Activities Operations

Activities Operations Overview

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Activites Operations World Map China Papua New Guinea Thailand New Zealand

Permit listing – as at September 2008:

Country Permit Principal assets Horizon Oil Interest

New Zealand

PMP 38160

PMP 38416

PMP 38494

Maari field

Manaia Matariki

10.00%

10.00%

25.00%

China

Block 22/12

Wei 6-12 E & 6-12W fields

Wei 6-12S, 6-12-1 & 12-2-1 discoveries

30.00%*

Papua New Guinea

PRL 4

PRL 5

Stanley discovery

Elevala & Ketu discovery

100.00% (operator)

49.65%

Thailand

Block G10/48

Block G11/48

Block G1/48

Block G3/48

Block G6/48

Thailand exploration acreage (Gulf of Thailand)

25.00%

25.00%

20.00%

20.00%

20.00%

USA

Bayou Choctaw field

Victory Financial lease

Wilberts lease

14.00% - 28.50%

19.80% (working interest)

* CNOOC has a back in entitlement of up to 51% total equity in the field development

 

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