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Hedging keeps Horizon in the black

HEDGED production from China and New Zealand has led rumoured takeover target Horizon Oil to main...

Haydn Black
Hedging keeps Horizon in the black

Horizon's decision to hedge 74% of the 1.2 million barrels of oil its produced last year at an average price of $US95.45/bbl appears to have been a masterstroke of risk mitigation, allowing the junior...

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