Horizon Oil (HZN) 2007年年度报告「ASX」.pdf

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1、 22 October 2007 Australian Stock Exchange Limited Company Announcement Exchange Centre 20 Bridge Street Sydney NSW 2000 Dear Sir,HORIZON OIL LIMITED 2007 ANNUAL REPORT AND NOTICE OF AGM In accordance with Listing Rule 4.7,attached are copies of Horizon Oil Limiteds Annual Report for the year ended

2、30 June 2007 and the Notice of Annual General Meeting to be held on 21 November 2007.Copies of these documents will be sent to shareholders and can be downloaded from the Companys website .au.Yours faithfully,Michael Sheridan Chief Financial Officer/Company Secretary For further information please c

3、ontact:Mr Michael Sheridan Telephone:(+612)9332 5000 Facsimile:(+612)9332 5050 Email:.au Or visit .au 2007 ANNUAL REPORT ABN 51 009 799 4552007RESERVES AND RESOURCES Dear Shareholders,On behalf of the board we are pleased to report another year of solid,steady progress towards our objective of putti

4、ng together a portfolio of growth assets focused on the Asian area.These assets range from significant production to potentially high reward exploration prospects.Specifics and further detail of this progress are set out elsewhere in this report.Highlights of the years progress were:-n Development o

5、f the Maari oil field(offshore New Zealand)was 55%complete at end September 2007 with first oil scheduled for the third quarter of 2008.Whilst Horizon Oils share of forecast development expenditure to completion has increased by 25%from the pre-sanction estimate of US$36.5 million in October 2005 to

6、 US$45.7 million now,we remain satisfied that costs are being managed as well as could be expected in the challenging industry environment.n On Block 22/12(offshore China)the main focus of activities was planning work on the proposed Wei 6-12S development.n We expect that agreement with the China Na