Horizon Oil Limited announced that, following the successful installation, hook-up and commissioning of facilities for the WZ12-8 East Project, first production has been achieved from the first development well WZ12-8E A2H. Construction and drilling activities to date have been undertaken safely within budget and on schedule. The Project is expected to reach an average daily gross production rate of approximately 4,700 barrels of crude oil during 2022, with peak production expected to be approximately 10,000 barrels per day.