Horizon ditches assets in 'too-hard' PNG

HORIZON Oil has thrown in the towel in Papua New Guinea, announcing that it is disposing of all its assets in the country.

Horizon ditches assets in 'too-hard' PNG Horizon ditches assets in 'too-hard' PNG Horizon ditches assets in 'too-hard' PNG Horizon ditches assets in 'too-hard' PNG Horizon ditches assets in 'too-hard' PNG

Chris Hodge

Chief executive officer Chris Hodge said his company's ability to realise value in PNG was "becoming increasingly long dated and uncertain" as was highlighted by the impairment write-downs taken

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