BRIEF-Santos says Q4 production 13.1 mmBOE, down 1 pct

Thu, 23 Jan - 9:23am

Jan 23 (Reuters) - Santos Ltd STO.AX :

* Santos 2013 fourth quarter activities report STO.AX

* Q4 production of 13.1 mmBOE versus 13.2 mmBOE a year ago

* Q4 sales revenue of $1,065 million versus $876 million a year ago

* Says average gas price of $5.53/GJ for the December quarter was 10% higher than the corresponding quarter

* In the second half of 2014 PNG LNG, is on track to commence LNG shipments to Asia

* Says expects 2014 production to be in the range of 52-57 mmBOE and estimated capital expenditure of $3.5 billion

* GLNG project remains on track for first LNG in 2015

* Source text for Eikon News Search ID:nASXbFR247

* ((For more news, please click here STO.AX ))

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URN: 
urn:newsml:reuters.com:20140122:nWNBS00AGH:10
Topics: 
CRU LPG1 CMPNY ENR BLR RTRS RESF ENEQ ENER NGL OILI OILG RES AU LNG OILQ NGS COM PROD ASIA LEN PETC BACT NRG EXPL

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