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Santos Ltd (SSLTY.PK)

SSLTY.PK on OTC Markets Group

2.56USD
26 May 2017
Change (% chg)

$0.02 (+0.78%)
Prev Close
$2.54
Open
$2.56
Day's High
$2.56
Day's Low
$2.55
Volume
10,974
Avg. Vol
20,625
52-wk High
$3.79
52-wk Low
$2.45

Latest Key Developments (Source: Significant Developments)

Santos updates on purchase of shares by Hony Capital
Wednesday, 3 May 2017 07:06pm EDT 

May 4 (Reuters) - Santos Ltd :Notes purchase of 48 million shares representing 2.3% of company's issued capital at a price of $3.84 by hony capital after market close on 3 may.Acquisition price represents a 6% premium to yesterday's closing price of $3.63.Santos understands purchase will increase hony, enn and affiliates' interest in company to 15.1%.  Full Article

Central Petroleum says Santos increases interest in EP(A)111 and EP(A)124
Tuesday, 2 May 2017 03:19am EDT 

May 2 (Reuters) - Central Petroleum Ltd :Santos increases its interest in EP(A)111 and EP(A)124-ctp.ax.Santos Qnt Pty has exercised its option to acquire a 50% participating interest in EP(A)111 and EP(A)124.Central will retain a 50% participating interest in the EP(A)s.  Full Article

Santos responds to Australian domestic gas security mechanism
Wednesday, 26 Apr 2017 08:32pm EDT 

April 27 (Reuters) - Santos Ltd :Response to the Australian domestic gas security mechanism-sto.ax.Note commonwealth government announcement regarding introduction of a new Australian domestic gas security mechanism.Santos will supply more gas into Australian domestic market than it purchases for its share of LNG exports..Santos will seek clarification of how new policy will work in practice.  Full Article

Santos says qtrly production 14.8 mmboe vs 15.6 mmboe a year ago
Wednesday, 19 Apr 2017 07:29pm EDT 

April 20 (Reuters) - Santos Ltd -:Qtrly sales revenue $684 million versus $753 million prior quarter .Q1 sales 18.6 mmboe versus 21.3 mmboe last year.2017 forecast free cash flow breakeven reduced to us$34/bbl, down from us$36.50/bbl in 2016.Qtrly production 14.8 mmboe versus 15.6 mmboe a year ago.All guidance for 2017 is maintained.Net debt reduced to us$3.1 billion as at 31 March 2017, down from us$3.5 billion at start of year.Extended term of us$860 million of bilateral bank loan facilities to 2022 on favourable terms.  Full Article

Comet Ridge says Mahalo Joint Venture approved Mahalo 2017 joint venture exploration work program
Wednesday, 12 Apr 2017 09:26pm EDT 

Comet Ridge Ltd :Mahalo Joint Venture has unanimously approved amended Mahalo 2017 joint venture exploration work program.  Full Article

Santos repays US$250 mln of 2019 ECA loan facility
Monday, 10 Apr 2017 09:48pm EDT 

Santos Ltd : Says repays US$250 million of 2019 ECA loan facility and extends bilateral bank facilities . Santos has also extended term of US$810 million of bilateral bank loan facilities .Announces early repayment of US$250 million of its US$1.2 billion export credit agency (eca) supported uncovered syndicated facility, scheduled to mature in 2019.  Full Article

Santos Ltd issues guidance
Thursday, 16 Feb 2017 07:37pm EST 

Santos Ltd : "Production and sales volume guidance remains unchanged at 55-60 Mmboe and 73-80 Mmboe respectively" .2017 guidance for capital expenditure (excluding capitalised interest) US$700-750 million.  Full Article

Santos says FY revenue from ordinary activities up 6 pct
Thursday, 16 Feb 2017 05:09pm EST 

Santos Ltd : fy revenue from ordinary activities up 6% to $2.627 billion .fy net loss for period attributable to members $1.05 billion.  Full Article

Santos Ltd issues guidance
Thursday, 16 Feb 2017 05:07pm EST 

Santos Ltd : "Production and sales volume guidance remains unchanged at 55-60 Mmboe and 73-80 Mmboe respectively" .2017 guidance for capital expenditure (excluding capitalised interest) US$700-750 million.  Full Article

Santos announces 2016 fourth quarter activities report
Thursday, 19 Jan 2017 05:25pm EST 

Santos Ltd : 2016 fourth quarter activities report . Q4 sales 21.9 mmboe versus 17.2 mmboe last year . Q4 production 15.0 mmboe versus 14.9 mmboe last year . 2016 sales volumes of 84.1 mmboe were above upper end of guidance (81-83 mmboe) . Annual capital expenditure US$625 million, down 51% and below guidance . FY production of 61.6 mmboe was towards top end of guidance (60-62 mmboe) . Qtrly sales revenue US$753 million versus US$596 million last year . FY upstream production costs of US$8.50/boe and capital expenditure of US$625 million were both below guidance .Santos expects 2017 sales volumes to be in range of 73-80 mmboe and production to be in range of 55-60 mmboe.  Full Article

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Australia plans LNG export limits to help ease local price pain

MELBOURNE Australia's conservative government unveiled a radical plan on Thursday to restrict exports of liquefied natural gas (LNG) at times when domestic shortages push up local prices, aiming to ease soaring energy costs for local manufacturers.