Santos highlights Indonesian Q3 production

The following is an excerpt from Santos Limited's third quarter 2009 report released on Thursday.

PRODUCTION
Sales gas production of 6.6 PJ (6,624 MMCF) was 5% higher than Q3 2008 due to higher Maleo gas offtakes.

Indonesian crude oil production of 0.12 mmbbl was 8% lower when compared to Q2 2009 due to natural field decline at Oyong and the sale of Kakap.

Oyong Project (Santos 45%, operator)
Gas production commenced from the Oyong Phase-2 project located off Madura Island, East Java, Indonesia on 2 October 2009. Oyong Phase-2 was sanctioned in December 2007 and involves modifications to the offshore facilities and construction of a 60-kilometre pipeline to a new onshore gas processing facility located in East Java. The gas is sold to PT Indonesia Power Grati for use in the Grati power station. After an initial ramp-up period, gross gas production rates are expected to be about 60 mmscfd during the plateau period. (end of excerpt)