Santos Ltd COVID-19 Business Update Presentation Transcript
Hello and thank you for joining me.
Given the significant health and economic challenges that the world is facing today, I'd like to give this opportunity to provide you with an update on how we at Santos are responding to the COVID-19 pandemic and the oil price crash, and why, despite all of these challenges, I'm optimistic about the future for Santos.
Back in 2016, when we rolled out our new strategy at that time, central to that strategy was the implementation of a low-cost disciplined operating model. And since then, we have demonstrated year-on-year how we've been able to reduce costs across our operations and set Santos up for just this type of event so that we can run a sustainable free cash flow-positive business through the cycle year-after-year.
So in response to the
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