscientists in
identifying potential exploration prospects and drilling targets. Paradigm
reservoir characterization applications enable the integration of the
interpreted model with reservoir properties obtained from well logs and core
data so that engineers are better able to determine potential reserves and
fluid flow behavior.

"Santos truly has technology at its core and believes in using cutting-edge
science to generate real value" said David Betty, Paradigm executive vice
president for Asia Pacific. "At Paradigm we share this vision and look forward
to helping Santos meet its evolving business needs throughout the coming
years."

For more information on Paradigm products and services, visit www.pdgm.com, or
e-mail info@pdgm.com.

About Paradigm(TM)
Paradigm Ltd. (www.pdgm.com) is an industry leader in digital subsurface asset
management, serving oil and gas companies worldwide. Paradigm technology
solutions for seismic processing and imaging, interpretation and modeling,
reservoir characterization and petrophysics, and well planning and drilling
operate in an open environment to accelerate results. Paradigm has a global
network of sales, consulting and support.

The following are trademarks or registered trademarks of Paradigm Ltd. or of
its affiliates (collectively, "Paradigm"): Paradigm(TM), Paradigm logo and/or
other Paradigm products referenced herein. All other trademarks are owned by
their respective owners. Please read the Paradigm notice on forward-looking
statement.

About Santos
Santos is an Australian oil and gas exploration and production company with
high quality assets and projects throughout Australia and the Asia-Pacific
region. The company supplies over 20% of eastern Australia's domestic gas and
produced 54.4 million barrels of oil equivalent in 2008. Santos has more than
1,700 Australian-based employees working across its operations, and offices in
Adelaide, Brisbane, Perth, Gladstone and Roma. The company also has 170 staff
in Jakarta, and country offices in Port Moresby, Hanoi, New Delhi and Bishkek.

Paradigm Media Contact
Samhita Shah
Tel: +1 713.393.4109
samhita.shah@pdgm.com

SOURCE Paradigm

Samhita Shah of Paradigm, +1-713-393-4109, samhita.shah@pdgm.com