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How Horizon Oil’s Thailand Gas Field Buy Could Transform Its Growth Trajectory
9:26am on Friday 1st of August, 2025 AEST
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Energy
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How Horizon Oil’s Thailand Gas Field Buy Could Transform Its Growth Trajectory
9:26am on Friday 1st of August, 2025 AEST
Key Points
Acquired 7.5% interest in Sinphuhorm and 60% in Nam Phong gas fields
Assets add approximately 3.9 million barrels of oil equivalent (2P reserves)
Transaction substantially debt funded with minimal cash reserve impact
Long-term gas sales agreements with Thailand’s PTT through 2031
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