Santos updates 2004 Indonesian exploration program

Thursday, June 24 2004 - 07:12 AM WIB

The following is an excerpt from Santos Limited?s Investor Update released on June 24, 2004:

2004 Exploration Program
No.WellBasinInterestTargetPre-drill Gross Resource Upside (mmboe)Quarter
1.PohonPopodi PSC (E. Kalimantan)20%Oil/Gas220Third
2.AgungNorth Bali I PSC (E. Java)100%Oil551Third
3.PapalangPapalang PSC (E. Kalimantan)20%Oil529Fourth
4.RaksasaPapalang PSC (E. Kalimantan)20%Oil359Fourth


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