to the area, acquiring the
surrounding exploration acreage
to ensure that we manage the
evaluation of the entire play
trend, giving Santos maximum
drilling flexibility and keeping
upfront costs down.
Jeruk is a significant discovery
and has important strategic
implications for Santos. It
confirms that our exploration
strategy is delivering and has 
the Company well positioned to
capture the upside value available
from this discovery. 
The success of our strategy in
East Java helps us balance the
risk in our exploration program
and, with the Jeruk discovery
pointing the way to other
potential targets, we can add
some attractive lower risk
prospects to our portfolio.
Jeruk stands out from the 
crowd for a number of reasons. 
At 18,700 feet, it was the
deepest well (in terms of
measured depth) drilled in
Indonesia last year: a deep, high
pressure well that few companies
would have attempted. Jeruk 
‘Santos has an impressive and exciting 
development outlook over the next 
few years.’
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