Horizon Oil Ltd. is an oil and petroleum exploration, development and production company. The company is headquartered in Sydney, New South Wales. The principal activities of the Company is petroleum production, development, and exploration. The company operates in three segments. Under China development segment, it is involved in developing and producing crude oil from the Block 22/12 - WZ6-12, WZ12-8W and WZ12-8E oil field developments and in the exploration and evaluation of hydrocarbons within Block 22/12. Under New Zealand development segment, it is involved in developing and producing crude oil from the Maari/Manaia oil field development. Under Australia development segment, it is involved in developing and producing oil and gas from the Mereenie OL4 and OL5 oil and gas fields. The Block 22/12 oil development comprises nine hydrocarbon pools across three different Production Licenses. The company lies 35 kilometers (kms) southwest of Weizhou Island, China, in 30m water depth. The Maari oil field is a producing oil field. The company lies 80 km off the south Taranaki coast in 100 m water depth.
Follow-Up Questions
What is Horizon Oil Ltd (HZNFF)'s P/E Ratio?
The P/E ratio of Horizon Oil Ltd is N/A
What is the price performance of HZNFF stock?
The current price of HZNFF is 0.12, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Horizon Oil Ltd?
Horizon Oil Ltd belongs to Energy industry and the sector is Energy
What is Horizon Oil Ltd market cap?
Horizon Oil Ltd's current market cap is $195.3
Is Horizon Oil Ltd a buy, sell, or hold?
According to wall street analysts, 0 analysts have made analyst ratings for Horizon Oil Ltd, including 2 strong buy, 2 buy, 1 hold, 0 sell, and 2 strong sell
