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Santos Provides 2019 First Quarter Activities Report

17 Apr 2019  |  09:33:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: 2019 First Quarter Activities Report

Santos provided quarterly activities report for the quarter ended 31 March 2019. It reported that the first quarter production of 18.4mmboe was a record for the Company and 33% higher than the corresponding quarter, primarily due to sustained strong asset performance and the acquisition of Quadrant Energy. The Sales volumes is of 22.8mmboe were 21% higher than the corresponding quarter. The Company generated a record $327m in free cash flow in the quarter. 26 wells drilled in the Cooper Basin and 87 in GLNG.

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