HZN 0.00% 14.5¢ horizon oil limited

Horizon

  1. 1,058 Posts.
    In January STO are expected to spud an on shore well in on-shore New Guinea.

    THis is a dinki di wildcat.

    Target $500 millions barrels of oil

    Cost $US9,000,000

    HZN has 48% of this well and is trying to farm out some of its interest. This is a classic high risk high reward well. If HZN can farm out a proportion of the well in return for payment of its share of the well then it becomes a high upside low downside well for HZN. However if HZN has to ante up for its full share of the well then it is a company
    maker-company ruiner type of well
 
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Mkt cap ! $188.7M
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14.5¢ 14.5¢ 14.2¢ $5.832K 40.65K

Buyers (Bids)

No. Vol. Price($)
9 845676 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 300806 5
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Last trade - 13.23pm 20/11/2019 (20 minute delay) ?
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Last
14.5¢
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14.5¢ 14.5¢ 14.5¢ 3502
Last updated 13.23pm 20/11/2019 (live) ?
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