Seeking Alpha

Harvest Natural Resources (HNR) announces the termination of the deal to sell its Venezuelan...

Harvest Natural Resources (HNR) announces the termination of the deal to sell its Venezuelan interests for $725M as the Indonesian government - the owner of the buyer - votes not to approve. Shares -23.5% to $7.01, but the stock was below $5 before the deal was announced last summer. (PR)
From other sites
Comments (1)
  • Mike Walker
    , contributor
    Comments (370) | Send Message
     
    Venezuela - heartbreak hotel for the entire oil biz.

     

    PDVSA claims they will drill 10500 wells in the Orinoco and ramp production to 4MM BOPD over the next 5 years. Pure fantasy of course.
    20 Feb 2013, 07:36 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs