Harbour Energy Expands Global Presence with Acquisition

Harbour Energy (GB:HBR) has released an update.

Harbour Energy successfully completed its acquisition of Wintershall Dea’s upstream assets, significantly expanding its production to approximately 475,000 barrels of oil equivalent per day across diverse regions. The acquisition was financed through equity issuance, bond transfers, and cash, positioning Harbour to potentially upgrade to Investment Grade status. The company also reaffirms its commitment to shareholder returns with an increased annual dividend and plans for a capital markets event in the first half of 2025.

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