Harbour has acquired UK North Sea E&P Waldorf Production, which has a non-operated production portfolio and significant tax losses. The deal reduces Harbour’s UK tax exposure, comes with a c. US$350m decommissioning provision release, and increases short-term production cashflows.
15 Dec 2025
Harbour Energy (HBR LN) - Acquisition of Waldorf Production - BUY
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Harbour Energy (HBR LN) - Acquisition of Waldorf Production - BUY
Harbour Energy Plc (HBR:LON) | 185 0.2 0.1% | Mkt Cap: 3,066m
- Published:
15 Dec 2025 -
Author:
Daniel Slater, CFA -
Pages:
5 -
Harbour has acquired UK North Sea E&P Waldorf Production, which has a non-operated production portfolio and significant tax losses. The deal reduces Harbour’s UK tax exposure, comes with a c. US$350m decommissioning provision release, and increases short-term production cashflows.