MARKETS

Macquarie sells 50% of Mereenie to Horizon and NZOG

Major shake-up of Mereenie project ownership

Colin Sandell-Hay

Horizon and New Zealand Oil & Gas (NZOG) have each agreed to acquire 25% interests in the Mereenie field

Just days after participating in a gas sales agreement to supply the Nolans rare earths project, a subsidiary of leading banking firm Macquarie has announced the sale of its 50% interest in the Mereenie...

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