Investor Presentaiton
Barossa development
Barossa project advancing towards FID with a number of material contracts awarded and
progressing negotiations with the Darwin LNG JV for the supply of backfill gas
MODEC
Santos
+ Field development plan includes 9
subsea wells to be drilled in 2 phases,
6 in initial phase, offshore condensate
recovery and export via FPSO
+ Utilising existing DLNG infrastructure
delivers competitive upstream project
and extends DLNG asset life
+
+
Resource upside within Barossa and
late Caldita tieback (20km south of
Barossa FPSO) present opportunity to
extend development
Resource base of 799 mmboe (gross)
+ Capex to first gas estimated to be
~$4.7 billion (gross)
+ Targeting FID early 2020
Western Australia & Northern Territory Site Visit 2019
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