Harbour Energy to acquire Waldorf subsidiaries for $170m

Harbour Energy has signed an agreement to acquire substantially all subsidiaries of Waldorf Energy Partners and Waldorf Production, both currently in administration, for $170m (£127.1m). Under the agreement, Harbour will increase its stake in the operated Catcher field from 50% to 90%. Catcher is a conventional oilfield located in shallow water in the UK. The partnership in this field was earlier made up of Premier Oil UK (Harbour Energy) (50%), Waldorf CNS, Waldorf Production UK (40%) and ONE-Dyas E&P ...