Santos Limited announced sales and production results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company reported total sales volume of 20.9 mmboe against 21.8 mmboe a year ago. Total sales revenue was $1,043 million against $861 million a year ago.

For the year, the company reported total sales volume of 79.2 mmboe against 83.4 mmboe a year ago. Total sales revenue was $3,696 million against $3,107 million a year ago.

For the quarter, the company reported total production of 15.9 mmboe against 15.0 mmboe a year ago.

For the year, the company reported total production of 58.9 mmboe against 59.5 mmboe a year ago.

For the year 2018, the company revised guidance for sales volume to be 77.2 mmboe compared to previous guidance range of 74 mmboe - 76 mmboe and production to be 57.1 mmboe compared to previous guidance range of 56 mmboe - 58 mmboe.

For the year 2019, the company expects sales volumes to be in the range of 88 mmboe - 98 mmboe and production to be in the range of 71 mmboe - 78 mmboe.