4 Sept 2026director officer appointment● Neutral
Bruno Lorenzon resigned as Alternate Director to Gregory Bittar on 4 September 2026 after over nine years. Minor board administration; Bittar remains a director.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
27 Aug 2026annual report● Neutral
FY26 sustainability report covering safety, emissions initiatives and governance. Notes controlling interest in Cue and the MH Energy Thailand venture with Matahio. Reporting document with no new financial or operational results.
27 Aug 2026other● Neutral
Annual corporate governance statement and Appendix 4G, approved by the board on 27 August 2026. Routine compliance disclosure; no new substance in the text provided.
27 Aug 2026annual report▲ GoodMajor
FY26 results: record production of 2.15 MMboe, EBITDAX US$56.4m, operating cash flow US$47.2m and cash US$37.4m. A final dividend of A$0.01 per share (A$17.4m) is payable in October 2026. Cue is consolidated for only 13 days.
27 Aug 2026other● Neutral
Administrative notice giving a YouTube link to the audio webcast of the FY26 results presentation. No substance.
27 Aug 2026investor presentation● Neutral
FY26 results presentation repeating the record production, Cue consolidation from 17 June 2026 and 2P reserves of 13.6 MMboe already reported in the results announcement. No new information in the text provided.
19 Aug 2026production update▲ GoodMajor
First gas flowed on 11 August 2026 from the Sinphuhorm Pad D facility in Thailand, about 50 days early; the PH-14 well tested at 25-30 MMSCFD gross. Horizon holds an effective 7.5% interest. This delivers the Pad D first gas flagged for later 2026.
12 Aug 2026investor presentation● Neutral
August 2026 corporate overview presenting the enlarged five-country portfolio, record FY26 production of 2.15 MMboe, about 7,300 boepd post-Cue, and 2P of 13.6 MMboe. Repeats previously announced figures; no new information.
12 Aug 2026other● Neutral
Administrative notice giving a link to a CEO video commentary on the same-day corporate overview presentation. No new substance.
10 Aug 2026resource reserve update▲ GoodMajor
Horizon's net 2P reserves rose 51% to 13.6 MMboe at 30 June 2026 (from 9.0), mainly from the Thailand and Cue acquisitions, replacing about 200% of 2.1 MMboe production. 2C resources rose to 19.8 MMboe; 2U prospective rose to 14.3 MMboe (unrisked).
3 July 2026business combination▲ GoodMajor
Horizon completed its Cue takeover, holding 57.03%. It paid about A$17.8m cash and issued 146,890,089 Horizon shares. Production rises about 15% to roughly 7,300 boepd and net 2P reserves by over 20% to about 15.35 MMboe. Four Horizon executives joined Cue's board.
3 July 2026asset acquisition disposition● Neutral
Echelon (a third party) confirmed it fully exited Cue and received cash and Horizon shares under the takeover. It now holds about 6.64% of Horizon, making it a substantial Horizon shareholder. Proceeds were mostly used to repay its debt.
2 July 2026other● Neutral
Required shareholder distribution schedule and top 20 holders after the Cue offer. Horizon has 1,774,478,592 shares and 6,297 holders. The largest holders are J P Morgan Nominees at 18.52% and IMC Investments at 13.65%; Echelon Offshore holds 6.64%.
26 June 2026asset acquisition disposition▲ GoodMajor
Horizon completed buying Echelon's 139,885,879 Cue shares (19.90%) under the March pre-bid agreement. With the offer closed on 19 June, it now has a relevant interest in 57.06% of Cue.
26 June 2026asset acquisition disposition● Neutral
Echelon (a third party) received about A$15.7m from selling its 139,885,879 Cue shares to Horizon, mostly to repay debt. It expects to hold about 6.7% of Horizon after its remaining Cue shares settle under the takeover.
17 June 2026business combination▲ GoodMajor
Horizon declared its Cue offer unconditional, with its voting power at 52.66%. Payment to accepting holders is accelerated to within 9 business days of the 19 June close, by 2 July 2026.
12 June 2026business combination● Neutral
Formal status-of-conditions notice repeating that the Cue offer is free of all conditions except 'no prescribed occurrences', which is not yet fulfilled or waived. Horizon's voting power in Cue is 52.46%. Adds nothing new.
12 June 2026business combination● Neutral
Horizon freed its Cue offer from most remaining conditions, including no material adverse change and no litigation. Only the 'no prescribed occurrences' condition remains. Horizon's voting power in Cue is 52.46%.
11 June 2026business combination● Neutral
Cue's second supplementary target's statement formally repeats the independent directors' unanimous recommendation to reject Horizon's best-and-final offer. It restates A$16m cash, no debt, and that acceptances beyond Echelon are around 2.4% (plus a further 0.24%).
10 June 2026business combination● Neutral
Cue's independent directors still unanimously urge rejecting the offer. They note that, apart from Echelon's shares, only about 2.4% of Cue had accepted, and Cue holds A$16m cash with no debt at 31 May.
9 June 2026business combination● Neutral
Horizon declared its Cue offer best and final (0.5625 Horizon shares plus A$0.008 cash per Cue share), not to rise without a rival bid. It now holds 52.21% of Cue, with the offer closing 19 June.
29 May 2026business combination▲ Good
Horizon gave notice that the Northern Territory ministerial approval condition of its Cue offer has been fulfilled. Together with the NZ consent and minimum acceptance, this clears the regulatory conditions named in the notices; any remaining conditions are not addressed.
29 May 2026business combination● Neutral
Horizon extended its Cue offer from 5 to 19 June 2026 after both regulatory approvals were met, giving remaining Cue holders time to accept. It holds 51.77% of Cue. Status-of-conditions notice date moves to 12 June.
27 May 2026business combination▲ Good
Horizon gave notice that the New Zealand Crown Minerals Act consent condition of its Cue offer has been fulfilled. This clears one regulatory approval; the Northern Territory approval is not addressed in this notice.
14 May 2026business combination▼ Bad
Cue's independent directors again urge shareholders to reject the offer, which they call highly conditional. Horizon holds 51.39% of Cue, with 48.61% not accepting. The offer is scheduled to close 5 June 2026 unless extended.
16 Apr 2026business combination▲ GoodMajor
Horizon says Echelon has accepted, giving it a 50.46% fully diluted interest in Cue (51.42% undiluted voting power) and satisfying the 50.1% minimum acceptance condition. It warns non-accepting holders of reduced liquidity and sees a rival bid as unlikely.
15 Apr 2026business combination▲ GoodMajor
Horizon gave notice that the minimum acceptance condition of its Cue offer has been fulfilled, so the offer is free of that condition. Other conditions, including regulatory approvals, remain.
14 Apr 2026business combination▼ Bad
Cue's first supplementary target's statement keeps the recommendation to reject. It adds the Palm Valley gas deal, which Horizon is not part of, as a further reason, and notes the Medco Sampang dispute is concluded.
13 Apr 2026joint venture update● Neutral
Cue (the takeover target) says it signed the Palm Valley gas deal with the NT Government, 3.2 PJ its share to 2034. It confirms no agreement was reached on the Mereenie volumes. Strengthens Cue's case, as Horizon has no Palm Valley stake.
13 Apr 2026joint venture update▼ BadMajor
The Power and Water letter of intent for new Mereenie gas has expired with no replacement agreed. The JV suspends the two infill wells, cutting Horizon's 2026 capex by about US$5m. Existing supply to 2030 is unaffected; the JV will seek other buyers.