Horizon Oil Aktie

Horizon Oil Ltd: A Comprehensive Guide

Overview

Horizon Oil Ltd (HZN) is an oil exploration and production company headquartered in Perth, Australia.

With projects in China, New Zealand, and Australia, Horizon Oil is focused on oil and gas production and exploration.

The company is listed on the Australian Securities Exchange (ASX) and is a constituent of the S&P/ASX 200 index.

Key Statistics

• Revenue: $147.3 million AUD (FY2022)
• Net income: $21.2 million AUD (FY2022)
• Production: 11,200 barrels of oil equivalent per day (2022)
• Headquartered in Perth, Australia

Projects

Horizon Oil operates several oil and gas projects, including:

China

• Yanchang Block: Located in the Shaanxi Province, the Yanchang Block covers an area of 1,183 square kilometers.
• Haining Block: The Haining Block is located in the Bohai Bay and covers an area of 2,600 square kilometers.

New Zealand

• Tui Field: The Tui Field is located in the Taranaki Basin and is the largest producing oil field in New Zealand.
• Maari Field: The Maari Field is located in the Taranaki Basin and produces oil and gas.

Australia

• BassGas Project: The BassGas Project is located in Bass Strait and produces natural gas.
• Otway Basin Project: The Otway Basin Project is located in southern Australia and has potential for oil and gas.

Financial Performance

Horizon Oil's revenue has been steadily increasing in recent years, driven by higher oil and gas prices.

In 2022, the company reported revenue of $147.3 million AUD, up from $132.1 million AUD in 2021.

The company's net income also increased in 2022, reaching $21.2 million AUD compared to $15.7 million AUD in the previous year.

Leadership

Horizon Oil is led by a team of experienced oil and gas executives, including:

• Managing Director: Michael Sheridan
• Chief Financial Officer: James Clarke
• Head of Exploration: Dean Galea

Investment Thesis

Horizon Oil is an attractive investment opportunity for several reasons, including:

• Strong financial performance
• Experienced management team
• Diversified portfolio of projects
• Growth potential in China and New Zealand

Conclusion

Horizon Oil is a leading oil and gas company with a strong track record of financial performance.

The company's diversified portfolio of projects and experienced management team position it well for continued growth in the future.