ASX Announcements
Notice of FY25 Half Year Financial Results Webcast
Notification of Results/Reporting Date, Web Casts
ECH: WM 30 DEVELOPMENT WELL COMPLETED AND TO BE TIED-IN
Progress Report
CTP: Mereenie Development Well WM30 Completed
Progress Report
Arafura Gas Supply Agreement Update
Progress Report
June 2020
Horizon Oil gives itself the all clear over PNG payment
The junior oil company is refusing to release an internal report or say if it will be handed to ASIC.
February 2020
Horizon terminates 'untenable' CEO
The oil company at the centre of corruption allegations in PNG has terminated chief executive Michael Sheridan, describing it as "untenable" for him to remain in the role.
PNG makes personal plea to Morrison over Horizon scandal
The minister at the centre of the scandal denied knowing his lawyer was issued a development licence that later sold for $US10.3 million.
PNG PM calls for full investigation in Horizon's scandal
James Marape has asked for Australian help to investigate the $US10.3 million ($15.4 million) payment, while refusing to sack his Minister.
Horizon Oil hired disgraced lobbyist in PNG
The ASX-listed company at the centre of corruption allegations in Papua New Guinea hired a lobbyist who was found guilty of stealing public money.
PNG department silenced over Horizon licence
Staff who spoke out against issuing a controversial petroleum licence in PNG were threatened with suspension or demotion, according to an employee at the time.
Time to close the horizon on corruption
Business corruption in foreign nations is illegal and undermines the country's aid and foreign policy.
Horizon suspends CEO amid corruption allegations
The ASX-listed oil and gas company is facing allegations it paid $15 million to a politically connected shell company.
March 2019
Energy investors unfazed as stocks hit by Norway divestment plan
Investors in local oil and gas stocks are watching if any domestic pension funds follows Norway's huge government fund in stepping away from the sector.
World's biggest fund to dump Woodside, Santos and others
Norway's sovereign wealth fund announces plans to sell off holdings of oil and gas producers with few exceptions.
December 2016
OPEC deal elates market, but CEOs cautious
Local oil and gas producers are warning it's too early to consign tough times in the oil market to history.
June 2016
Reverse takeover loophole needs addressing
It has been more than two years since Roc Oil's $900 million merger with Horizon Oil exposed a loophole in ASX listing rules around reverse takeovers.
January 2016
Junior oil players find hedging to be a lifesaver
Oil hedging may be frowned upon by the larger companies but it has been close to a lifesaver for several of the smaller outfits.
July 2015
Horizon Oil reassures market as funding concerns weigh on stock price
Horizon Oil's share price has slumped 75 per cent since the junior was dumped by its intended merger partner Roc Oil in August 2014, but market concerns about its funding position are starting to ease.
January 2015
CBA ‘overweight’ on Horizon Oil
Commonwealth Bank has an “overweight” rating on Horizon Oil and a $0.35 target price.
Santos battles to keep rating as S&P cuts forecasts
The risk of further credit rating downgrades for oil and gas producers has intensified after Standard & Poor’s cut its 2015 price assumptions for the second time in the space of a month.
Oil plunge will stir M&A when price settles
The dive in the oil price to near-six-year lows has set the scene for a wave of mergers in the sector but bankers say the risk prices will fall further will likely delay activity until later in the year.
December 2014
Aussie shares join global slide
The losses of the past week have consolidated the Australian sharemarket’s woes for 2014. With just 11 trading sessions left the market is now down 2.5 per cent year-to-date, with hopes of the year ending with a “Santa rally” fading fast.
Simon Marais scales back
Simon Marais, head of funds management firm Allan Gray, is reducing his duties because of illness.
November 2014
Limited horizon
If the best form of defence is attack, Horizon Oil might have been stretching the point recently.