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Horizon Oil completes acquisition of Cue Energy Resources

PRIVATEAug 18, 2026about 3 hours ago

Acquiring Company

Horizon Oil Limited

Acquired Company

Cue Energy Resources Limited

SydneyAdelaideEnergyOil And GasBiomass EnergyEnergyOil And GasBiomass Energy

Description

Horizon Oil Limited successfully completed its off-market takeover of Cue Energy Resources Limited on July 2, 2026, securing a 57.03% controlling interest. This acquisition expands Horizon's production base, reserves position, and geographic exposure across Australia and Indonesia. The deal is a significant development for Horizon Oil, enhancing its operational capabilities in the oil and gas sector. Following the acquisition, Horizon reported record production and sales performance for FY26.

Company Information

Company

Horizon Oil Limited

Location

Sydney, New South Wales, Australia

About

Horizon Oil Limited is an energy company engaged in the exploration, development, and production of oil and gas resources. The company focuses on expanding its production base and diversifying its portfolio, particularly in Southeast Asia and Australasia.

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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 Energy Resources Limited?

Cue Energy Resources Limited was acquired by Horizon Oil Limited, based in Sydney. The deal was reported on August 18, 2026. Horizon Oil Limited is an energy company engaged in the exploration, development, and production of oil and gas resources. Horizon Oil Limited is privately held and operates in Energy.

When did Horizon Oil Limited acquire Cue Energy Resources Limited?

Horizon Oil Limited's acquisition of Cue Energy Resources Limited was reported on August 18, 2026. Horizon Oil Limited successfully completed its off-market takeover of Cue Energy Resources Limited on July 2, 2026, securing a 57.03% controlling interest. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cue Energy Resources Limited do?

Cue Energy Resources Limited is an oil and gas exploration and production company. It operates several projects primarily in Australia and New Zealand. Cue Energy aims to maximize shareholder value through successful exploration and production activities. It is privately held, operating in Energy, and is based in Adelaide.

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