News Oil & Gas

Harbour submits Zama development plan

Harbour Energy plc reported that the operator of the Zama field has submitted the unit development field plan (UDP) to regulators in Mexico. ZAMA The Zama field lies in block 7 in which Harbour has a 25% interest and in the shallow water Sureste Basin in the Gulf of Mexico. Zama extends into the neighbouring […]

News Oil & Gas

Harbour chairman sells 2m shares for £6.38m

Harbour Energy plc chairman R. Blair Thomas has sold two million shares in the company for approximately £6.3 million. DIRECTOR DEALINGS On 8 February 2023, EIG Separate Investments (Cayman) LP closely associated with Mr Thomas sold 665,290 each at a price of approx. £3.18; on 9 February 584,710 shares each at approx. £3.19; and 10 February […]

News Oil & Gas

Harbour to cut UK investment and jobs

Harbour Energy plc said that increased UK tax rates on oil and gas had prompted it to reduce its future activity and investment in the country, including job cuts, and plan more international growth. DECREASED EXPENDITURE In the company’s unaudited trading and operations report for the year ended 31 December 2022, chief executive Linda Cook […]

Company Moves News Oil & Gas

Harbour NED Anne Marie Cannon to step down

Harbour Energy plc said that Anne Marie Cannon intended to step down as a non-executive director. MERGER Ms Cannon has served nearly nine years on the board of Harbour and before that Premier Oil plc. She will leave on 31 October 2022 to focus on her other professional commitments. “On behalf of the board, I […]