Horizon Oil Limited (HOJ)

Overview

Horizon Oil Limited, established in 1969 and headquartered in Sydney, Australia, operates within the oil and gas sector, focusing on exploration, development, and production activities. The company has expanded its operations beyond its native borders to engage in significant projects located in China and New Zealand. By managing interests in key oil fields such as the Block 22/12 in Beibu Gulf, China, and the PMP 38160 Maari/Manaia fields in New Zealand, Horizon Oil Limited has solidified its presence in the international oil and gas industry. With a commitment to exploring and evaluating hydrocarbon resources, the company continues to pursue opportunities to expand its portfolio and enhance its contributions to the global energy market.

Products and Services

Exploration and Development:

Horizon Oil Limited is involved in the exploration and development of oil and gas properties, identifying potential hydrocarbon deposits and deploying innovative technologies to evaluate their commercial viability. This includes geological surveys, drilling activities, and the application of advanced exploration techniques.

Oil and Gas Production:

The company is engaged in the production of oil and natural gas, particularly focusing on its interests in the Block 22/12 oil field in Beibu Gulf, China, and the PMP 38160 Maari/Manaia oil fields in New Zealand. Through efficient field management and the application of modern extraction technologies, Horizon Oil Limited strives to optimize production rates and extend the life of its assets.

Hydrocarbon Evaluation:

Horizon Oil Limited undertakes the exploration and evaluation of hydrocarbons as part of its core activities. This involves assessing the potential of new and existing projects through detailed analysis and testing, ensuring that all ventures meet the company's criteria for sustainability and profitability.