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
March 3, 2011
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 equivalent (MMBOE), and its 2P reserves increased 42% to 118.9 MMBOE. Uintah Basin, Utah Reserves Highlights (Reserves numbers below are
