NOTES TO THE FINANCIAL STA TEMENTS for the year ended 31 December 2004 22. Investments in Controlled Entities 1 Beneficial interests in all controlled entities is 100% except for Kipper GS Pty Ltd in which two shares of the total issued capital of 9,246,353 shares are owned by a third party. 2 Company acquired during the year. 3 Company incorporated during the year. Name Place of Name Place of incorporation incorporation Santos Ltd (Parent Entity) SA Controlled entities 1 : Alliance Petroleum Australia Pty Ltd VIC Boston L.H.F. Pty Ltd VIC Bridgefield Pty Ltd QLD Bridge Oil Developments Pty Limited NSW Canso Resources Pty Ltd NSW Coveyork Pty Ltd NSW Doce Pty Ltd QLD Farmout Drillers Pty Ltd NSW Kipper GS Pty Ltd WA Controlled entity of Kipper GS Pty Ltd Crusader (Victoria) Pty Ltd VIC Moonie Pipeline Company Pty Ltd QLD Novus Australia Resources NL 2 VIC Reef Oil Pty Ltd NSW Santos Asia Pacific Pty Ltd QLD Controlled entities of Santos Asia Pacific Pty Ltd Santos (Sampang) Pty Ltd SA Santos (Warim) Pty Ltd SA Santos Australian Hydrocarbons Pty Ltd QLD Santos (BOL) Pty Ltd NSW Controlled entity of Santos (BOL) Pty Ltd Bridge Oil Exploration Pty Limited ACT Santos Darwin LNG Pty Ltd ACT Santos Direct Pty Ltd 3 SA Santos Facilities Pty Ltd SA Santos Finance Ltd NSW Santos Globe Pty Ltd  (formerly Globex Far East Pty Ltd) WA Santos International Holdings Pty Ltd ACT Controlled entities of Santos International Holdings Pty Ltd Barracuda Limited PNG Lavana Limited PNG Novus UK (Kakap 2) Limited 2 UK Peko Offshore Ltd BER Sanro Insurance Pte Ltd SING Santos Americas and Europe Corporation USA Controlled entity of Santos Americas and Europe Corporation Santos USA Corp USA Santos (Bawean) Pty Ltd SA Santos Brantas Pty Ltd 3 VIC Santos (Donggala) Pty Ltd 3 VIC Santos Egypt Pty Ltd 3 VIC Santos Hides Ltd PNG Santos International Operations Pty Ltd QLD Santos (Madura Offshore) Pty Ltd WA Santos Niugini Exploration Limited PNG Santos (Nth Bali 1) Pty Ltd SA Santos (Papalang) Pty Ltd SA Santos (Popodi) Pty Ltd SA Santos (JPDA 91-01) Pty Ltd ACT Santos (JPDA 91-12) Pty Ltd ACT Santos (NGA) Pty Ltd VIC Santos (N.T.) Pty Ltd ACT Controlled entity of Santos (N.T.) Pty Ltd Bonaparte Gas & Oil Pty Limited NSW Santos Offshore Pty Ltd VIC Santos Oil Exploration (Malaysia) Sdn Bhd (in liquidation) MAL Santos Petroleum Pty Ltd NSW Santos QNT Pty Ltd QLD Controlled entities of Santos QNT Pty Ltd Santos QNT (No. 1) Pty Ltd QLD Controlled entities of Santos QNT (No. 1) Pty Ltd Santos Petroleum Management Pty Ltd QLD Santos Petroleum Operations Pty Ltd QLD TMOC Exploration Proprietary Limited QLD Santos QNT (No. 2) Pty Ltd QLD Controlled entities of Santos QNT (No. 2) Pty Ltd Associated Petroleum Pty Ltd QLD Moonie Oil Pty Ltd QLD Petromin Pty Ltd QLD Santos (299) Pty Ltd QLD Santos Exploration Pty Ltd VIC Santos Gnuco Pty Ltd QLD Transoil Pty Ltd QLD Santos Resources Pty Ltd QLD Santos Timor Sea Pipeline Pty Ltd NSW Sesap Pty Ltd 2 VIC Vamgas Pty Ltd VIC Annual Report 2004 70