Horizon Oil Limited · ASX:HZN

Horizon Oil — FY2012 Earnings Presentation

5 slides from Horizon Oil's earnings presentation, Aug 31, 2012

  1. Slide 1: FY 2012 Financial Results

    HORIZON OIL LIMITED For personal use only ABN 51 009 799 455 FY 2012 Financial Results August 2012 This presentation contains some references to forward looking assumptions, ti representations, t ti estimates ti t and d outcomes. t Th These are uncertain by the nature of the business and no assuranc

  2. Slide 2: Key Results

    Key Results For personal use only Financial  Net production from Maari field of 439,298 barrels of oil  Net sales volume 432,080 barrels of oil, at an averaged realised price of US$117 per barrel generating revenue of US$50 4 million US$50.4  EBITDAX of US$38.0 million  Exploration and developme

  3. Slide 3: Profit and Loss

    Profit and Loss For personal use only 12 Months to 12 Months to June 2012 June 2011 (US$million) $ (US$million) $ Sales Revenue 50.4 59.4 Gross Profit on Oil Sales 33.5 39.7 Profit from Sale of Assets - 22 0 22.0 EBITDAX* 38.0 62.2 EBIT* 29.7 51.3 Profit before Tax 23.7 48.5 Profit after Tax 7.7 34.

  4. Slide 4: Cash Flow

    Cash Flow For personal use only 12 Months to 12 Months to June 2012 June 2011 (US$million) (US$million) Opening Cash 64.6 26.5 Net Cash from Operating Activities (excl G&A) 21.1 48.9 General & Administrative Expenditure (8 1) (8.1) (7 2) (7.2) Net Proceeds from Reserves Based Debt Facility 27.7 - Ne

  5. Slide 5: Outlook for 2013

    Outlook for 2013 For personal use only Maari, offshore NZ  Further optimisation of oil production and water injection at Maari field  Design of development program to produce Greater Maari Area accumulations  Selection of exploration/appraisal drilling locations for drilling in 2013 Block 22/12,

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