• Eaglewood Energy has executed a farm-out deal with Horizon Oil sub Ketu Petroleum for a non-op 20% participating interest at PPL 259 in Papua New Guinea's Western Province. Eaglewood will retain an operated 45% stake. Horizon's interest will increase to 45% from 25% previously but will drop to 35% once it completes the sale of 40% of its Papau New Guinea interests to Osaka Gas. Horizon is paying $3.8 million for Eaglewood's sunk......
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