Half Year 2019 Horizon Oil Ltd Earnings Presentation Transcript

Feb 20, 2019 / 12:00AM GMT
Presentation
Feb 20, 2019 / 12:00AM GMT

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Corporate Participants
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* Michael F. Sheridan
Horizon Oil Limited - MD, CEO & Director
* Richard Beament
Horizon Oil Limited - CFO

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Michael F. Sheridan - Horizon Oil Limited - MD, CEO & Director

Good morning, and thank you for joining today's presentation of Horizon Oil's 2019 Half Year Financial Results. My name is Michael Sheridan; and with me is Richard Beament, Horizon Oil's CFO. After Richard and I have provided the presentation, we'll invite questions which may be submitted online via the open briefing web page by clicking the question icon at the bottom right-hand corner of the screen.

If we turn now to Slide 3, 2019 Half Year Highlights. As demonstrated by the highlights, Horizon Oil's strong operating and financial performance continued through calendar '18 with annual sales of 2 million barrels of oil, gross revenue of USD 139 million before hitting settlements and those are about $12 million, and this

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