The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHarbour Energy Share News (HBR)

Share Price Information for Harbour Energy (HBR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 312.00
Bid: 310.00
Ask: 310.40
Change: 2.80 (0.91%)
Spread: 0.40 (0.129%)
Open: 307.90
High: 313.10
Low: 307.70
Prev. Close: 309.20
HBR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: BlueRock hit by extreme weather; Harbour drills well

Mon, 11th Jul 2022 19:15

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

----------

BlueRock Diamonds PLC - diamond producer focused on South Africa - Produces 139,531 tonnes during the second quarter of 2022, up 4% from 134,510 tonnes produced the previous year. Produces 2,699 carats, down 47% from 5,106 the previous year. Sells at an average price per carat of USD575.66, up 35% from USD427.78 a year prior. Company says extreme weather conditions resulted in a "disappointing quarter". Chair Mike Houston says: "During the period, the company had limited access to fresh kimberlite resulting in the feed to the plant being a lower grade plus having a higher percent of fines/clay material, which are more susceptible to wet conditions and impacted negatively on throughput tonnage." Adds that weather conditions have improved over the past month and that the market has remained "buoyant" for non-Russian rough diamonds.

----------

Alphawave IP Group PLC - London-based connectivity technology provider - Sutardja Family LLC, a company associated with Executive Director Sehat Sutardja, buys 52,480 shares at GBP1.28 each on Friday. The Sutardja Family now holds 13% of the company's issued share capital.

----------

Randall & Quilter Investment Holdings Ltd - Bermuda-based specialty non-life insurance company - Raises USD5.5 million in an open offer through the issue 4.4 million shares. This takes the total proceeds of the company's fundraise to USD129.5 million. Chair William Spiegel says: "We are pleased to confirm the completion of our fundraise, with the strong level of investor appetite demonstrated by the significant upsizing of this to circa USD129.5 million in total. This new capital means R&Q enters the second half of the year with the balance sheet strength needed to underpin the growth we are seeing in Program Management and our well-established position as a leading global provider of Legacy Insurance solutions."

----------

Seplat Energy PLC - Lagos-based energy company focused on Nigeria - Notes court action from the Nigerian National Petroleum Company Ltd in relation to the acquisition of Mobil Producing Nigeria Unlimited. NNPC have requested the State High Court to declare that a dispute occurred between itself and MPNU in relation to the interpretation of pre-emption rights under their joint operating agreement. Says neither Seplat Energy nor Seplat Energy Offshore Ltd is a party in the suit. Adds it cannot provide further comment.

----------

SLF Realisation Fund Ltd - realising all remaining assets in portfolio of ordinary share class and 2016 C share class - Announces it will return 1 pence per share to its ordinary shareholders, around GBP3.6 million based on current numbers in issue, and 5 pence per share to its C shareholders, around GBP6.9 million. The distributions will be done by way of an issue of redeemable B shares and D shares to existing shareholders.

----------

Harbour Energy PLC - independent oil and gas company - Completes drilling of Timpan-1 exploration well, offshore Indonesia. Well drilled to a total vertical depth of 13,818 feet subsea and encountered 390 foot gas column. The well flowed on test at 27 million standard cubic feet per day of gas and 1,884 barrels of oil per day of associated 58 degrees API condensate through a 56/64 inch choke. President Director Gary Selbie says: "We are encouraged by the result of this play-opening exploration well and potentially building on our successful operating history in Indonesia. We look forward to working with our partners and the Government of Indonesia to determine the potential for commercialisation of this important discovery."

----------

EnSilica PLC - Oxfordshire, England-based semiconductor designer and supplier with design centres in India and Brazil - Hires an application specific integrated circuits implementation team and buys related non-core assets from Blu Wireless Technologies Ltd. Also acquires related design flow intellectual property used by Blu Wireless for a non-material cash payment. Additionally, EnSilica will partner with Blu Wireless to support the deployment of a communication processor IP solution called Hydra from Blu Wireless.

----------

Cellular Goods PLC - London-based consumer products with lab-made cannabinoids - Launches mini-size formats for its Rejuvenating Cannabinoid Face Serum and its Calming Cannabinoid After Shaving Moisturiser. Says they are design to provide an entry-level price point to encourage more consumers to trial the products or buy them as gifts.

----------

By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
9 Mar 2023 11:10

Harbour Energy profit rockets, but is snapped up by UK windfall tax

(Alliance News) - Harbour Energy PLC on Thursday warned that it will shift its focus away from the UK, after voicing its discontent that the windfall tax "all but wiped out" its extraordinary annual profit.

Read more
9 Mar 2023 08:02

Harbour Energy slams UK windfall tax as profits 'all but wiped out'

(Sharecast News) - North Sea oil producer Harbour Energy said windfall taxes had "all but wiped out" its full-year profits and forced it to cut jobs and investment.

Read more
8 Feb 2023 14:20

IN BRIEF: Harbour Energy Chair Thomas sells GBP4.7 million in shares

Harbour Energy PLC - North Sea-focused oil and gas formed from merger of Premier Oil and Chrysaor Holdings - Chair Blair Thomas sells 1.5 million shares via EIG Separate Investments Cayman LP at GBP3.10 each, worth about GBP4.7 million, in London on Friday.

