Santos Ltd (OTCPK:STOSF) Q4 2019 Earnings Conference Call February 19, 2020 7:00 PM ET
Company Participants
Kevin Gallagher - MD, CEO & Director
Anthony Neilson - CFO
Conference Call Participants
James Byrne - Citigroup
Joseph Wong - UBS Investment Bank
Mark Samter - MST Marquee
Benjamin Wilson - RBC Capital Markets
Saul Kavonic - Crédit Suisse
Daniel Butcher - CLSA
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Santos Limited 2019 Full Year Results. [Operator Instructions]. At this time, I'd like to hand the conference over to Mr. Kevin Gallagher, Managing Director and CEO. Please go ahead, sir.
Kevin Gallagher
Thank you, and good morning, everyone. Thank you for joining us for the Santos 2019 Full Year Results Presentation. With me today is our Chief Financial Officer, Anthony Neilson. I'm pleased to announce that Santos has delivered another strong set of financial results. These results demonstrate the strength of our disciplined cash-generative operating model and the successful integration of the Quadrant acquisition into our business. We have also continued to drive unit cost down and deliver efficiency gains despite cost pressures seen across our industry. The year was also highlighted by our announcement in October of the acquisition of ConocoPhillips' business in Northern Australia and Timor Leste. The acquisition brings operating interest in long-life, low-cost natural gas assets and strategic LNG infrastructure. It is fully aligned with our growth strategy to build on existing positions around our core assets just as we did with Quadrant. I am pleased to say we're on track to complete the Conoco acquisition around the end of the first quarter.
Before we start, I draw your attention to the usual disclaimer on Slide 2. Let me start by -- I'll start with some opening remarks about our performance before handing over to Anthony to
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