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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