Horizon Oil has completed the sale of its Papua New Guinea (PNG) operations to Arran Energy for $US3.5 million ($4.9 million). With the sale, Horizon has transferred its entire asset portfolio in PNG, comprising 2C contingent resources of 19.4 million barrels liquids and 599 billion cubic feet raw gas, to Arran Arran, a privately-owned Australian …
To access this post, you must purchase a subscription. If you have an existing subscription, please log in.