Original article by Perry Williams
The Australian – Page: 15 : 20-Jan-23

Oil and gas producer Santos has advised that its total output for calendar 2022 was 103.2 million barrels of oil equivalent. This was at the lower end of its full-year guidance, but 12 per cent higher than the previous year. Production fell by two per cent quarter-on-quarter in the final three months of 2022 after a gas leak forced the temporary closure of the John Brookes platform in November; it is not expected to resume production before the end of January, which has prompted Santos to slightly downgrade its production guidance for 2023. Meanwhile, Santos’s revenue rose by 65 per cent to a record $US7.8bn ($11.2bn) in 2022.

CORPORATES
SANTOS LIMITED – ASX STO