Importantly, the continuing consolidation of the ownership of...

Importantly, the continuing consolidation of the ownership of gas condensate resources in Western Province, Papua New Guinea, together with the collaboration between the operators (Horizon Oil and Repsol) of the foundation resources of the Elevala/Ketu and Stanley gas fields, as well as the supporting Ubuntu and Puk Puk/Douglas gas fields, is facilitating the progression of the Western LNG gas aggregation project. The coordinated gas aggregation project aims to monetise 2.0 - 2.5 tcf of gas and 60 - 70 million barrels of associated condensate, in which Horizon Oil holds an approximate 25% interest. The joint venturers are receiving strong support for the project from the PNG Government.
https://investors.horizonoil.com.au/irm/PDF/2332_0/QuarterlyActivitiesReport
developement cost of hzn png resources at current prices would be not less than 500 to 600 mil