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Horizon Oil swoops for Mereenie JV partner Cue Energy

10% premium offered to Cue shareholders

Russell Yeo
Horizon Oil swoops for Mereenie JV partner Cue Energy

Credits: ENB

Horizon Oil has made a bid to takeover Cue Energy, one of its partners in the Mereenie joint venture. Under the Offer, each Cue shareholder would receive a combination of $0.008 cash and 0.5625 Horizon...

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