HZN 2.63% 19.5¢ horizon oil limited

Ann: Quarterly Activities Report, page-11

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  1. 2,157 Posts.
    lightbulb Created with Sketch. 96
    That is a bloody fantastic find,JO20.
    SoOMV (69%)are firmly in the Maari partnership and are going to work to resurrect its ailments-for starters the "5" Maari Growth Plan wells that,IMO, crashed out big time..That makes HZNs move from 10% to 26% a grand move ,now made much better with OMV disclosing its solid intentions,at last.
    Add into the mix Brents statement the Maari reserves  could turn out to be twice those that
    were known to exist at the time the move from 10% to 26 was negotiated
    This is arguably the best news HZNers have seen in the last year or more. Very ,very well done Brent (and Michael).
    Made my day,thats for sure.

 
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