Horizon Oil Limited (the ‘Company’) and the board are committed to achieving and demonstrating the highest standards of corporate governance. The board continues to review the framework and practices to ensure they meet the interests of shareholders. The Corporate Governance Statement was approved by the board on 30 August 2016.
A description of the Company’s main corporate governance practices is set out here. All these practices, unless otherwise stated, were in place for the full financial year. They comply with the ASX Corporate Governance Council’s revised Corporate Governance Principles and Recommendations 3rd edition, released in March 2014 (“ASX Recommendations”), except where noted herein.