Projects
Current Projects
Horizon is a diversified, resilient and cash-generative five-country Asia-Pacific oil and gas producer, delivering reserves growth, strong cash generation and disciplined capital allocation.
Horizon is an Australian based company, listed on the Australian stock exchange which produces ~7,300 boepd¹ from nine producing assets across five countries representing a highly diversified portfolio. We have low-cost conventional oil and gas production from joint venture interests in:
- Block 22/12, offshore China where our partners are CNOOC Limited, Fosun International Limited (via Roc Oil Company) and Oil Australia Ltd
- PMP 36180 Maari/Manaia fields, offshore New Zealand, where our partners are OMV and Cue Energy Resources Limited
- Australia Amadeus Basin¹: Mereenie (OL4 & OL5), Palm Valley (OL3) and Dingo (L7): our partners are Echelon Mereenie, Central Petroleum Limited and Cue Energy
- Block E5N & EU1, Sinphuhorm gas and condensate field, onshore Thailand: our partners are PTTEP and Matahio
- Block E5, Nam Phong gas field, onshore Thailand: our partners are PTTEP and Matahio
- Mahato PSC and Sampang PSC, Indonesia²
¹ includes Horizon’s proportionate economic interest in Cue’s interests in Mereenie, Palm Valley and Dingo assets
² Horizon completed its off-market takeover of Cue Energy Resources Limited on 2 July 2026 and holds a 57.03% controlling interest. For financial relating purposes, effective control was obtained on 17 June 2026
In both of our non-operated oil projects, Horizon has been a long-term partner (over 20 years in China and 17 years in New Zealand) and was a participant prior to and throughout the project appraisal and development phases, including the 2022 Block 22/12 12-8E development.
Current projects
Northern Territory, Australia
Horizon Effective Interests – Mereenie ~29.3%;
Palm Valley ~8.6%; Dingo ~8.6%
Sinphuhorm & Nam Phong, Thailand
Horizon Net Working Interests
Sinphuhorm 7.50%; Nam Phong 60%
Block 22/12, Beibu Gulf, China
Horizon Net Working Interest (Production License) – 26.95%
Maari, New Zealand
26.00% direct working interest ~28.9% effective interest including through Cue
Mahato & Sampang PSCs, Indonesia
Mahato: Horizon effective interests ~6.4% through Cue
Sampang: Horizon effective participating interests ~8.6% through Cue
2026 Reserves and Resources Statement
2026 RESERVES & RESOURCES HIGHLIGHTS
 At 30 June 2026, Horizon net 2P reserves were 13.6 MMboe, 2C contingent resources were 19.8 MMboe and unrisked 2U prospective resources were 14.3 MMboe. These volumes include Horizon’s proportionate economic interests in MH Energy Thailand and Cue Energy Resources.
Quick Links
Horizon Head Office
Level 4, 360 Kent Street
Sydney NSW 2000
T: +61 2 9332 5000
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