Harbour Energy plc has agreed to buy for $170 million (£127m) the UK North Sea assets of Waldorf Energy Partners Ltd and Waldorf Production Ltd, currently in administration. CAPRICORN The company said that the binding share sale and purchase is expected to add 20 thousand barrels of oil equivalent per day, and 2P reserves of […]
Tag: Kraken oil field – UK central North Sea
Capricorn doubts full $30m Waldorf payment
Capricorn Energy plc said it was unlikely to receive the full $29.5 million from its sale of the Catcher and Kraken oil fields, following court refusal of the purchaser’s restructuring plan. DISCUSSIONS The 2021 sale, amended in 2023, to Waldorf Production UK plc was part of Capricorn’s acquisition of a 25% non-operated interest in the […]