News i have read stresses the Repsol's interest in diversification in politically stable countries and that they they are now a global company so Sth East Asia assets fit the company very well. But like i have been saying Oil Search has a lot to gain by having a stake in Stanley etc and has already made a bid for Talisman's PNG assets. Such an acquisition would greatly benefit HZN. I might also mention that although the SP is coming off a low its successive jumps for a few days now with HZN with almost 10% today is rather off the scale to be simply lifting with the rising tide of energy stocks.
HZN Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
(20min delay)