agree volf , they won’t become operator but they may decided to divest a portion. It’s probably best the remain with current exposure so they can push Maari extension hard as a JV
based on full year production and sales guidance another very strong cash flow half will materialise with us almost being 1/3 through the current half. Interesting they believe there is potential to drill between current wells in w12-8e , I wonder whether that means existing drilling slots can be used
will definitely have enough for a 3 c distribution and good to see more drilling in second half which is only a few months away
HZN Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
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