Tuesday, February 3, 2026

Harvest Natural Resources: International Pure-Play Confirming New Exploration Potential

Harvest Natural Resources’ (ticker: HNR) exploration projects around the world took one step closer to coming to fruition. The company greatly de-risked its Budong-Budong exploration project in Indonesia, and successfully drilled a horizontal well in an untested Venezuelan field. In Indonesia, Harvest drilled the Lariang LG-1 exploration well (64.4% WI) on the Budong Budong Block PSC to 5,311 feet with

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