Posted on 16/04/2025
Horizon Oil Limited (Horizon) advises that the Arafura gas supply agreement for Arafura’s Nolans rare earths project (“Nolans project”), including gas supply contracts with Horizon’s other Mereenie joint venture partners, has lapsed due to the condition precedent (being Arafura’s board approving a final investment decision (FID) of the Nolans project) not being satisfied on or before the 31 March 2025.