Harbour Energy Gears Up for Major Asset Acquisition
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Harbour Energy Gears Up for Major Asset Acquisition

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

Harbour Energy has announced the publication of a Circular and Prospectus for its shareholders, detailing the proposed acquisition of Wintershall Dea AG’s oil and gas assets, valued at $10.5 billion. The assets include 1,117 mmboe of 2P reserves and 1,238 mmboe of 2C contingent resources, and the completion of the acquisition is expected in the fourth quarter of 2024, with all necessary regulatory approvals on track. The company has provided detailed information and a summary presentation on its website for further review by interested parties.

For further insights into GB:HBR stock, check out TipRanks’ Stock Analysis page.

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