Horizon Oil: interest acquisition of 7.5% of Sinphuhorm and 60% of Nam Phong producing gas fields, onshore Thailand
The acquisition is proposed through a consortium, with Horizon to acquire 75% of the shares in Exxon Mobil Exploration and Production Khorat Inc. with Matahio Energy acquiring the residual 25% and agreeing to manage EMEPKI employees and operatorship of the Nam Phong field on behalf of the consortium.