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
Horizon Oil Limited, through its joint venture, has commenced drilling at the Mereenie field targeting a significant increase in gas production. The campaign involves two wells, West Mereenie-29 and West Mereenie-30, which are expected to meet the growing demand in the Northern Territory market. This development underscores the company’s ongoing commitment to expanding its energy portfolio in Australasia.
For further insights into AU:HZN stock, check out TipRanks’ Stock Analysis page.
