MARKETS

Horizon claims "resilient" quarter despite dumping PNG assets

AUSTRALIAN oil and gas producer Horizon Oil has claimed it's had a "resilient" quarter despite the low-ranged oil price and the subsequent divestment of its troubled assets in Papua New Guinea.

Horizon claims "resilient" quarter despite dumping PNG assets

Horizon said on Thursday, production had increased from its offshore China assets which it owns alongside operator CNOOC by about 2,500 barrels per day, taking Horizon's overall net production for the...

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