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Horizon Oil completes acquisition of Cue

PRIVATEJul 31, 20269 days ago

Acquiring Company

Horizon Oil

Acquired Company

Cue

SydneyLondonEnergyOil And GasInformation TechnologySoftwareArtificial Intelligence

Description

Horizon Oil has successfully completed the takeover of Cue, a strategic move to reshape its production base. This acquisition is expected to enhance Horizon Oil's operational capabilities and expand its asset portfolio. The takeover aligns with Horizon's goals of optimizing production and creating shareholder value. Further details on the impact of this acquisition will be provided in subsequent communications.

Company Information

Company

Horizon Oil

Location

Sydney, New South Wales, Australia

About

Horizon Oil is an oil and gas exploration company focused on developing assets across the Asia-Pacific region. The company aims to enhance its growth through strategic acquisitions and operational efficiencies. It has a diversified portfolio that includes projects in China, New Zealand, and Thailand.

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Predictive Intelligence
Strategic

ML-powered predictions for Horizon Oil's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Cue?

Cue was acquired by Horizon Oil, based in Sydney. The deal was reported on July 31, 2026. Horizon Oil is an oil and gas exploration company focused on developing assets across the Asia-Pacific region. The company aims to enhance its growth through strategic acquisitions and operational efficiencies. Horizon Oil is privately held and operates in Energy.

When did Horizon Oil acquire Cue?

Horizon Oil's acquisition of Cue was reported on July 31, 2026. Horizon Oil has successfully completed the takeover of Cue, a strategic move to reshape its production base. This acquisition is expected to enhance Horizon Oil's operational capabilities and expand its asset portfolio. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cue do?

A provider of customer service chat software focused on integrating artificial intelligence (AI) into its platform. It is privately held, operating in Information Technology, and is based in London.

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