Horizon Oil Achieves First Gas at Thailand Project

MT Newswires Live
08/19

Horizon Oil (ASX:HZN) achieved first gas from its Sinphuhorm Pad D Facility Project in Thailand on Aug. 11, about 50 days ahead of schedule, according to a Wednesday Australian bourse filing.

The facility completed a 72-hour performance test, with PH-14 producing 25 million to 30 million standard cubic feet of gas per day before commencing normal operations, per the filing.

Pad D is expected to improve access to under-drained northern areas, support production from multiple wells, and boost overall field productivity and domestic gas supply, the filing said.

The company holds an effective 7.5% stake in the Sinphuhorm gas and condensate field, the filing added.

The company's shares rose 2% in recent Wednesday trade.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10