Horizon Oil Limited (AU:HZN) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Central Petroleum Limited has commenced drilling its first development well in the Mereenie field, aiming to boost production capacity above 30 terajoules per day. The initiative is part of a two-well program expected to produce at least 25 petajoules of gas over their lifespan, potentially enhancing cash flow through expanded gas sales agreements.
For further insights into AU:HZN stock, check out TipRanks’ Stock Analysis page.