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.
Cue Confirms Appraisal Drilling at Manaia-1 Offshore New Zealand
Tuesday, August 04, 2009 Cue confirmed that the Manaia-1 appraisal well began drilling on August 1, 2009. The well is being drilled following successful completion of the Maari development drilling program.
Maari Partners Exploit Additional Oil-Bearing Zone to Enhance Field
Friday, July 31, 2009 The Maari oil field partners are to go ahead with exploitation of a second oil-bearing zone, which could provide additional production and possible increased recoverable volumes from Maari as a result of field life extension.
Maari JV to Spud M2A Production Well
Friday, July 10, 2009 Cue announced that the Maari Joint Venture has approved drilling of the M2A production well, which will be spud in late September 2009.
Korean Firms Test Water Offshore China
Thursday, June 04, 2009 Majuko Group's purchase of a stake in an oil block near Hong Kong could pave the way for more deals offshore China by Korean firms.
Maari Oil Field Pumps First 900,000 Barrels
Tuesday, May 19, 2009 The latest Taranaki offshore oil field at Maari has pumped in excess of 900,000 barrels of oil soon after the start-up of the third of its planned five oil wells.
Maari JV Approves Drilling Manaia-1 Appraisal Well Offshore New Zealand
Tuesday, May 19, 2009 The Maari Joint venture has approved drilling of the Manaia-1 appraisal well. The well is currently scheduled to commence drilling in mid August 2009, at the end of the Maari development drilling program.
New Zealand's Maari Field Flows First Oil
Wednesday, February 25, 2009 New Zealand's largest oil field has passed a significant milestone with the commencement of oil production.
Countdown Begins: NZ's Maari Oil Field 10 Weeks Away from First Oil
Wednesday, January 21, 2009 Field development on the offshore New Zealand oil field is nearing completion, and production is expected to commence on Maari in February 2009.
Horizon Increases Stake in Taranaki Permit Offshore New Zealand
Tuesday, September 30, 2008 Horizon Oil has acquired a 25% interest in Petroleum Exploration Permit 38494 in the southern Taranaki Basin, offshore New Zealand, by way of a farm-in agreement with Todd Energy.
Horizon Tests, Re-Completes Stanley-1 Well in PNG
Friday, July 18, 2008 The next steps for Horizon Oil will be the drilling of the Stanley-2 supply well in the first half of 2009. The Stanley-1 well will serve as a back-up supply well and an injector well for any gas produced that is surplus to PNG SEL's requirements.
Horizon Oil Takes Stake in Three Licenses Offshore Thailand
Tuesday, March 04, 2008 Aabar Energy's subsidiary Pearl Energy Limited has entered into a farm-out arrangement with Horizon Oil Limited to transfer 20% participating interest in three exploration concessions offshore in the Gulf of Thailand.