Brief: Horizon Petroleum Announces Joint Venture On Lachowice Natural Gas Field
09/08/2018 15:37
Aug 9 (Reuters) - Horizon Petroleum Ltd HPL.V :
* HORIZON PETROLEUM ANNOUNCES JOINT VENTURE ON LACHOWICE
NATURAL
GAS FIELD
* HORIZON PETROLEUM - UNDER TERMS OF LOI, FARMEE AGREED TO
FUND
100% OF CAPITAL EXPENDITURES REQUIRED TO BRING LACHOWICE FIELD
TO FIRST PRODUCTION
* HORIZON PETROLEUM LTD - FARM-IN OBLIGATION IS EXPECTED TO
TOTAL
APPROXIMATELY US$8 MILLION
Source text for Eikon: ID:nBw393wnga
Further company coverage: HPL.V
((Reuters.Briefs@thomsonreuters.com;))
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