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How Horizon Oil’s Accelerated Drilling Could Transform Northern Territory Gas Supply

10:23am on Monday 15th of December, 2025 AEDT Energy
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How Horizon Oil’s Accelerated Drilling Could Transform Northern Territory Gas Supply

10:23am on Monday 15th of December, 2025 AEDT
Key Points
  • Binding Letter of Intent signed for accelerated drilling at Mereenie
  • Two new wells targeted for mid-2026 drilling commencement
  • Long-term gas supply agreements planned through to 2034
  • Early works underway with cost reimbursement provisions
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