HZN horizon oil limited

Payback of additional well

  1. 20,905 Posts.
    lightbulb Created with Sketch. 2176
    Hi all I was just thinking with the current exploration well even if the exploration targets fail and they sidetrack and make it a production well from current reservoir , the net cost to Horizon is approximately 2 million USD. The payback period would be approximately 6 -7 weeks assuming it came on at 2000 barrels today

    either way within weeks we may be producing at 18000–19000 bopd out of China alone
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
20.5¢
Change
-0.005(2.38%)
Mkt cap ! $333.1M
Open High Low Value Volume
21.0¢ 21.0¢ 20.5¢ $55K 263.8K

Buyers (Bids)

No. Vol. Price($)
3 42378 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 994152 16
View Market Depth
Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
HZN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.