Projects and Operations


Production

Horizon Oil
Interest[%]
CHINA
Block 22/12 Beibu Gulf
Production 26.95%
Exploration 55%
NEW ZEALAND
PMP 38160 Maari and Manaia fields, offshore Taranaki Basin
Production 10%*
Exploration 10%

* See market announcement of the transaction dated 6 November 2017 regarding acquisition of a further 16% interest in Maari/Manaia fields

Development and Pre-Development

Horizon Oil
Interest[%]
WESTERN LNG PROJECT
PDL 10 Stanley field 30%
PRL 21 Elevala/Tingu and Ketu fields (operator)  30.15%
PRL 28 Ubuntu field (operator)  30.0%*
PRL 40 Puk Puk/Douglas  20.0%*

*Percentage participating interests are calculated after the acquisition of a 20% economic interest in PRL 40 and Divestment of a 20% economic interest in PRL 28 occurring subsequent to 30 June 2017, subject to customary PNG government approval.  See market announcement of the transaction dated 18 July 2017

Exploration

Horizon Oil
Interest[%]
WESTERN PROVINCE, PNG
PPL 372 (operator) 95%
PPL 373 (operator) 100%
PPL 430 (operator) 100%
PPL 574 (formerly PPL 259) (operator) 80%

 

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