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Horizon Oil Limited, Oil Council Asia-Pacific Assembly 27-29 January 2015, Singapore

Strategic priorities
 
-  Focus on growing Horizon Oil to be an E&P leader in Asia-Pacific upstream space
 
-  Optimise oil and gas production from our existing producing fields
 
-  Develop discovered resources within our existing asset portfolio, taking advantage of anticipated capital cost deflation resulting from low oil prices
 
-  Evaluate the company’s exploration portfolio in and around our development assets
 
-  Undertake disciplined evaluations of new opportunities and continual review of our portfolio to ensure focus, balance and growth
 
-  Manage capital expenditure budget conservatively, especially in low oil price environment
 
-  Maintain a prudent financial outlook, minimise risk where possible and optimise our capital structure to emerge strongly from currently depressed E&P market
 
 
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