Santos Says Fire at Moomba Gas Plant Under Control

On Thursday, January 1, 2004, a gas leak and fire occurred in the Liquids Recovery Plant section of the Moomba Gas Plant in central Australia. No casualties or injuries resulted.

Santos emergency services personnel extinguished the main fire on Thursday.

The plant has been shut down in response to the incident with no gas supplies being delivered into pipeline networks.

Senior Santos management has flown to Moomba and is investigating the cause of the incident and assessing the extent of the damage.

Further assessments were made on the evening of January 1st and the morning of January 2nd as to the extent of damage to the Liquids Recovery Plant section of the Moomba Gas facility.

Santos personnel were able to commence more detailed visual checks of the fire damage.

Santos said the plant remained shut down with no gas supplies being delivered into pipeline networks to Adelaide and Sydney. Limited oil production is continuing.

The Company was continuing to investigate the cause of the incident, assess the extent of damage and review the likely timing of supply resumption.

Santos is working with Government authorities in the investigation. Customers and authorities have been informed.

However, Santos expects limited supplies of gas to be delivered January 2nd from Moomba into the gas pipeline grid.

The gas to be supplied has been previously processed through the Moomba plant and stored in underground reservoirs during periods of low demand.

Total volumes are expected to build to approximately 100 terajoules per day (TJ/d). This is up to 30 percent of the Moomba plant's current summer demand. The interests of the South Australian Cooper Basin Producers are Santos as operator with 59.75%; Delhi (ExxonMobil) with 20.215; origin Energy with 13.19%; Novus Australia Resources with 4.75% and Basin Oil (OMV) with 2.10%.