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Horizon adds more PNG acreage

HORIZON Oil has beefed up its acreage in Papua New Guinea, taking a 25% stake in Eaglewood Energy...

James McGrath
Horizon adds more PNG acreage

The PNG-focused company will also carry Eaglewood for future seismic and drilling costs on the permit up to a capped amount of $6.375 million, with Horizon to assume the operator's role. Horizon chief...

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