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Horizon Oil

Recent Articles

Roc Oil Spuds First of Two Wells in Beibu Gulf Block 22/12 Offshore China
Thursday, September 11, 2014 Roc Oil spuds the first of two exploration wells in Beibu Gulf Block 22/12 offshore China.
Positive Production Test Results Seen at Stanley-5 Well in PDL 10 in PNG
Wednesday, August 27, 2014 Horizon Oil reports positive production testing results at Stanley-5 development well in permit PDL 10 in Papua New Guinea.
OMV Completes Drilling at Whio-1 Well in NZ's PEP 51313, No Commercial Find
Tuesday, August 26, 2014 OMV New Zealand completes drilling operations at Whio-1 exploration well in permit PEP 51313 in the Taranaki Basin, offshore New Zealand without making a commercial discovery.
Horizon Oil Terminates Merger Implementation Deed with Roc Oil
Tuesday, August 05, 2014 Horizon Oil terminates the merger implementation deed with Roc Oil following the offer to acquire the latter by Fosun International.
Roc Oil Draws a Second Acquisition Proposal, Denies Cliq Energy is a Bidder
Friday, July 11, 2014 Roc Oil receives a second proposal from an unnamed firm to acquire all the issued share capital of the Australian company.
Horizon Oil Recommends Shareholders Accept Merger with Roc Oil
Friday, July 04, 2014 Horizon Oil recommends that the firm's shareholders accept the merger with Roc Oil in the absence of a superior proposal.
Horizon Gets Development, Pipeline Licenses for PNG's Stanley Gas Project
Tuesday, June 03, 2014 Horizon Oil receives licenses to proceed with development of the Stanley gas project and pipeline in Papua New Guinea.
PNG's Stanley Gas Project JV Awaits Grant of Development License
Monday, May 26, 2014 Horizon Oil reports that the Stanley Gas Project joint venture in Papua New Guinea is awaiting the grant of a development license from the Minister for Petroleum and Energy.
Stanley Project Approval Continues PNG Growth
Monday, May 05, 2014 Papua New Guinea's oil and gas industry has experienced significant expansion in recent years, with development of the Stanley project on course to boost the sector in the country's Western Province.
Horizon and Roc Oil Plan Merger
Tuesday, April 29, 2014 Asian focused companies, Horizon and Roc Oil, announce intentions to merge and establish a single entity with significant exploration and production assets.
Horizon Oil Gets Approval to Develop Stanley Gas, Condensate Project in PNG
Monday, April 14, 2014 Horizon Oil receives approval to develop the Stanley gas condensate project in Western Province, Papua New Guinea.
Ketu Petroleum to Acquire 20% Stake in PPL 259 in PNG from Eaglewood Energy
Thursday, December 05, 2013 Eaglewood Energy inks deal to farm out 20 percent interest in Petroleum Prospecting License 259 in Western Province, Papua New Guinea to Ketu Petroleum.
Horizon Records Strong Gas/Condensate Flows in Ketu-2 Well Production Test
Tuesday, November 12, 2013 Horizon Oil records strong gas/condensate flows during production testing of Ketu-2 appraisal well in Petroleum Retention License 21 in Western Province, Papua New Guinea.
Horizon Updates on Drilling at Manaia-2/2A Well in the Taranaki Basin
Monday, November 11, 2013 Horizon Oil provides an update on drilling at the Manaia-2/2A well in the offshore Taranaki Basin, New Zealand.
Horizon Reports Strong Gas/Condensate Flows During Testing of Tingu-1 Well
Monday, October 28, 2013 Horizon Oil reports strong gas/condensate flows during testing of the Tingu-1 exploration well in Petroleum Retention License 21 in Western Province, Papua New Guinea.
ROC Finalizes Option to Farm Out 40% Stake in Block 09/05 in Bohai Bay
Thursday, October 10, 2013 Roc Oil finalizes an option agreement to farm out 40 percent interest in Block 09/05 in Bohai Bay, China to Horizon Oil.
Horizon Oil Reports Gas/Condensate Discovery in PRL 21 in PNG
Wednesday, October 02, 2013 Horizon Oil reports significant gas/condensate discovery at the Tingu-1 exploration well in petroleum retention license 21 in Western Province, Papua New Guinea.
Horizon Oil Gives Drilling Update on Tingu-1 Well at PRL 21
Friday, September 27, 2013 Horizon Oil provides a drilling update on Tingu-1 exploration well in Petroleum Retention License 21 in Western Province, Papua New Guinea.
OMV Spuds Manaia-2 Well in PMP 38160 off New Zealand
Tuesday, September 03, 2013 Horizon Oil announces that operator of Petroleum Mining Permit 38160 OMV New Zealand has spud the Manaia-2 well off New Zealand.
Maari Oil Field Shutdown Due to Major Facility, Equipment Upgrade
Friday, August 30, 2013 Horizon Oil reports that the Maari oil field offshore Taranaki, New Zealand, will be shut until December due to a major facility and equipment upgrade.