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

    PDF

     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.

    Horizon Head Office

    Level 4, 360 Kent Street
    Sydney NSW 2000

    T: +61 2 9332 5000

     

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