OPERATIONS

Horizon on track

HORIZON Oil’s cash generation strategy is on track, and should be improved further in the short term with an increase in its ownership of its fields in New Zealand and some promising early results from its Western LNG project in Papua New Guinea, which bode well for the future.

Horizon on track

The junior generated US$56.1 million from revenue of $73.4 million for 2017, smack in the middle of guidance, and its December sales and production were both up while operating expenditure was steady....

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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