September 30, 2019

Harbour Energy Completes Second Major Oil & Gas Acquisition Welcomes Greg Hill to Board of Directors

Harbour Energy, Ltd. (“Harbour Energy” or “Harbour’’) today announced completion of the acquisition of ConocoPhillips’ UK oil and gas business (“ConocoPhillips UK”) for $2.675 billion. The transaction was completed through Harbour’s North Sea subsidiary, Chrysaor Holdings Limited. The transaction has an effective date of 1 January 2018.
April 18, 2019

Chrysaor to Acquire ConocoPhillips’ UK Oil and Gas Business for $2.675 Billion

Chrysaor Holdings Limited (“Chrysaor” or “the Company”) is to acquire ConocoPhillips’ UK oil and gas business (“ConocoPhillips UK”) for $2.675 billion. The assets being acquired produced approximately 72,000 barrels of oil equivalent per day (boepd) in 2018. This acquisition increases Chrysaor’s pro forma 2018 production to 177,000 boepd, making Chrysaor one of the largest oil and gas producers in the UK North Sea. The transaction has an effective date of 1 January 2018 and is expected to complete in late 2019, subject to regulatory approval and other specific conditions precedent.