Santos schedules 2004 Indonesian exploration program

Tuesday, February 24 2004 - 04:54 AM WIB

The following is an excerpt from Santos Limited?s 2003 Full Year Profit Announcement released on February 24, 2004:

2004 Exploration Program
No.WellBasinInterestTargetPre-drill Gross Resource Upside (mmboe)Quarter
1.PohonPopodi PSC (E. Kalimantan)20%Oil219First
2.AgungNorth Bali I PSC (E. Java)100%Oil551Second
3.Nuri (SMK9)Madura PSC (E. Java)75%Gas/Oil315Third
4.PapalangPapalang PSC (E. Kalimantan)20%Oil529Fourth
5.RaksasaPapalang PSC (E. Kalimantan)20%Oil359Fourth


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