HZN 2.50% 20.5¢ horizon oil limited

36% yield likely, page-47

  1. 20,391 Posts.
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    Half yearly due within a fortnight .
    will be an importndt wake up call to market not only about level of cash generation but to hear more about the outperformance of the W128E field and future stilling activity
    by now we would have received big Dec month revenue and even bigger Jan month revenue.

    medium term production profile will be better then some a factoring IMHO , resulting in more distributions over next 24-36 months
 
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