Harbour Energy plc reported that chairman Blair Thomas has sold 1,099,638 million shares over three days at £4.71 to £4.76, for a total £5,191,179 million. The sale, via EIG Separate Investments (Cayman) LP which is closely associated with Mr Thomas, took place on Wednesday to Friday last week.
Tag: Harbour Energy plc
Harbour Energy reports strong finances
Harbour Energy plc reported a strong financial performance for the first half of 2022 due to high oil and gas prices and gains in foreign exchange. FINANCES Harbour reported total revenue and other income of $2,670 million (H1 2021: $1,496m). Operating costs per barrel were $14.2/boe (H1 2021: $15.0/boe) with the decrease driven primarily by […]
Rockhopper given two more years for Falkland licences
Rockhopper Exploration plc has secured a two-year extension to its licences in the North Falkland Basin. TRANSACTION The additional period was granted as part of the transaction, expected to complete during Q3 2022, of the change in companies involved in the project. Rockhopper added that the Falkland Islands Government and the UK Secretary of State had received […]
Harbour finds 390ft gas column in Timpan-1
Harbour Energy plc said it had encountered a 390ft gas column after completing drilling the Timpan-1 exploration well located 150km offshore Indonesia. OPERATIONS The well was drilled to a total vertical depth of 13,818ft subsea. The 390 foot gas column, found in a water depth of 4,245ft, is in a high net-to-gross, fine-grained sandstone reservoir […]
Harbour notes EIG reduction of shares to 16%
Harbour Energy plc said that investor EIG had reduced its notifiable interest in the company from 37% to 16%. BOARD MEMBERS In a statement, the oil and gas company added that the change reflected “a distribution of EIG’s shareholding in Harbour to certain of its underlying investors, rather than a sale of shares”. EIG is […]
Harbour begins $200m share buyback
Harbour Energy plc said it had today started a share buyback programme of the company’s ordinary shares for up to a maximum of $200 million. PROGRAMME The company has signed an irrevocable, non-discretionary agreements with its corporate brokers to execute the programme on its behalf. Harbour added that it continued to employ a disciplined and […]