Harvest reports extension of share purchase agreement

Harvest Natural Resources Inc.

Harvest Natural Resources Inc. (NYSE: HNR) says that Petroandina Resources Corp. NV has elected to extend the current Oct. 7 termination date under the share purchase agreement, dated Dec. 16, 2013, for a period of one month. 

As a result of Petroandina's extension and in accordance with the share purchase agreement, Harvest has elected to request disbursement of an additional $2.0 million loan from Petroandina during such extension.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...