middle.news
Horizon Oil Boosts Production 15% with Mereenie Infill Success
7:03pm on Monday 2nd of June, 2025 AEST
•
Oil and Gas
Read Story
Horizon Oil Boosts Production 15% with Mereenie Infill Success
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Mereenie WM29 well increases field production by over 15%
Quarterly production steady at 411,687 boe with strong contributions from Maari and Mereenie
Net operating cash flow of US$16.5 million supports financial stability
Net cash position of US$22.5 million after FY24 final dividend payment
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Horizon Oil (ASX:HZN)
OPEN ARTICLE