Harbour Energy PLC. Stock Analysis HBR.L

Harbour Energy Plc is an oil and gas company, which engages in the acquisition, exploration, development, and production of oil and gas reserves and related activities. The firm is producing between 455,000 and 475,000 barrels of oil equivalent per day with significant production in Norway, the United Kingdom, Germany, Argentina and North Africa. The company also focuses on the near-infrastructure opportunities in Norway, unconventional scalable opportunities in Argentina and conventional offshore projects in Mexico and Indonesia. The company operates four producing fields in Norway, including Maria (50% interest), Dvalin (55% interest), Nova (39% interest) and Vega (56.7% interest). Its UK offshore operating positions include the Greater Britannia Area, J-Area, AELE, Catcher Area and Tolmount Area. Its other UK North Sea interests include East Irish Sea, Galleon, Ravenspurn North and Johnston. Its three production hubs in Germany include Mittelplate, an oil producing field, Langwedel-Holtenbuttel/Gas Nord, which includes the major Volkersen gas field, and the Emlichheim heavy oil field.