Harbour Energy holds guidance

Harbour Energy held full-year guidance after a reporting a strong first quarter.

In a statement ahead of the company’s annual general meeting, the North Sea oil and gas producer said it averaged 202,000 barrels of oil equivalent per day (kboepd), down 13,000 barrels a day compared to the first quarter of 2022, with new wells offsetting natural decline.

Chief executive Linda Cook said Harbour was on track to meet full-year guidance of 185,000 – 200,000 kboepd.

Reporting by Frank Prenesti for Sharecast.com