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,
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Horizon departs PNG with asset sale
Horizon Oil has agreed to sell its portfolio of assets in Papua New Guinea to Arran Energy for $US3.5 million ($4.9 million).
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Horizon Oil offloads PNG assets
Horizon Oil has agreed to sell its portfolio of assets in Papua New Guinea to Arran Energy for $US3.5 million ($4.9 million). Following completion of the deal, Horizon will cease to have any operations
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Glenaras drilling to commence; pipeline talks advancing
With rig up and testing of equipment to commence this week, the rig is scheduled to commence drilling on or around 26 March.
The rig will drill three lateral wells and conduct a production testing pilot
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