Venezuela oil minister says he won't block Harvest Natural sale

|About: Harvest Natural Resources, ... (HNR)|By:, SA News Editor

Harvest Natural Resources (HNR +1.1%) pops on sharply higher volume on headlines that Venezuela's oil minister says he will not block a sale of the company's assets in the country.

HNR has said it planned to spin off its non-Venezuelan assets, including stakes in Gabon, Indonesia, Colombia and China to HNR shareholders, if a $373M sale of the Venezuelan assets to Pluspetrol Venezuela is completed.