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Horizon Oil Limited ( (AU:HZN) ) has issued an announcement.
Horizon Oil Limited has completed the acquisition of a 7.5% interest in the Sinphuhorm gas field and a 60% interest in the Nam Phong gas field, both located onshore in Thailand. This strategic acquisition is expected to significantly enhance Horizon Oil’s operational capabilities and strengthen its position in the Southeast Asian energy market, potentially offering increased value to its stakeholders.
More about Horizon Oil Limited
Horizon Oil Limited is an energy company involved in the exploration, development, and production of oil and gas. The company focuses on expanding its operations and market presence within the oil and gas industry.
Average Trading Volume: 1,351,497
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$333.2M
See more insights into HZN stock on TipRanks’ Stock Analysis page.