Incorporated in 1988, Harvest operated as a publicly held independent energy company engaged in the development and production of oil and gas properties from 1989 until May 2017. Its strategy was to identify and exploit oil and gas reserves in underdeveloped areas while seeking to minimize associated risk. During this period, Harvest acquired, operated, and sold or otherwise disposed of oil and gas properties in several countries.

On February 23, 2017, Harvest's stockholders authorized its dissolution following the sale of its last remaining operating assets. On May 4, 2017, Harvest dissolved, and the listing of its common stock on the New York Stock Exchange was terminated. As a dissolved corporation under Delaware law, Harvest no longer operates as an oil and gas company but must continue to exist for at least three years solely for the purpose of liquidating and winding up.

For more detailed information about Harvest's historical operations and its dissolution, you can read its filings with the US Securities and Exchange Commission at www.sec.gov.


Recent News

Harvest Natural Resources Confirms Payment Of Dividend, Termination Of Trading, And Time Of Dissolution / Read More

May 3, 2017


HOUSTON, May 3, 2017 /PRNewswire/ -- Harvest Natural Resources, Inc. (Harvest or the Company) (NYSE:HNR) today announced that, in accordance with its previously articulated plan, it expects that the payment of a cash dividend (characterized for U.S. federal tax purposes as a liquidating distribution) of $5.75 per share to the stockholders of record on April 24, 2017 will be completed on May 4, 2017, and trading in Harvest's stock on the New York Stock Exchange will be terminated after the close of business on May 4. Since the record date of April 24, the stock has been trading on a due bill (rather than an ex dividend) basis and will continue to do so until the close of business on May 4.

 

Harvest Natural Resources Declares Cash Dividend / Read More

April 13, 2017


HOUSTON, April 13, 2017 /PRNewswire/ -- In accordance with previously announced plans to consider the declaration of a pre-dissolution dividend as part of its overall plan of complete dissolution and liquidation, Harvest Natural Resources, Inc. (Harvest or the Company) (NYSE:HNR) today announced that its board of directors declared a cash dividend of $5.75 per share of its common stock to all holders of record as of April 24, 2017. The company expects that the dividend, which will be characterized as a liquidating distribution, will be paid approximately 10 days after the record date.

 

Harvest Natural Resources Announces Closing of Sale of Gabon Interests and Payoff of the Delta Petroleum Note / Read More

April 10, 2017


HOUSTON, April 10, 2017 /PRNewswire/ -- HNR Energia B.V., a wholly-owned subsidiary of Harvest Natural Resources, Inc. (Harvest or the Company) (NYSE:HNR) closed the sale of all of its Gabon interests in accordance with a previously announced Sale and Purchase Agreement dated December 21, 2016 among Harvest, HNR Energia B.V. and BW Energy Gabon Pte. Ltd, a private Singapore company.