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Horizon Oil

Recent Articles

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.
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.