Harbour Energy plc reported that institutional investors, closely associated with its chairman R. Blair Thomas, have sold a total 6,672,934 ordinary shares for an aggregate £13,746,244.04. On 21 March EIG Separate Investments (Cayman) LP sold 6,653,009 ordinary shares each of 0.002 pence at £2.06 per share for £13,705,198.54. On the same day, EIG Asset Management […]
Tag: Harbour Energy plc
Harbour NEDs purchase total 39,436 shares
Harbour Energy plc independent non-executive directors Margareth Øvrum and Alan Ferguson have purchased in total 39,436 ordinary shares of 0.002 pence each in the company. On 7 March, Ms Øvrum acquired 18,000 shares at an average price of 186.59 pence per ordinary share. She now holds a direct interest in 26,500 ordinary shares, representing 0.002% of the […]
EnQuest expands into Vietnam
EnQuest plc has expanded its southeast Asia business into Vietnam by acquiring a 53.125% equity interest in the Chim Sáo and Dua production fields from Harbour Energy plc. BLOCK 12W The agreement, with a headline purchase of $84 million, is in line with the company’s aim to grow its international operating footprint with “fast-payback assets, […]
Harbour completes Wintershall acquisition
Harbour Energy plc today completed its acquisition of the Wintershall Dea asset portfolio, comprising Wintershall Dea AG’s upstream assets. GLOBAL Harbour now produces 475,000 barrels of oil equivalent per day with “significant” production in Norway, the UK, Argentina, North Africa and Germany. The company said it now had a 2P reserve base of c.1.5 billion […]
Harbour notes ‘significant’ South Andaman discovery
Harbour Energy plc’s partner has made a “significant” gas discovery on the South Andaman licence, offshore Sumatra in Indonesia. APPRAISAL Operator Mubadala Energy’s announcement on the Tangkulo-1 exploration well follows the major discovery at Layaran-1 well on South Andaman in December 2023. The partners aimed to prove up additional volumes in the shallower Tangkulo prospect […]
Harbour grants 1.8m share awards to CEO-CFO
Harbour Energy plc granted a combined 1,793,639 performance and deferred bonus share awards to its chief executive officer and chief financial officer. On 8 April, Linda Z Cook received 939,947 share awards at a price of £2.835 each under the company’s 2017 long term incentive plan, representing 300% of her salary. Alexander Krane was granted […]