HZN 2.70% 19.0¢ horizon oil limited

We won't get an average realised oil price of US$73.90/bbl, this...

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    • We won't get an average realised oil price of US$73.90/bbl, this quarter but production will be higher in my opinion since there have been no workovers or temporary production halts this quarter. 
      450,000 bbls with steady operating costs?
      Net operating cash flow $US$18 million? (low AU against the USD is helpful).
      With our new ANZ finance arrangement debt is less important.
      Instead of paying down debt will Horizon announce a new exploration program in PNG? It's possible?

     
 
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