HZN: Mereenie- LOI for Long Term GSA supported by 2 new wells

Horizon Oil Limited (ASX: HZN) and its Mereenie Joint Venture partners (collectively “JVs”) have entered into a binding Letter of Intent (“LOI”) with the Northern Territory’s Power and Water Corporation (“PWC”) to: • support the immediate commencement of early works for an accelerated drilling program for two new wells; and • promptly document and execute gas supply agreements consistent with cond