Santos Limited (ASX:STO) has made record sales revenue and achieved higher gas production in the fourth quarter and in the year as a whole.
The gas miner says sales revenue for the fourth quarter was $1.1 billion with the full calendar year figure at $4 billion.
The company announced full year production was up 6 per cent to hit 54.1 million barrels of oil equivalent coming in within guidance.
CEO David Knox says notwithstanding the fall in oil prices the company has delivered record sales and revenue.
He says the company’s GLNG plant is more than 90 per cent complete and remains on time and on budget.
Santos reports a net profit of $206 million in the first half of the 2014 calendar year.
