Harvest Oil & Gas Corporation (HRST)

Overview

Harvest Oil & Gas Corp., with its headquarters situated in Houston, Texas, previously functioned as an autonomous entity in the oil and natural gas sector within the United States. The company embarked on a strategic shift, deciding to wind up its operations and focus on returning capital to its shareholders. This decision marks a significant transition from its former role in exploring, extracting, and producing oil and natural gas commodities. The winding-up process reflects an end to its active involvement in the oil and natural gas industry, aiming to responsibly manage its resources and obligations during this period.

Products and Services

The offerings of Harvest Oil & Gas Corp., before its decision to wind up, comprised the following:

• Oil Exploration and Production: The company was involved in the exploration and production of oil, focusing on identifying potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring crude oil to the surface.
• Natural Gas Extraction and Production: Alongside oil, Harvest Oil & Gas Corp. engaged in the extraction and production of natural gas. This involved extracting natural gas from deep underground and processing it to meet quality standards, ensuring it was suitable for commercial and residential use.