A major Harbour Energy PLC (LSE:HBR) shareholder has cut its stake in the oil and gas producer, with Potomac View Investments, an entity managed by EIG, placing 60 million shares with institutional investors for gross proceeds of about £153 million. The accelerated bookbuild was priced at 255p per share, with the stock sold representing around 3.8% of Harbour Energy's issued share capital.
Harbour Energy PLC (LSE:HBR) has been appointed operator of the Zama oil project offshore Mexico. The appointment was agreed by the Zama project partners and approved by Mexico's Ministry of Energy, known as SENER.
Harbour Energy PLC (LSE:HBR) on Monday announced a major deal which City analysts see as a high-quality, long-term move. The firm, the North Sea's largest independent producer, has agreed to Gulf of America focused independent acquire LLOG Exploration Company for $3.2 billion.
Harbour Energy PLC (LSE:HBR) has agreed to acquire LLOG Exploration Company LLC for $3.2 billion, to enter the Gulf of America. The comprises $2.7 billion in cash and $0.5 billion in Harbour shares, and, upon completion, LLOG will become Harbour's Gulf of America business unit.