HZNFF

Horizon Oil Limited is an Australia-based company engaged in petroleum exploration, development and production. The Company's segments include New Zealand exploration and development, China exploration and development and All other segments. The New Zealand exploration and development segment includes its involvement in developing and producing crude oil from the Maari/Manaia oil field development and the exploration and evaluation of hydrocarbons within the permit. The Maari and Manaia producing oil fields are located in the Taranaki Basin in the Tasman Sea, approximately 80 kilometer (km) offshore the south Taranaki coast of New Zealand in approximately 100 meters (m) of water. The China exploration and development segment is involved in the development and production of crude oil from the Block 22/12-WZ 6-12 and WZ 12-8W oil field development and the exploration and evaluation of hydrocarbons within Block 22-12.