23 Aug 2021listing compliance notice▼ BadMajor
HARVEST NATURAL RESOURCES, INC. terminated the registration of a class of securities, ending its reporting obligation for them.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 Oct 2017dividend declaration▲ GoodMajor
The end, and the number that matters: Harvest dissolved on 4 May 2017 after a shareholder vote in February, and paid holders $5.75 a share in cash on the same day. The stock stopped trading, the register was closed, and in August the board decided to stop filing most SEC reports. Unlike most companies that reach this point, Harvest's shareholders were paid - the proceeds of the Venezuelan and Gabon sales reached them rather than the creditors.
25 May 2017listing compliance notice▼ BadMajor
HARVEST NATURAL RESOURCES, INC. suspended its duty to file periodic reports with the SEC.
25 May 2017listing compliance notice▼ BadMajor
HARVEST NATURAL RESOURCES, INC. suspended its duty to file periodic reports with the SEC.
25 May 2017listing compliance notice▼ BadMajor
HARVEST NATURAL RESOURCES, INC. suspended its duty to file periodic reports with the SEC.
25 May 2017listing compliance notice▼ BadMajor
HARVEST NATURAL RESOURCES, INC. suspended its duty to file periodic reports with the SEC.
25 May 2017listing compliance notice▼ BadMajor
HARVEST NATURAL RESOURCES, INC. deregistered its securities, ending its obligation to file reports with the SEC.
25 May 2017listing compliance notice▼ BadMajor
HARVEST NATURAL RESOURCES, INC. suspended its duty to file periodic reports with the SEC.
8 May 2017listing compliance notice● NeutralMajor
HARVEST NATURAL RESOURCES, INC.'s exchange filed to remove a class of its securities from listing.
5 May 2017securities registration● Neutral
HARVEST NATURAL RESOURCES, INC. amended an already-effective registration statement.
5 May 2017securities registration● Neutral
HARVEST NATURAL RESOURCES, INC. amended an already-effective registration statement.
5 May 2017securities registration● Neutral
HARVEST NATURAL RESOURCES, INC. amended an already-effective registration statement.
5 May 2017securities registration● Neutral
HARVEST NATURAL RESOURCES, INC. amended an already-effective registration statement.
3 May 2017security holder rights change● Neutral
The February rights plan was amended so that it would survive the company's dissolution - keeping the takeover defence alive over a shell whose only asset was the cash still to be distributed.
25 Apr 2017director interest notice● Neutral
HARVEST NATURAL RESOURCES, INC. President & CEO James A Edmiston exercised options for 250,000 shares.
20 Apr 2017director interest notice● Neutral
HARVEST NATURAL RESOURCES, INC. Vice President Keith L Head exercised options for 116,131 shares, with 87,761 withheld for taxes.
19 Apr 2017director officer appointment● Neutral
James Edmiston's employment contract, in place since 2009, was cancelled because winding the company up no longer needed a full-time chief executive. He stayed on as chief executive and director under a consulting arrangement to see the liquidation through.
13 Apr 2017asset acquisition disposition▲ GoodMajor
The Gabon sale closed for about $32 million in cash. With that, Harvest owned no oil and gas anywhere: everything left was money in the bank, waiting to be handed to shareholders.
12 Apr 2017director interest notice● Neutral
HARVEST NATURAL RESOURCES, INC. Vice President Keith L Head exercised stock options for 25,619 shares and disposed of 51,238 shares.
12 Apr 2017director interest notice● Neutral
HARVEST NATURAL RESOURCES, INC. President & CEO James A Edmiston exercised stock options for 220,500 shares and disposed of 441,000 shares.
10 Mar 2017director interest notice● Neutral
HARVEST NATURAL RESOURCES, INC. VP Engineering & Business Dev Karl L Nesselrode exercised options for 144,750 shares, with 89,630 withheld for taxes.
10 Mar 2017director interest notice● Neutral
HARVEST NATURAL RESOURCES, INC. Chief Financial Officer Stephen C Haynes exercised options for 128,838 shares, with 98,716 withheld for taxes.
10 Mar 2017director interest notice● Neutral
HARVEST NATURAL RESOURCES, INC. Senior Vice President Robert Speirs exercised options for 151,777 shares, with 100,740 withheld for taxes.
7 Mar 2017director interest notice● Neutral
HARVEST NATURAL RESOURCES, INC. Senior Vice President Robert Speirs exercised stock options for 33,474 shares and disposed of 66,948 shares.
6 Mar 2017director interest notice● Neutral
HARVEST NATURAL RESOURCES, INC. Chief Financial Officer Stephen C Haynes exercised stock options for 28,413 shares and disposed of 56,826 shares.
23 Feb 2017listing compliance notice▲ GoodMajor
the New York Stock Exchange certified HARVEST NATURAL RESOURCES, INC.'s securities for listing, clearing them to begin trading.
21 Feb 2017security holder rights change● Neutral
Days before shareholders voted on winding the company up, the board adopted a fresh rights plan and paid out one preferred-share purchase right for every ordinary share - a defence against anyone buying up the stock cheaply to capture the cash the liquidation was about to distribute.
14 Feb 2017substantial holder notice● Neutral
NUT TREE CAPITAL MANAGEMENT, LP, NUT TREE CAPITAL MANAGEMENT GP, LLC, JARED R. NUSSBAUM disclosed a new substantial HARVEST NATURAL RESOURCES, INC. shareholding (9.96% of votes).
14 Feb 2017substantial holder notice● Neutral
Alta Fundamental Advisers LLC, Jeremy Carton, Gilbert Li disclosed a new substantial HARVEST NATURAL RESOURCES, INC. shareholding (9.93% of votes).
28 Dec 2016material agreement▲ GoodMajor
With Venezuela gone, Harvest agreed to sell its last operating asset too: 100% of the Dussafu subsidiary holding a 66.67% interest in the Gabon licence, to BW Energy Gabon for $32 million, $2.5 million of it held back in escrow. The company was now selling itself for parts, deliberately.