text: **23. Interests in Joint Ventures**
  
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              [html]<thead><tr><tdcolspan="3">23. Interests in 3oint Ventures</td></tr><tr><td>( a ) Santos Ltd and Its controlled entitles have combined interests in urincorporated joint ventures in the following major areas :</td><td>Joint venture / area</td><td>Principal activities</td></tr></thead><tbody><tr><td>Average interest %</td><td></td><td></td></tr><tr><td>Amadeus Basin</td><td>Mereenie</td><td>Oil. and gas production</td></tr><tr><td>65</td><td>Mereenie Pipeline</td><td>Oil. transportation</td></tr><tr><td>65</td><td>Palm Valley</td><td>Gas production</td></tr><tr><td>48</td><td>Browse Basin</td><td>Oil. and gas exploration</td></tr><tr><td>74</td><td>Carnarvon Basin</td><td>Oil and gas exploration and production</td></tr><tr><td>32</td><td>Cooper Basin Downstream</td><td>Liquid hydrocarbon transportation and processing</td></tr><tr><td>65</td><td></td><td></td></tr><tr><td>Cooper Basin Unit</td><td>South Australia</td><td>Oil. and gas production</td></tr><tr><td>65</td><td>Queensland</td><td>Oil. and gas production</td></tr><tr><td>60</td><td></td><td></td></tr><tr><td>Cooper / Eromanga Basins</td><td>South Australia</td><td>Oil and gas exploration and production</td></tr><tr><td>65</td><td>Queensland, ATP 259P</td><td>Oil and gas exploration and production</td></tr><tr><td>60</td><td>Other Eromanga</td><td>Oil and gas exploration and production</td></tr><tr><td>74</td><td>Jackson Moonie Pipeline</td><td>Oil. transportation</td></tr><tr><td>83</td><td></td><td></td></tr><tr><td>Eastern Queensland</td><td>Bowen Basin</td><td>Gas exploration and production</td></tr><tr><td>50</td><td>Surat Basin</td><td>Oil and gas exploration and production</td></tr><tr><td>48</td><td></td><td></td></tr><tr><td>Egypt</td><td>Gulf of Suez</td><td>Oil. and gas exploration</td></tr><tr><td>50</td><td>Gippsland Basin</td><td>Oil. and gas exploration and production</td></tr><tr><td>35</td><td></td><td></td></tr><tr><td>Indonesia</td><td>East Java Basin</td><td>Oil and gas exploration and production</td></tr><tr><td>42</td><td>Kutei Basin</td><td>Oil. and gas exploration</td></tr><tr><td>35</td><td>West Natuna Basin</td><td>Oil and gas exploration and production</td></tr><tr><td>6</td><td>West Papua</td><td>Oil. and gas exploration</td></tr><tr><td>20</td><td></td><td></td></tr><tr><td>Offshore Northern Australia</td><td>Bonaparte Basin</td><td>Oil. and gas exploration</td></tr><tr><td>95</td><td>Houtman Basin</td><td>Oil. and gas exploration</td></tr><tr><td>42</td><td>Timor Gap</td><td>Oil and gas exploration and production</td></tr><tr><td>17</td><td>Timor Sea</td><td>Oil and gas exploration and production</td></tr><tr><td>22</td><td>Otway Basin</td><td>Oil and gas exploration and production</td></tr><tr><td>36</td><td></td><td></td></tr><tr><td>Papua New Guinea</td><td>PDL1 ( Part Hides Field )</td><td>Oil. and gas exploration</td></tr><tr><td>31</td><td>Other interests</td><td>Oil and gas exploration and production</td></tr><tr><td>31</td><td>Sorell. Basin</td><td>Oil. and gas exploration</td></tr><tr><td>58</td><td></td><td></td></tr><tr><td>USA</td><td>Gulf Coast</td><td>Oil. and gas exploration and production</td></tr><tr><td>39</td><td>Rocky Mountains</td><td>Oil. and gas exploration and production</td></tr></tbody>
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