Oct 21 (Reuters) - Santos Ltd (STO) :
- AT CURRENT COMMODITY PRICES, SANTOS SHOULD GENERATE CLOSE TO US$1.3 BILLION IN FREE CASH FLOW FOR FULL YEAR.
- MAKING "GOOD PROGRESS" ON BAROSSA PROJECT
- SEES FY PRODUCTION 88-91 MMBOE
- COMMENCED PROCESS TO REGISTER MOOMBA CCS PROJECT WITH CLEAN ENERGY REGULATOR
- QTRLY PRODUCTION 21.9 MMBOE VERSUS 25.1 MMBOE AS REPORTED A YEAR AGO
- QTRLY SALES REVENUE $1.14 BILLION, UP 6%
- QTRLY SALES VOLUME 24.4 MMBOE VERSUS 29.1 MMBOE AS REPORTED A YEAR AGO
- SEES FY21 CAPITAL EXPENDITURE - BASE $800-900 MILLION
- PROPOSED MERGER WITH OIL SEARCH IS ON TRACK FOR COMPLETION BY YEAR-END
- SEES FY21 MAJOR GROWTH CAPITAL EXPENDITURE TO BE IN RANGE OF $500-600 MILLION
- SEES FY21 UPSTREAM PRODUCTION COSTS $7.70-8.00/BOE
