Business: Santos is a major Australian energy company with assets of over $5 billion and annual production of 55.7 million barrels of oil equivalent. The Company's business is oil and gas exploration and production with interests in every major Australian petroleum province. Santos is the largest producer of gas for the Australian market supplying gas to all mainland Australian States and Territories and also sells oil and liquids to a number of domestic and international customers. The core of Santos' business is a majority working interest in the Cooper/Eromanga Basins oil and gas fields located in central Australia. Santos produces gas, ethane, oil and gas liquids from the Basins and is the Operator of production and exploration operations.