Harbour Energy Expands North Sea Footprint With $170M Acquisition
SeaSea(US:SE) ZACKS·2025-12-18 04:25

Key Takeaways HBRIY agreed to buy most Waldorf subsidiaries for 170M,withdealcompletionexpectedinQ22026.HBRIYwillraiseCatcherfieldstaketo90170M, with deal completion expected in Q2 2026.HBRIY will raise Catcher field stake to 90% and add a 29.5% non-operating interest in the Kraken oil field.HBRIY expects 20,000 boe/day output growth, 35M barrels of 2P reserves, and added tax benefits.On Dec.12, 2025, Harbour Energy (HBRIY) struck a 170 million deal to strengthen its UK North Sea portfolio by acquiring all subsidiaries of Waldorf Energy Partners Ltd. and Waldorf Production Ltd. ...