Horizon Oil Limited (HZNFF) Q2 2026 Earnings Call Transcript

SA Transcripts158.6K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Horizon Oil Limited (HZNFF) Q2 2026 Earnings Call February 24, 2026 7:01 PM EST Company Participants Richard Beament - MD, CEO & DirectorKyle Keen - CFO & Assistant Company Secretary Presentation Operator Thank you for standing by, and welcome to the Horizon Oil Limited Half Year Results. [Operator Instructions] I would now like to hand the conference over to Mr. Richard Beament, Chief Executive Officer. Please go ahead. Richard BeamentMD, CEO & Director Well, look, a very good morning, and welcome to Horizon Oil's FY '26 Half Year Results Presentation for the period ended 31 December, 2025. I'm Richard Beament, Horizon's CEO, and I'm joined today by Kyle Keen, our CFO. This half year represents a very important period for the company. Despite a materially lower realized oil price environment, we delivered strong operating and financial performance, underpinned by disciplined cost control and the successful integration of our recently acquired Thailand assets. The completion of the Thailand acquisition on the 1st of August, together with the 10-year extension of the Maari permit to December 2037, has delivered a genuine step change for Horizon, increasing production, strengthening cash flow resilience, extending portfolio life and further diversifying the business. This morning, I'll provide a brief overview of the half-year performance, then hand over to Kyle to take you through the financials before I return to cover asset performance, outlook and upcoming activity. And we'll then open up to questions. Before we begin, I'll draw your attention to the customary compliance statement on Slide 2, which I encourage everyone to read in full. During today's presentation, we may make forward-looking statements, and actual results may differ materially due to known and unknown risks and uncertainties. It's also important to note that in our results, our recent Thailand investment is equity accounted in the half year financial statements since