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Horizon Oil Ltd. 2018 Q2 - Results - Earnings Call Slides

2018-02-27 seekingalpha
The following slide deck was published by Horizon Oil Ltd. in conjunction with their 2018 Q2 earnings call.

Twinza signs jack up rig contract for Pasca field drilling

2017-07-20 ogj
Twinza Oil Ltd., Perth, has signed a contract with China Oilfield Services Ltd. for use of the COSLSeeker jack up drilling rig to drill an appraisal well in Pasca A gas field in the Gulf of Papua offshore Papua New Guinea. (0-4)

Santos basin to be surveyed with ocean-bottom nodes

2017-07-19 ogj
Petroleo Brasileiro SA (Petrobras) has signed a contract with CGG to conduct a 2,180-sq-km full fold 3D survey using ocean-bottom nodes in the deepwater Santos basin offshore Brazil.

India reported to be considering mergers - Oil & Gas Journal

2017-07-18 ogj
The Indian government is reported to be considering mergers of state-owned oil and gas companies to create two integrated giants.

Iranian firms sign field-development MOUs - Oil & Gas Journal

2017-07-18 ogj
Two state-owned oil companies in Iran have signed separate memoranda of understanding with international counterparts covering field development in the Islamic Republic.

Trump to nominate McIntyre as FERC member, chairman - Oil & Gas Journal

2017-07-18 ogj
US President Donald Trump intends to nominate Kevin J. McIntyre, co-leader of the global energy practice at Jones Day in Washington, as a member and, ultimately, chairman of the Federal Energy Regulatory Commission.

Dakota Access pipeline sponsor receives final easement from ACE

2017-02-09 ogj
The Dakota Access crude oil pipeline project’s sponsor reported that it received the final easement necessary to complete the project from the US Army Corps of Engineers (ACE). “With this action, Dakota Access now has received all federal authorizations necessary to proceed expeditiously to complete construction of the pipeline,” Dallas-based Energy Transfer Partners LP said on Feb. 8.

MARKET WATCH: NYMEX crude oil price gains slightly despite US inventory build - Oil & Gas Journal

2017-02-09 ogj
Light, sweet crude oil prices gained modestly to close slightly above $52.30/bbl on the New York market Feb. 8 despite a build in weekly US oil inventories. Analysts noted oil prices still drew support from a drop in US gasoline inventories.

EIA: Global oil market to rebalance during 2017-18

2017-02-08 ogj
Beginning with the February Short-Term Energy Outlook, the US Energy Information Administration incorporated significant upward revisions to historical liquid fuel consumption from 2013-14, with the largest changes occurring in China and other nonmembers of the Organization for Economic Cooperation and Development. These revisions create a higher baseline from which 2015–16 STEO consumption is estimated.

Horizon Oil expands Papua New Guinea interests

2017-02-08 ogj
Horizon Oil Ltd., Sydney, has expanded its portfolio interests in western Papua New Guinea with the $28-million (Aus.) acquisition of Eaglewood Energy BVI, originally a Canadian entity but owned since 2014 by Perth private independent Transform Exploration Pty. Ltd.

MARKET WATCH: Oil prices drop pending US inventory report - Oil & Gas Journal

2017-02-08 ogj
Light, sweet crude oil prices dropped more than 80¢/bbl on the New York market Feb. 7 for a second consecutive day and prices continued to drop in early Feb. 8 trading in advance of the weekly US oil and products inventory report from the US Energy Information Administration.

Oil production restarts from Maari field offshore New Zealand

2017-01-13 ogj
OMV Group’s Maari oil field in the Taranaki basin offshore New Zealand’s north island is being progressively brought back on stream this week.

Horizon Oil restarts production at the Maari oil field

The company has a 10% interest in the oil field, operated by OMV New Zealand. At the time of shutdown, the Maari/Manaia field was producing 10,000 barrels of oil per day from 10 producing wells. The wells are being reinstated in a controlled and phased manner with the objective of having all wells on production shortly. Initial production is likely to be enhanced somewhat due to natural pressure build up which will accelerate recovery of the production.