Feb 1 (Reuters) - High Peak Royalties Ltd HPR.AX :
* Step transaction update HPR.AX
* South Taranaki Energy Project "step" transaction not proceeding
* Says step acquisition does not meet mosman's investment criteria at current
oil prices
* Will seek to deploy its funding resources elsewhere as we continue to review
a number of royalty investment opportunities"
* Rimu, Kauri and Manutahi SPA with Origin Energy Ltd and the associated
participation agreement with MSMN has been terminated
* Source text for Eikon ID:nASX8YlcFy
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