Ann: Sale of PNG Interests, page-69

First 69 Last

Share
Profile

Follow
SilentPartnr

2,181 Posts.

209

15/01/22

18:01

Post #: 58890236
Share

Originally posted by shanghaiguy ↑

Well well well what do we have here? P'nyang about to be renegotiated. Looks like the director of a small Newcastle based company is about to get very rich as a result of his bargain basement purchase of the former PNG assets of HZN

"PNG Government and ExxonMobil announce intention to re-engage on P’nyang gas project Oil Search [ASX: OSH] today confirmed that the Papua New Guinea Government and Esso PNG P’nyang Limited, as operator of PRL 3 (P’nyang field), jointly announced their intention to re-engage in the negotiations on the P’nyang project (refer to attached release issued 20 August 2021). PNG Minister for Petroleum, the Hon. Kerenga Kua, said “A series of workshops regarding the development of the P’nyang Gas fields will take place over the next couple of weeks and if all goes well, we can expect to sign a P'nyang Heads of Agreement around the end of this next month and a Gas Agreement thereafter." Diego Fettweis, Oil Search’s EVP Commercial, said “This is a positive step towards the development of the P’nyang gas resource and signals the strength of support between the PRL3 joint venture and the Government of Papua New Guinea for a mutually beneficial outcome. We look forward to further progress in these negotiations and will support the PRL3 Operator through our 38.51% interest in the joint venture.”

Expand

Anyway, if anyone wanted to know what the status was on what were our PNG assets 15 months ago, the following article gives an update:

Papua New Guinea's Stanley project is on the move | Upstream Online

Regards

SP

HZN Price at posting: 9.8¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

PR1

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

Trump is President Again: What Does This Mean for Crypto?

PRS

Prospech finds dynamite heavy REE grades from historic core in Finland

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 1 more message in this thread...

First 69 Last

Add HZN (ASX) to my watchlist

(20min delay)
Last 19.0¢		Change 0.000(0.00%)		Mkt cap ! $308.8M

Open	High	Low	Value	Volume
18.5¢	19.0¢	18.5¢	$150.7K	800.5K

Buyers (Bids)

No.	Vol.	Price($)
55	1116530	18.5¢

Sellers (Offers)

Price($)	Vol.	No.
19.0¢	358012	7

View Market Depth

No.	Vol.	Price($)
54	1061530	0.185
45	2486798	0.180
14	889123	0.175
14	424193	0.170
4	56060	0.165

Price($)	Vol.	No.
0.190	358012	7
0.195	1635249	22
0.200	1470681	18
0.205	306717	7
0.210	1201703	9

Last trade - 16.10pm 11/11/2024 (20 minute delay)

HZN (ASX) Chart

Ann: Sale of PNG Interests, page-69

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

Trump is President Again: What Does This Mean for Crypto?

Prospech finds dynamite heavy REE grades from historic core in Finland

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Sale of PNG Interests, page-69

Top Stories

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

Trump is President Again: What Does This Mean for Crypto?

Prospech finds dynamite heavy REE grades from historic core in Finland

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News