Harbour Energy plc on Thursday narrowed upwards production guidance and unveiled a $100m share buyback as it reported a jump in half-year adjusted earnings.
Guidance was lifted to 460,000-475,000 barrels of oil equivalent a day (kboepd) from 455-475 kboepd, with the divestment of Harbour's Vietnam business more than offset by a strong production performance to date.
Adjusted EBITDAX rose to $3.88bn from $1.25bn.
Reporting by Frank Prenesti for Sharecast.com
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