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HBR Harbour Energy Plc

304.10
-5.30 (-1.71%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Harbour Energy Plc LSE:HBR London Ordinary Share GB00BMBVGQ36 ORD 0.002P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.30 -1.71% 304.10 306.00 307.00 315.00 304.90 315.00 933,349 16:35:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

BP to Sell North Sea Interests to Premier Oil for $625 Million

07/01/2020 8:01am

Dow Jones News


Harbour Energy (LSE:HBR)
Historical Stock Chart


From Jul 2019 to Jul 2024

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   By Ian Walker 
 

BP PLC (BP.LN) said Tuesday that it is selling its interests in the Andrew area in the central U.K. North Sea and its nonoperating interest in the Shearwater field to Premier Oil PLC (PMO.LN) for $625 million.

The oil major said the sale is part of the company's planned $10 billion asset-divestment program, and its focus on core growth areas in the North Sea.

The sale is expected to complete by the end of the third quarter of this year, the company said.

BP operates the Andrew assets and has a 27.5% stake in the Royal Dutch Shell PLC (RDSA.LN)-operated Shearwater field.

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

January 07, 2020 02:46 ET (07:46 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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