Equity investors love Harvest Natural Resources' (HNR +72.7%) sale of its Venezuelan interests...

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

Equity investors love Harvest Natural Resources' (HNR +72.7%) sale of its Venezuelan interests to Indonesia's national oil company for $725M. But what's left at HNR? The Venezuelan operation includes 43M boe of proved reserves, but HNR's exploration leases in Indonesia, Gabon, Oman and China haven't produced anything yet. Revenues likely are a long way off.