Archive for March, 2011

Harvest Natural Resources Sells Utah Assets to Newfield for $215 Million; Pays Down Debt; Refocuses on International Portfolio; Drilling Ahead in Indonesia; Getting Ready to Spud in Gabon

On March 22, 2011, Harvest Natural Resources (ticker: HNR) announced it sold all of its Utah oil assets to an affiliate of Newfield Exploration Company (ticker: NFX) for $215 million in cash. The sale has an effective date of March …

March 22, 2011 - 5:46 pm Oil and Gas 360 Articles

Harvest Reports Q4'10 Results; Operations Execution Provides Positive Reserve Growth on All Fronts

On March 16, 2011, Harvest Natural Resources (ticker: HNR) announced Q4’10 and year-end 2010 financial results.

HNR reported a Q4’10 net loss of $4.0 million, or $0.12 per share, compared to a net income of $5.1 million, or $0.15 per …

March 17, 2011 - 5:58 pm Oil and Gas 360 Articles

Small caps that generate lots of free cash flow: New Investment Idea of the Week

Small caps that generate lots of free cash flow: New Investment Idea of the Week

March 16, 2011 - 1:49 pm 360 Company Releases

Harvest Reports 17% Increase in Proved Reserves, U.S. 3P Reserves Rise to 86.4 MMBOE from 0.4 MMBOE Last Year and Provides Operations Update

On March 2, 2011, Harvest Natural Resources (ticker: HNR) announced an increase in reserves for both its U.S. and Venezuela operations and provided an operations update.

HNR’s total proved reserves for 2010 increased 17% to 54.6 million barrels of oil …

March 3, 2011 - 6:00 pm Oil and Gas 360 Articles