Read more
20 Jan 2023 09:25

LONDON BROKER RATINGS: Bank of America raises Asos, boohoo to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
20 Jan 2023 07:51

LONDON BRIEFING: UK retail sales fall in December; US Fed to stay firm

(Alliance News) - Stock prices in London were set to open higher on Friday, despite a warning about higher-for-longer US interest rates and an unexpected fall in UK retail sales in December.

Read more
19 Jan 2023 10:38

Harbour Energy produces more oil in 2022; to pay higher windfall tax

(Alliance News) - Harbour Energy PLC on Thursday said it produced more oil in 2022, and it noted it will pay a higher windfall tax in the UK than previously estimated, following the UK government's announcement in November of an increase to the levy.

Read more
19 Jan 2023 08:02

Harbour Energy FY production grows, will review UK operations

(Sharecast News) - Oil and gas company Harbour Energy said on Thursday that full-year production had increased just 24 hours after confirming it is reviewing its UK operations following a hike in the windfall tax rate in 2022.

Read more
18 Jan 2023 16:20

Harbour Energy reviewing organisation in UK, cites windfall tax

(Sharecast News) - Oil and gas company Harbour Energy confirmed on Wednesday that it is reviewing its organisation in the UK following a hike in the windfall tax last year.

Read more
18 Jan 2023 15:53

Harbour Energy warns of job cuts because of hike in windfall tax

(Alliance News) - Harbour Energy PLC on Wednesday told staff it is planning to cut jobs, according to sources, as the business confirmed it was reviewing its organisation in the country.

Read more
17 Jan 2023 11:51

UK oil and gas licensing round attracts 115 bids

LONDON, Jan 17 (Reuters) - Britain's first oil and gas exploration licensing round since 2019 attracted 115 bids, up from 104 in the last round, with the licences likely to be awarded from the second quarter, the North Sea Transition Authority (NSTA) said on Tuesday.

Read more
12 Jan 2023 15:47

UK earnings, trading statements calendar - next 7 days

Friday 13 January 
DFS Furniture PLCTrading Statement
MJ Gleeson PLCTrading Statement
Taylor Wimpey PLCTrading Statement
Monday 16 January 
Ashmore Group PLCTrading Statement
Hercules Site Services PLCFull Year Results
Knights Group Holdings PLCHalf Year Results
Rio Tinto PLCTrading Statement
Tuesday 17 January 
Alliance Pharma PLCTrading Statement
Card Factory PLCTrading Statement
Crest Nicholson Holdings PLCFull Year Results
Experian PLCTrading Statement
Genel Energy PLCTrading Statement
Hays PLCTrading Statement
Henry Boot PLCTrading Statement
IntegraFin Holdings PLCTrading Statement
Ocado Group PLCTrading Statement
Petra Diamonds LtdTrading Statement
Ramsdens Holdings PLCFull Year Results
Safestore Holdings PLCFull Year Results
THG PLCTrading Statement
Wise PLCTrading Statement
Wednesday 18 January 
Associated British Foods PLCTrading Statement
Burberry Group PLCQ3 Results
Currys PLCTrading Statement
Diploma PLCTrading Statement
Galliford Try Holdings PLCTrading Statement
Gateley Holdings PLCTrading Statement
Ibstock PLCTrading Statement
Kenmare Resources PLCTrading Statement
Liontrust Asset Management PLCTrading Statement
Midwich Group PLCTrading Statement
Pearson PLCTrading Statement
Rathbones Group PLCTrading Statement
Vistry Group PLCTrading Statement
QinetiQ Group PLCTrading Statement
WH Smith PLCTrading Statement
Thursday 19 January 
AJ Bell PLCTrading Statement
Bakkavor Group PLCTrading Statement
BHP Group LtdTrading Statement
boohoo Group PLCTrading Statement
Centamin PLCTrading Statement
Deliveroo PLCTrading Statement
Dunelm Group PLCTrading Statement
Energean PLCTrading Statement
Frontier Developments PLCHalf Year Results
Harbour Energy PLCTrading Statement
Headlam Group PLCTrading Statement
Ilika PLCHalf Year Results
Kier Group PLCTrading Statement
Luceco PLCTrading Statement
Network International Holdings PLCTrading Statement
Premier Foods PLCTrading Statement
Sage Group PLCTrading Statement
Zotefoams PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
9 Jan 2023 09:49

LONDON BROKER RATINGS: Peel Hunt raises real estate; UBS cuts Ashmore

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
4 Jan 2023 09:38

LONDON BROKER RATINGS: Bernstein cuts Aveva to 'market-perform'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
20 Dec 2022 20:29

GLOBAL BUSINESS: Bristol-Myers wins approval for Breyanzi in Japan

(Alliance News) - The following is a round-up of updates by global companies, issued on Tuesday and not separately reported by Alliance News:

Read more
19 Dec 2022 12:20

LONDON MARKET MIDDAY: Stocks in Europe start festive week cheerfully

(Alliance News) - Stock prices in London were higher at midday on Monday, at the beginning of a three-week Christmas and New Year holiday stretch.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.