Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Horizon Oil Limited ( (AU:HZN) ) has shared an update.
Horizon Oil Limited announced the successful completion of the WM30 well as part of the Mereenie Development program, which, along with the WM29 well, is expected to enhance gas production rates. This development positions the company to meet the requirements of a new Northern Territory Government Gas Sales Agreement, showcasing effective execution and collaboration with partners Central Petroleum and Ventia.
More about Horizon Oil Limited
Horizon Oil Limited is involved in the oil and gas industry, focusing on the development and production of energy resources. The company is engaged in projects that enhance gas supply capabilities, particularly in collaborations and joint ventures.
YTD Price Performance: 30.0%
Average Trading Volume: 31,401
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $201M
Learn more about HZN stock on TipRanks’ Stock Analysis page.
