Harbour Energy plc will start buying back its own shares from 8 August for up to a maximum aggregate of $100 million. DEADLINE The move will reduce the company’s share capital with all shares purchased cancelled. As at 28 February 2025, Harbour’s issued share capital comprised 1,440,116,191 ordinary shares of 0.002 pence, with voting rights […]
Tag: Harbour Energy plc
Chrysaor fined £150,000 for vent breaches
Chrysaor, which merged with Premier Oil to form Harbour Energy plc, has been fined £150,000 for vent breaches after exceeding its consent by more than 145 tonnes. ARMADA The company also failed to inform industry regulator the North Sea Transition Authority of the breach for seven months. On fining the company, NSTA today said that […]
EnQuest completes Vietnam acquisition
EnQuest plc has completed its acquisition of Harbour Energy’s 53.125% equity interest in, and operatorship of, the Chim Sáo and Dua production fields in Vietnam. PRODUCTION The headline value for the assets in Block 12W is $85.1 million with EnQuest paying around $25.7m, net of interim period cash flows since the deal’s effective date of […]
Harbour NED Simon Henry steps down
Harbour Energy plc non-executive director Simon Henry has resigned with immediate effect to pursue other opportunities. Mr Henry was appointed to Harbour’s board in 2021 and was the senior independent director of the company. He served on the company’s audit and risk and health, safety, environment and social committees. NED and chairman of the […]
Harbour independent NED buys 20,000 shares
Harbour Energy plc independent non-executive director Belgacem Chariag has bought 20,000 ordinary shares of 0.002 pence each in the company at an average price of 178.255 pence per ordinary share. Following the purchase on 12 May, Mr Chariag holds a direct interest in 20,000 ordinary shares, representing 0.001% of Harbour’s issued ordinary share capital. Harbour’s […]
Harbour grants 3.7m share awards to executives
Harbour Energy plc has granted an aggregate 3,718,143 share awards to executive directors under the company’s shareholder-approved 2025 long term incentive plan. BUSINESS On 9 May, chief executive Linda Z Cook received a total of 1,454,789 contingent share awards equal to 300% of her salary. Chief financial officer Alexander Krane received 746,045 share awards (240%). […]