Harbour Energy plc announced it had found marginal accumulations from drilling the Dunnottar exploration well (30/8-4) in licence P2399 in the UK North Sea. ASSESSMENT The well reached a total measured depth of 15,639 feet encountering hydrocarbon-bearing intervals in the Palaeocene, Jurassic and Triassic. Harbour Energy said it would assess the commerciality of the marginal accumulations and in the meantime would […]
Tag: Harbour Energy plc
Rockhopper looks to Navitas as new Falklands partner
Rockhopper Exploration plc said it was in discussions with potential partner Navitas Petroleum LP after Harbour Energy plc decided against proceeding with the Sea Lion project in the North Falkland Basin. HARBOUR In its interim results published today, Harbour said it had undertaken a thorough review of the Sea Lion project in which it has a […]
Harbour reduces 2021 guidance on Tolmount delay
Harbour Energy plc said first gas at the HGS Tolmount platform would be delayed due to issues in certain offshore electrical systems during final commissioning and testing. The company added it was investigating the issues and developing rectification plans for the gas platform in the Southern North Sea. “As a result, Tolmount first gas will […]
Premier and Chrysaor merger completed
Premier Oil plc and Chrysaor Holdings Ltd, and the reorganisation of Premier’s existing debt and cross-currency swaps, were completed earlier today. Premier’s name has changed to Harbour Energy plc with effect from today. The company’s 925,532,809 existing ordinary shares and 17,585,119,330 new ordinary shares are expected to be admitted to trading on the London Stock […]
Premier and Chrysaor to form Harbour Energy
Chrysaor Ltd and Premier Oil plc’s proposed reverse takeover will result in a new name for the company of Harbour Energy plc. Harbour Energy will be the largest London-listed independent oil and gas company by production and reserves. The company’s board will comprise 11 directors including six independent non-executive directors, two non-executive directors appointed by funds […]
Premier to meet production target ahead of Chrysaor deal
Premier Oil plc reported it produced an average 61.2 kboepd for the first 11 months of 2020 and expected to meet its full-year guidance of 61‐64 kboepd. The company, currently engaged in a reverse takeover with Chrysaor, said 2021 production would be marginally higher at 61-66 kboepd, reflecting new production its operated Tolmount gas field […]