Market Reaction: Slightly positive on the covenants renegotiations and operating cash flow at the top of the consensus. While it is not clear how much Solan will contribute to production in 2015, we view the fact that this key asset remains on track for first oil in 4Q15 as reassuring. The Company is holding a presentation today at 09:30 UK time
20 Aug 2015
1H15 RESULTS
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1H15 RESULTS
Harbour Energy Plc (HBR:LON) | 281 -8.1 (-1.0%) | Mkt Cap: 2,164m
- Published:
20 Aug 2015 -
Author:
Stephane Foucaud -
Pages:
2
Market Reaction: Slightly positive on the covenants renegotiations and operating cash flow at the top of the consensus. While it is not clear how much Solan will contribute to production in 2015, we view the fact that this key asset remains on track for first oil in 4Q15 as reassuring. The Company is holding a presentation today at 09:30 UK time