Current HNR Stock Info

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 16.5 pound per gallon mud, and encountered multiple hydrocarbon shows and high pressures in the Miocene formation. The well was plugged and aba...

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