Business
Regulatory information on the acquisition of LLOG
Harbour Energy plc is providing further regulatory information regarding its acquisition of LLOG Exploration Company, L.L.C. for $3.2 billion, comprising $2.7 billion in cash and $0.5 billion in Harbour shares, which is expected to complete in Q1 2026. The company has also agreed to sell its Indonesian assets for $215 million and acquire Waldorf subsidiaries for $170 million, both expected to complete in Q2 2026. Harbour has secured a $1 billion bridge facility and a $1 billion term loan for the LLOG acquisition, and its financial position remains unchanged since June 30, 2025, with no significant litigation impacting its profitability. Disclaimer*
About this update from Harbour Energy Plc
[{"type":"text","content":"\n\n \n \nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION.\n \nHarbour Energy plc\n(\"Harbour\" or the \"Company\")\nFurther regulatory information regarding the acquisition of LLOG Exploration Company, L.L.C. by Harbour\n16 January 2026\n \n \nOn 22 December 2025, Harbour announced that it had entered into an agreement to acquire LLOG Exploration Company, L.L.C. (\"LLOG\") from LLOG Holdings, L.L.C. for $3.2 billion, comprising $2.7 billion cash and $0.5 billion of Harbour's voting ordinary shares (the \"Acquisition\"). Capitalised terms used but not otherwise defined in this announcement have the same meaning given to them in the announcement dated 22 December 2025.\n \nUK Listing Rules: further regulatory information\n \nThe Acquisition, because of its size in relation to Harbour, constitutes a Significant Transaction for the purposes of the UK Listing Rules (UKLR 7) and is therefore notifiable in accordance with UKLR 7.3.1R and 7.3.2R. Additional details, as required under UKLR 7, Annex 2, Part 3 (Non‑financial information), are set out below.\n \nSignificant change\n \nHarbour\nThere has been no significant change in the financial position of the Harbour group since 30 June 2025, being the end of the last period for which financial information for the Harbour group has been published.\n \nMaterial Contracts\n \nHarbour\nThe following is a summary of those material contracts, not being contracts entered into in the ordinary course of business, which have been entered into by Harbour or any member of the Harbour group within the two years immediately preceding the date of this announcement, and of those other contracts, not being contracts entered into in the ordinary course of business by any member of the Harbour group, that contain provisions under which Harbour and/or any member of the Harbour group has an obligation or entitlement which is or may be material to the Harbour group as at the date of this announcement.\n \nStrategic Transactions:\n \nAcquisition of LLOG\n \nOn 22 December 2025, Harbou...