Pushing for PNG gas-liquids project

HORIZON Oil has hammered its cash flow breakeven price to $US33/barrel ($A41.6/bbl), and managed to deliver revenue above the cost of production last year sufficient to allow it to tackle its high levels of debt.

Pushing for PNG gas-liquids project Pushing for PNG gas-liquids project Pushing for PNG gas-liquids project Pushing for PNG gas-liquids project Pushing for PNG gas-liquids project

Horizon CEO Brent Emmett

The New South Wales-based oiler, which has production in New Zealand and China, is pushing hard to get away a gas-liquids project in Papua New Guinea, and saw revenue jump 5.

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