Harbour Energy Excludes US Listing, Focuses on Operated Assets in Global M&A Approach
Harbour Energy, a prominent player in the energy sector, has recently announced its decision to rule out a US listing and instead shift its focus towards acquiring operated assets on a global scale. This strategic move aims to leverage both organic investment opportunities and mergers and acquisitions to drive growth.
Led by Linda Cook, Harbour Energy’s chief executive, the company is setting its sights on tapping into its existing 1.8 billion barrels of best estimate contingent resources to fuel expansion. By targeting operated assets, Harbour Energy is aiming to strengthen its position in key regions such as the UK North Sea, Algeria, and Vietnam.
This shift in strategy underscores Harbour Energy’s commitment to strategic growth and development in the evolving energy landscape. Stay tuned for further updates on Harbour Energy’s global M&A push and organic investment ventures.
