Aug 17 (Reuters) - Santos Ltd STO.AX :
* Response to market speculation STO.AX
* Notes the steep decline in its share price on Friday 14 August 2015, and subsequent media speculation that the company is planning to launch an equity raising.
* Says Santos retains ample liquidity, with over $2 billion in cash and undrawn debt facilities currently available
* Says confirms that it has no current intention to undertake an equity raising
* Says the underlying performance of the business remains strong
* Production was up 13% in the first half and continued growth is expected over the next few years
* Says the GLNG project has made significant progress and remains on track for first LNG around the end of the third quarter
* Says all upstream facilities are fully operational