Media ReleasesHorizon Oil Limited

View All Horizon Oil Limited News


Horizon Oil Ltd, Report on Fourth Quarter Activities - 30 June 2014

-Proposed merger with Roc Oil announced on 29 April 2014; scheme booklet issued on 3 July 2014
- Stanley development licence granted on 30 May 2014
- Completion of transaction with Osaka Gas; receipt of US$78 million comprising first
milestone payment (US$74 million) of US$204 million aggregate consideration and remaining completion adjustments of US$4 million
- Block 22/12, offshore China: 5 million barrels cumulative oil production milestone achieved
- Maari growth projects program proceeding well
- Whio well, offshore New Zealand, spudded
- Production for quarter 350,845 bbls; annual production 1.43 mmbo
- Production revenue for quarter $32.4 million (sales of 305,452 bbls); annual
revenue US$144.33 million
Download this document

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?