HZN horizon oil limited

Payback of additional well

  1. 20,964 Posts.
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    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
 
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