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Horizon Oil Steadies Production and Expands with $30M Thailand Acquisition

4:59am on Monday 2nd of June, 2025 AEST Energy
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Horizon Oil Steadies Production and Expands with $30M Thailand Acquisition

4:59am on Monday 2nd of June, 2025 AEST
Key Points
  • Q3 FY25 production steady at 407,778 boe; sales at 400,112 boe
  • Interim dividend of AUD 1.5 cents per share paid, marking five years of consistent distributions
  • Net operating cash flow rose 8.4% to US$17.8 million on higher gas prices and lower costs
  • Successful Mereenie infill wells increased gas production by 20%
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