HZN 2.94% 17.5¢ horizon oil limited

What will happen to investment in PNG?

  1. 607 Posts.
    lightbulb Created with Sketch. 27
    What is at stake for the PNG govt. ? they have been involved in 2 wrestling matches with successful bidders in their own govt. tender for the same license.

    could this seriously threaten investment in png? They can’t dig the gas out with a shovel so they need to court investment and expertise to develop their assets.

    perhaps what is happening to hzn is finger licking good for their competitors or is it?

    how will this play out for other license holders? What does this mean for majors?
    Last edited by Nailbiter: 16/02/20
 
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