- GlobeNewswire•last month
BW Offshore has in partnership with the BW Group entered into agreement to acquire 66.67% of the Dussafu production sharing contract offshore Gabon. Subject to closing of this first transaction, the partnership ...
- PR Newswire•last month
HOUSTON, Dec. 22, 2016 /PRNewswire/ -- Harvest Natural Resource, Inc. (HNR) and its wholly owned subsidiary, HNR Energia B.V., have entered into a Sale and Purchase Agreement with BW Energy Gabon Pte. Ltd, a private Singapore company, to sell all of Harvest's oil and gas interests in Gabon. Under the terms of the Sale and Purchase Agreement, BW Energy Gabon will acquire HNR Energia's 100% interest in Harvest Dussafu B.V., which owns a 66.667% interest in the Dussafu production sharing contract covering a 210,000 acre area located in offshore Gabon. BW Energy Gabon will pay HNR Energia $32 million in cash for the interest, subject to certain adjustments. BW Offshore Singapore Pte. Ltd, an affiliate of BW Energy Gabon and BW Offshore Limited, a global provider of floating production services to the oil and gas industry, has guaranteed the obligations of BW Energy Gabon under the Sale and Purchase Agreement.
- Reuters•2 months ago
Multinational companies are selling their Venezuelan operations at hefty discounts - or even giving them away - as they to seek to escape the OPEC nation's soaring inflation and chronic supply shortages. Six firms, including General Mills and oil producer Harvest Natural Resources, have sold operations for as little as half their assessed value on the companies' books, according to securities filings and interviews with a dozen people knowledgeable about the deals. One company, U.S. autoparts-maker Dana, last year sold its debt-laden Venezuela operations to a local buyer for no cash compensation.
HNR : Summary for Harvest Natural Resources Inc - Yahoo Finance
Harvest Natural Resources Inc. (HNR)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||6.50 - 6.54|
|52 Week Range||1.68 - 6.73|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-0.78|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|