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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Harvest Natural Resources (delisted) | NYSE:HNR | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.62 | 0 | 01:00:00 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) February 13, 2019
Harvest Natural Resources, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
1-10762 | 77-0196707 | |
(Commission File Number) | (IRS Employer Identification No.) | |
5956 Sherry Lane, Suite 1000 Dallas, Texas |
75225 | |
(Address of Principal Executive Offices) | (Zip Code) |
(214) 451-6909
(Registrants Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 |
Other Events. |
In its Current Report on Form 8-K filed with the Securities and Exchange Commission (the SEC) on March 2, 2018, Harvest Natural Resources, Inc. (the Company) reported on the initiation of its lawsuit in the U.S. District Court for the Southern District of Texas against various defendants relating to matters emanating from the Companys two prior attempts to sell its Venezuelan assets before it was finally able to sell those assets in a third transaction. In its Current Report on Form 8-K filed with the SEC on November 28, 2018, the Company reported that there was one remaining defendant in the lawsuit, Rafael Dano Ramirez Carreno. In its Current Report on Form 8-K filed with the SEC on December 26, 2018, the Company reported that the court granted its motion for default judgment against Mr. Ramirez in the amount of $472 million.
On January 2, 2019, the Company filed a motion for a corrected judgment to treble the amount of the default judgment as mandated by the Racketeer Influenced and Corrupt Organizations Act. On February 13, 2019, the court entered an order to modify its December 2018 judgment to treble the damages due to the Companyfrom $472 million to $1.4 billion--and granted the Companys request to seek unspecified attorneys fees, expenses, and costs at a later time.
The Company will continue to consider its options to attempt to realize collection on this judgment. There can be no assurances that the Company will be able to successfully realize collection of all or part of the judgment.
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
HARVEST NATURAL RESOURCES, INC. | ||||||
Date: February 18, 2019 | By: |
/s/ Harva Dockery |
||||
Harva Dockery | ||||||
Agent |
3
1 Year Harvest Natural Chart |
1 Month Harvest Natural Chart |
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