Finance News Oil & Gas

Harbour takes FID on Argentina LNG export

Harbour Energy plc and its partners have taken the final investment decision for the Southern Energy floating liquefied natural gas (FLNG) export project in Argentina. CAPEX The company produces in the offshore Cuenca Marina Austral (CMA-1) concession in the Tierra del Fuego province, and the onshore Aguada Pichana Este and San Roque concessions in the […]

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Harbour grants deferred bonus shares to executives

Harbour Energy plc has granted deferred bonus shares to two executive directors under the company’s 2017 long term incentive plan. VESTING On 7 April, chief executive Linda Z. Cook received 66,343 shares at an award price of £2.0106, while chief financial officer Alexander Krane received 86,021 at the same price. The awards represent 25% of […]

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Harbour NED purchases 12,116 shares

Harbour Energy plc independent non-executive director Louise Hough has bought 12,116 ordinary shares in the company. The purchase on 8 April was at an average price of 175.549 pence per ordinary share. Following the transaction, Ms Hough holds a direct interest in 18,916 ordinary shares, representing 0.001% of Harbour’s issued ordinary share capital.  The company’s […]

Finance News Oil & Gas

Harbour investor sells 6.7m shares for £13.7m

Harbour Energy plc reported that institutional investors, closely associated with its chairman R. Blair Thomas, have sold a total 6,672,934 ordinary shares for an aggregate £13,746,244.04. On 21 March EIG Separate Investments (Cayman) LP sold 6,653,009 ordinary shares each of 0.002 pence at £2.06 per share for £13,705,198.54. On the same day, EIG Asset Management […]

News Oil & Gas

Harbour NEDs purchase total 39,436 shares

Harbour Energy plc independent non-executive directors Margareth Øvrum and Alan Ferguson have purchased in total 39,436 ordinary shares of 0.002 pence each in the company. On 7 March, Ms Øvrum acquired 18,000 shares at an average price of 186.59 pence per ordinary share. She now holds a direct interest in 26,500 ordinary shares, representing 0.002% of the […]

News Oil & Gas

EnQuest expands into Vietnam

EnQuest plc has expanded its southeast Asia business into Vietnam by acquiring a 53.125% equity interest in the Chim Sáo and Dua production fields from Harbour Energy plc. BLOCK 12W The agreement, with a headline purchase of $84 million, is in line with the company’s aim to grow its international operating footprint with “fast-payback assets, […]