MARKETS

Horizon in halt after AFR corruption story 

HORIZON Oil is in a trading halt today on the Australian Securities Exchange after an Australian Financial Review article has asked a series of questions around a transaction that took place nine years ago in Papua New Guinea. 

Shares fall 30% after PNG bribe suggestions 

Shares fall 30% after PNG bribe suggestions 

  Horizon has interests in PNG, China and New Zealand and has been working to get its Western LNG project in the nation up and running for some years.    In 2011 it paid US$10.3 million to a local...

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