Michele Maatouk Sharecast News
13 May, 2024 10:25

Harbour Energy notes 'significant' gas discovery in Indonesia

dl harbour energy everest platform oil gas offshore rig ftse 250
Harbour EnergyCompany photo / Harbour Energy

Harbour Energy

307.00p

16:34 06/06/24
0.36%
1.10p

Harbour Energy noted on Monday that operator Mubadala Energy has made a "significant" discovery at the Tangkulo-1 exploration well on the South Andaman licence in Indonesia, in which it has a 20% interest.

FTSE 250

20,715.88

16:50 06/06/24
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FTSE 350

4,566.54

16:44 06/06/24
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FTSE All-Share

4,521.73

17:04 06/06/24
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Oil & Gas Producers

8,941.09

16:44 06/06/24
0.67%
59.77

This follows the major discovery at Layaran-1 well on South Andaman in December 2023, Harbour said.

"The rig will now move to appraise the Layaran discovery, marking the final well of this exploration and appraisal campaign," it added.

At 1025 BST, the shares were up 2.9% at 308.62p.

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