Harbour Energy holds guidance
Harbour Energy
297.90p
15:24 29/04/24
1.53%
4.50p
Harbour Energy held full-year guidance after a reporting a strong first quarter.
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In a statement ahead of the company’s annual general meeting, the North Sea oil and gas producer said it averaged 202,000 barrels of oil equivalent per day (kboepd), down 13,000 barrels a day compared to the first quarter of 2022, with new wells offsetting natural decline.
Chief executive Linda Cook said Harbour was on track to meet full-year guidance of 185,000 – 200,000 kboepd.
Reporting by Frank Prenesti for Sharecast.com