Operator
Thank you for standing by, and welcome to the Horizon Oil FY ’26 full year results webcast. Presenting today are Horizon’s Chief Executive Officer, Richard Beament; and Chief Financial Officer, Kyle Keen.
[Operator Instructions]
I’d now like to hand you over to Richard.
Richard Beament
MD, CEO & Director
Look, thanks very much and good morning, everyone. FY ’26 resets Horizon’s scale and cash flow base. The business now operates from a larger, more diversified platform than this time last year. We delivered record production and record sales. Thailand is contributing low cost cash flow, and the Cue acquisition expands Horizon into a broader 5-country Asia Pacific platform. We achieved that growth while continuing to deliver shareholder returns and maintain a strong balance sheet. This morning, I’m going to start with a strategic overview, and then Kyle will take you through the financial results before I’ll return to cover the asset portfolio, the outlook, and the near-term value runway before we open up for questions. Look, before we begin, I’ll draw you to the customary compliance statement, which I encourage you all to read in full.
It includes the usual cautionary statements as the presentation includes forward-looking statements, financial measures which are not prescribed by Australian Accounting Standards, and reserves and resources information. I also note that all references to dollars are U.S. dollars unless otherwise stated. So at a glance, Horizon is now a diversified cash generative Asia Pacific oil and gas producer, with producing assets across Thailand, Indonesia, Australia, New Zealand, and China. That 5-country footprint supports a more resilient production and cash flow base. FY ’26 net production reached a record 2.15 million barrels of oil equivalent, and following
 Q4 2026 Earnings Call Transcript){kind=link}