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How Will Horizon Oil’s Thai Acquisition Transform Its Reserve Base?

9:50am on Monday 28th of July, 2025 AEST Energy
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How Will Horizon Oil’s Thai Acquisition Transform Its Reserve Base?

9:50am on Monday 28th of July, 2025 AEST
Key Points
  • 9% decrease in net 2P reserves to 9.0 MMboe as of June 2025
  • Maari field life extension adds 0.8 MMboe to reserves
  • Net production falls to 1.6 MMboe, mainly due to decline in China assets
  • 2C Contingent Resources down 8% to 12.3 MMboe from transfers to reserves
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