Santos Ltd Lowers FY 2013 production guidance; issues FY 2014 production guidance

Tuesday, 3 Dec 2013 05:09pm EST 

Santos Ltd:Expects its FY 2013 production would come in slightly below its earlier forecast.But added its LNG projects were on track to start producing in the next two years.Santos said its 2013 production was now expected to be about 51 mln barrels of oil equivalent (mmboe), rising to 52-57 mmboe in 2014 as the massive PNG LNG project with Exxon Mobil in Papua New Guinea comes onstream in the second half. 

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