19th Dec 2023 09:34
Harbour Energy PLC - London-based oil and gas company with operations in the UK North Sea, Norway, Mexico, Indonesia and Vietnam - Notes announcement by operator Mubadala Energy, an Abu Dhabi-based oil and gas company, that the Layaran-1 well in Indonesia recently made a significant gas discovery on the South Andaman licence in offshore North Sumatra. Harbour Energy holds a 20.0% stake in the South Andaman licence. Says Layaran-1 is the first of a four well exploration campaign. Adds that rig will now move to drill the Halwa and Gayo wells on the Andaman II licence.
Current stock price: 238.50 pence, up 1.9% on Tuesday morning in London
12-month change: down 22%
By Emma Curzon, Alliance News reporter
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