2011年1月31日澳洲股市：中國海洋石油總公司有限公司(HKG:0883) (NYSE:CEO)已批准開發中國北部灣22/12區塊的三塊油田的《項目投資和整體開發計劃》 ；Copper Strike Limited (ASX:CSE)與中國簽約注資北昆士蘭多礦藏項目；Jupiter(ASX:JMS)籌資1500萬澳元推進南非和澳洲採礦項目；Viralytics Limited (ASX:VLA) (PINK:VRACY)已收到中國方面對於將CAVATAKTM RNA作為治療人類黑色素瘤的抗癌劑的批准。
Horizon Oil Ltd
Horizon Oil Limited (ASX:HZN) (OTCMKTS:HZNFF) is an ASX-listed petroleum exploration and production company, with a geographic focus on the Asia-Pacific region. The company currently produces over 4,000 barrels of oil per day net from its fields in New Zealand and China, which generated over US$80 million in net operating income after operating expense for the year ended 30 June 2015. Further development candidates remain in and around these producing fields.
Horizon Oil maintains prudent policies of oil price hedging and loss of production insurance to ensure that sufficient cash flow is generated to meet the funding requirements of its growth program.
The company holds a large undeveloped reserves and contingent resource position in Western Province, onshore Papua New Guinea. These are liquids-rich gas resources and reflect Horizon Oil’s strategy to focus on Asian gas for growth. Gas constitute about 2/3 of the reserves and resource base. Commercialisation pathways for the gas are emerging.
Although Horizon Oil anticipates continuing strong cash generation over the medium term from its existing producing fields, these developed reserves account for only 10% of total reserves and resource base. The focus going forward will be on new field development, funded largely from existing production cash flow.