HZN 7.50% 21.5¢ horizon oil limited

OSH HY

  1. 9,046 Posts.
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    Some projections in todays HY from OSH

    " There is gas upside potential from the Antelope 7 appraisal well, due to spud in early October, the Muruk
    exploration well, which is scheduled to commence drilling in the fourth quarter of 2016, and in and around
    P’nyang, with P’nyang South 2 now scheduled to be drilled in 2017 following Muruk. If these wells are
    successful, there could be sufficient gas to underpin a possible third expansion train "

    FID late 2018 and first gas 2022 according to the indicative timetable in the HY presentation.
 
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