Horizon Oil
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Consensus Narrative from 1 Analyst
Acquisition Of Mereenie And New Drilling Will Diversify Production And Increase Future Earnings
Key Takeaways Acquisition of the Mereenie asset and strategic gas sales agreement provide a diversified production base and solidify long-term revenue streams. Infill drilling and potential license extension aim to boost production, enhancing future revenue and net income.
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FV
0.5% undervalued intrinsic discount5.37%
Revenue growth p.a.
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10 days ago author updated this narrative