OPERATIONS

Australia's Horizon raises funds for Thai project interests

Hits up Macquarie Bank to grab stakes in two producing fields

Colin Sandell-Hay

Horizon's 25% Mereenie interest is one of its key assets.

Horizon's 25% Mereenie interest is one of its key assets. | Credits: Horizon Oil

Australia's Horizon Oil has gained the backing of Macquarie Bank to help fund the acquisition of interests in two producing Thailand gas fields from Exxon. Horizon is purchasing a 7.5% working interest...

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