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Horizon Oil

Recent Articles

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.
Horizon Spuds Tingu-1 Well in PRL 21 in Papua New Guinea
Tuesday, August 27, 2013 Horizon Oil spuds the Tingu-1 exploration well in Petroleum Retention License 21 in Western Province, Papua New Guinea.
Osaka Gas Buys PNG Gas Fields
Thursday, May 23, 2013 Osaka Gas buys stakes in natural gas assets in Papua New Guinea from Horizon Oil.
Petsec Enters Sale, Purchase Agreement with Horizon
Friday, June 03, 2011 Petsec Energy has entered into a Sale and Purchase Agreement with Horizon for a A $38 million cash payment, plus options with a 3 year term and exercise price of 37 cents/share over 15 million Horizon Oil.
CNOOC May Become Operator of Beibu Gulf Oil Fields
Tuesday, November 24, 2009 Roc Oil said Tuesday that talks with CNOOC over the development of two oil fields offshore southern China could lead to the Chinese taking over as operator.
Maari Books 100MM Barrels with Additional Wells
Wednesday, November 04, 2009 The Maari oil field and its adjacent Manaia field offshore New Zealand contain more than 100 million barrels of recoverable oil, twice as much as originally estimated for the main Moki sands reservoir.
Cue Expands Interests Offshore New Zealand
Tuesday, October 20, 2009 Cue has farmed-in to two new exploration permits in New Zealand. The acquisition of interests in these permits will build on Cue's interests in the successful Maari and Manaia oil fields.
Maari Pumps Near 40,000 BOPD as Manaia-1 Extension Hits Oil
Monday, September 14, 2009 Production of crude oil from the offshore Maari oil field has reached close to 40,000 barrels a day, substantially above the expected production capacity.
Cue Reports on Manaia Well Suspension, Maari Production Well
Friday, September 11, 2009 The Manaia well has been temporarily suspended and drilling of the M2A production well on the Maari Field has commenced.
More Oil in Extended Maari Field, Partners Say
Friday, September 04, 2009 The two additional Maari oil field reservoirs now being targeted in offshore south Taranaki are together expected to contain a mean oil-in-place volume of approximately 101 million barrels.
Cue Reports on Drilling Operations at Manaia-1 Appraisal
Friday, August 28, 2009 Cue advised that since the last report the Manaia appraisal well has drilled to a depth of 4633m in 12-1/4" hole. A drillpipe is being run back into the hole in preparation to continue drilling ahead.