1、Annual Report 2015Santos Limited ABN 80 007 550 923Organisation chartBOARD COMMITTEESAudit and RiskEnvironment,Health,Safety and SustainabilityNominationPeople and RemunerationCORPORATE CENTREAllocate capital and provide governance and policyHuman Resources,Health,Aboriginal AffairsFinance,Strategy,
2、Legal,Investor Relations,Treasury,Risk and Audit,Information Technology and Procurement Government and Public AffairsCorporate SecretariatBOARD OF DIRECTORSMANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICERSANTOS LEADERSHIP TEAMComprises the Managing Director and his reportsDrive business strategy and op
3、erationsBUSINESS UNITSBusiness execution and delivery Asia PacificEastern AustraliaGLNGWestern Australia and Northern TerritoryTECHNICAL DISCIPLINESProvide excellence,service and assuranceExploration and SubsurfaceDrilling and Completions and Engineering Safety and EnvironmentCONTENTS 1 Message from
4、 the Chairman 4 Introducing Kevin Gallagher,Santos Managing Director and Chief Executive Officer 6 Board of Directors 8 Santos Leadership Team 10 Production and Sales 11 Reserves Statement 16 10-year Summary 18 Directors Report 34 Remuneration in brief 36 Remuneration Report 55 Financial Report 121
5、Independent Auditors Report 122 Auditors Independence Declaration 123 Information for Shareholders 124 Securities Exchange and Shareholder Information 126 Index 127 Glossary 128 Corporate DirectoryThis 2015 Annual Report is a summary of Santos operations,activities and financial position as at 31 De
6、cember 2015.All references to dollars,cents or$in this document are to Australian currency,unless otherwise stated.An electronic version of this report is available on Santos website,Santos Corporate Governance Statement can be viewed at: Annual Report 2015/1Dear Shareholder,The sustained low oil pr