Full Year 2018 Santos Ltd Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Benjamin Wilson - RBC Capital Markets, LLC, Research Division - Analyst : I just had a couple of questions on your reserves report and thanks for giving us resources again. Firstly, on reserves and also related to resources. Are you able to just confirm have you made a reserve booking for Mahalo? And secondly, is your resource or contingent resource booking, as I shared with the Dorado asset, consistent with what we've heard from your JV partner with regards to the oil resource there?

Question: Benjamin Wilson - RBC Capital Markets, LLC, Research Division - Analyst : So you can't confirm of that 2C resource that you've got in WA there, what relates to the Dorado asset?

Question: Benjamin Wilson - RBC Capital Markets, LLC, Research Division - Analyst : Okay. And second question just on -- unrelated to Dorado, Anthony, you mentioned before your high equity interest in that. Are you able to give a sense of what the decision gates are around when you -- when an issue may look to farm down an interest in that asset?

Question: Benjamin Wilson - RBC Capital Markets, LLC, Research Division - Analyst : Okay, great. And just one last quick one on, a bit of blue sky as well, this Dukas Prospect up in the territory there, I've heard a bit about it. It looks like a pretty big pre-salt play. Are you able to give a broad probably a success on that one?

Question: Joseph Wong - UBS Investment Bank, Research Division - Analyst : I thought I might just ask in terms of if you can comment on the performance for Fairview. So in the last quarter, we saw production, I guess, increase, which is a kind of positive sign. Can you provide any more guidance in terms of where you see the steady-state for Fairview will be? without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. FEBRUARY 21, 2019 / 12:00AM, STO.AX - Full Year 2018 Santos Ltd Earnings Call

Question: Joseph Wong - UBS Investment Bank, Research Division - Analyst : Okay. And if I just move towards, I guess, Barossa. It just [business] in terms of wording but I've noticed that there's a slight slippage for FID, I guess, now moving towards an early 2020 to like '19. Just wondering if there's any commentary we can have on that?