BRIEF-Antares Energy says co will proceed with funding field development of Northern Star

Feb 5 (Reuters) - Antares Energy Ltd AZZ.AX :

* Strategic update AZZ.AX

* Says Antares will proceed with funding the field development of Northern Star

* Board of directors arrived at the conclusion that the existing Northern Star operational success is repeatable

* Has withdrawn from the sales process of permian assets

* Source text for Eikon News Search ID:nASX1n0H4h

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