tiprankstipranks
Horizon Oil Clinches Key Gas Supply Agreements
Company Announcements

Horizon Oil Clinches Key Gas Supply Agreements

Horizon Oil Limited (AU:HZN) has released an update.

Don't Miss our Black Friday Offers:

Horizon Oil Limited has successfully secured a significant gas sales agreement with the Northern Territory Government, ensuring the Mereenie joint venture will provide a stable gas supply to the region through 2030. This strategic move contracts Horizon’s Proved Developed Producing gas production and mitigates risks associated with the Northern Gas Pipeline by supporting contingency plans and promoting further field investment. The deal, which also includes an amended agreement with Arafura Rare Earths Limited, is expected to enhance Horizon’s project cash flows for the rest of the decade.

For further insights into AU:HZN stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskHorizon Oil Aligns Leadership Incentives with Growth Goals
TipRanks Australian Auto-Generated NewsdeskHorizon Oil’s New Share Rights Signal Growth Potential
TipRanks Australian Auto-Generated NewsdeskHorizon Oil Limited Issues Employee Share Rights
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App