Brief: Horizon Oil Ltd Says Interest Acquisiton Of Sinphuhorm & Nam Phong Gas Fields
24/03/2025 01:18
March 24 (Reuters) - Horizon Oil Ltd HZN.AX: INTEREST ACQUISITON OF SINPHUHORM AND NAM PHONG GAS FIELDS INTEREST ACQUISITION OF 7.5% OF SINPHUHORM AND 60% OF NAM PHONG PRODUCING GAS FIELDS, ONSHORE THAILAND HEADLINE CASH CONSIDERATION FOR CO'S 75% HOLDING IN EXXON MOBIL EXPLORATION AND PRODUCTION KHORAT INC. US$30 MILLION HEADLINE CASH CONSIDERATION ALSO INCLUDES UP TO US$7.5 MILLION IN CONTINGENT PAYMENTS OVER NEXT 6 YEARS Further company coverage: HZN.AX ((Reuters.Briefs@thomsonreuters.com;))
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