Horizon Oil (ASX:HZN) has declared a final unfranked dividend distribution equating to AUD 2.0 cents per share.
The company saw a financial year revenue increase of 41%, amounting to US$152.1 million.
Meanwhile, profit after tax surged by 80% to reach US$43.9 million.
The firm anticipates a further growth in operating cashflows in the near term.
Horizon Oil is a leading petroleum exploration and production company.
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