HZN 0.00% 18.5¢ horizon oil limited

I think it is the usual response to a P&A, so it probably isn't...

  1. 63 Posts.
    I think it is the usual response to a P&A, so it probably isn't too bad. It wasn't part of the 21c valuation (I don't think so anyway) so it shouldn't disappoint too much for those who got in for the SPP. Although Kapul was obviously going to be a bonus.
    I would expect to see an ann in a few weeks outlining their plans for BC in the US & that might spark a bit of interest.
    I agree the South Chine Sea should provide better prospects & worth looking out for.
    So who knows maybe a bit of a buying opportunity if one's willing to hang on for 12 mths or so.

 
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