Horizon bucks trend, records profit, page-3

market cap of 160million...
wow...
current production of 4000 BOPD... 2019 16000 BOPD

2p +2c 100 MBOE
Before you even break down these immense reserves, just look at the Osaka deal...
the deal values HZNs PNG total asset value alone at $500 million US...
Maari was paid off in 2 years... we have a high hedged oil price...
China operations were successful in every way... I have never been involved in an oil development that came in under budget, on time, reserves and production exceeding expectations like with the Beibu gulf fields.....
We have PNG Mid scaled LNG project with PRL21
Stanely is going to be huge and we have all the necessary approvals for development...
HZN really is a standout company...
Its crashed with the oil price...
Even our JV partner in PRL21 (ketu Elevala), Kina petroleum has only fallen 10cents to now remain around 25c... However HZN has tanked hard...
So many years have passed and Horizon did start to show signs of true valuation during 2013, now its 2015 we are so much further ahead...

You just got to remember,
all the risk is out of HZN with the huge reserve base...
No small oil companies have triple digit millions of barrels of oil...
So while the deep selling continues one can only smile...

There is no justification for HZN falling from 40 cents to 12 cents when all operations are running at such a huge, and I add leveraged success... The future revenue streams are worth $5 billion

Its exciting to be alive and involved in this... and finally onboard...