StockMarketWire.com - Harbour Energy said fiscal 2021 production was now expected to be at the low of guidance following as the impact of planned maintenance weighed on output.

2021 proforma or reported production was now expected to be at the low end of between 200,000-to-215,000 barrels of oil equivalent per day and 185,000-to-200,000 boepd guidance.

Proforma production in the year through May averaged 197,000 boepd, reflecting the 'impact of a number of planned shutdowns, both in the UK North Sea and internationally,' the company said.

For the five months to 31 May 2021, Operating costs were $15.7 per boe 'due to lower production volumes forecast full year operating costs now $15-$16/boe,' the company said.

Harbour Energy was formed on 31 March following the all share merger between Chrysaor Holdings and Premier Oil. The integration was progressing as planned, the company said.








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