HZN 0.00% 20.0¢ horizon oil limited

re: peaked about to fall back to jupiter Have farmed out a bit...

  1. 734 Posts.
    re: peaked about to fall back to jupiter Have farmed out a bit over half their Bosavi exposure in return for about 20% plus a part carry of a large adjacent prospect to be drilled in about 3rd quarter. A sensible strategy.

    I think they're doing a lot of things right, now. Just need a bit of luck. Lots of things happening - Bosavi (about to spud) and Tunisia (should have news later this week or early next) over next few weeks: results of these will have more of an impact in short to medium term than charting prognoses.

    Cheers
    OG
 
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