REG - Harbour Energy PLC - Report on Payments to Govts

Harbour EnergyAnnouncement

23/05/2024 17:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240523:nRSW7195Pa&default-theme=true

RNS Number : 7195P  Harbour Energy PLC  23 May 2024

HARBOUR ENERGY PLC

("Harbour" or the "Company")

Report on Payments to Governments for the year ended 31 December 2023

Harbour today provides information in accordance with DTR 4.3A in respect of
payments made by the Company to governments for the year ended 31 December
2023 and in compliance with The Reports on Payments to Governments Regulations
2014 (SI 2014/3209).

This information, together with the basis of preparation, can also be found on
pages 180 to 181 of the 2023 Annual Report and Financial Statements which is
available to download at: harbourenergy.com/investors/
(https://www.harbourenergy.com/investors/results-reports-and-presentations/)
 

 

 Payments by Project

 Country         Licence & hub/company level      Production entitlements  Production entitlements  Income taxes  Royalties (cash only)  Dividends  Bonus payments  Licence fees  Infrastructure improvement payments  Total
                                                  bbls (000)               US$ (000)                US$ (000)     US$ (000)              US$ (000)  US$ (000)       US$ (000)     US$ (000)                            US$ (000)
 Indonesia       Natuna Sea Block A               1,163                    77,473                   25,255        -                      -          -               -             -                                    102,728
                 Total Indonesia                  1,163                    77,473                   25,255        -                      -          -               -             -                                    102,728
 Mexico          Block 11                         -                        -                        -             -                      -          -               -             -                                    -
                 Block 13                         -                        -                        -             -                      -          -               -             -                                    -
                 Total Mexico                     -                        -                        -             -                      -          -               -             -                                    -
 Norway          Corporate                        -                        -                        (19,293)      -                      -          -               -             -                                    (19,293)
                 Total Norway                     -                        -                        (19,293)      -                      -          -               -             -                                    (19,293)
 United Kingdom  Central North Sea                -                        -                        (559)         -                      -          -               7,502         -                                    6,943
                 Southern North Sea               -                        -                        (7,301)       -                      -          -               2,886         -                                    (4,415)
                 East Irish Sea                   -                        -                        -             -                      -          -               802           -                                    802
                 West of Shetland                 -                        -                        -             -                      -          -               334           -                                    334
                 Other                            -                        -                        -             -                      -          -               -             -                                    -
                 Corporate                        -                        -                        423,387       -                      -          -               -             -                                    423,387
                 Total UK                         -                        -                        415,527       -                      -          -               11,524        -                                    427,051
 Vietnam         Chim Sao                         152                      11,973                   -             -                      -          -               -             -                                    11,973
                 Corporate                        -                        -                        22,119        7,453                  -          -               -             -                                    29,572
                 Total Vietnam                    152                      11,973                   22,119        7,453                  -          -               -             -                                    41,545
 Total Group                                      1,315                    89,446                   443,608       7,453                  -          -               11,524        -                                    552,031

 

 

 Payments by Governments

 Country         Government                                                                  Production entitlements  Production entitlements  Income taxes  Royalties (cash only)  Dividends  Bonus payments  Licence fees  Infrastructure improvement payments  Total
                                                                                             bbls (000)               US$ (000)                US$ (000)     US$ (000)              US$ (000)  US$ (000)       US$ (000)     US$ (000)                            US$ (000)
 Indonesia       SKK Migas                                                                   1,163                    77,473                   -             -                      -          -               -             -                                    77,473
                 Directorate General of Taxes                                                -                        -                        25,255        -                      -          -               -             -                                    25,255
                 Total Indonesia                                                             1,163                    77,473                   25,255        -                      -          -               -             -                                    102,728
 Mexico          Fondo Mexicano del Petróleo para la Estabilización y el Desarrollo (FMP)    -                        -                        -             -                      -          -               -             -                                    -
                 Servicio de Administración Tributaria (SAT)                                 -                        -                        -             -                      -          -               -             -                                    -
                 Total Mexico                                                                -                        -                        -             -                      -          -               -             -                                    -
 Norway          Tax authorities (Skatteetaten)                                              -                        -                        (19,293)      -                      -          -               -             -                                    (19,293)
                 Total Norway                                                                -                        -                        (19,293)      -                      -          -               -             -                                    (19,293)
 United Kingdom  HM Revenue & Customs                                                        -                        -                        415,527       -                      -          -               -             -                                    415,527
                 Oil & Gas Authority                                                         -                        -                        -             -                      -          -               10,696        -                                    10,696
                 The Crown Estate                                                            -                        -                        -             -                      -          -               639           -                                    639
                 Crown Estate Scotland                                                       -                        -                        -             -                      -          -               189           -                                    189
                 Total UK                                                                    -                        -                        415,527       -                      -          -               11,524        -                                    427,051
 Vietnam         Petro Vietnam                                                               152                      11,973                   -             -                      -          -               -             -                                    11,973
                 HCM Tax Department                                                          -                        -                        22,119        3,938                  -          -               -             -                                    26,057
                 Vung Tau Customs office                                                     -                        -                        -             3,515                  -          -               -             -                                    3,515
                 Total Vietnam                                                               152                      11,973                   22,119        7,453                  -          -               -             -                                    41,545
 Total Group                                                                                 1,315                    89,446                   443,608       7,453                  -          -               11,524        -                                    552,031

 

 

Enquiries:

Harbour Energy
plc
Tel: 020 7730 1111

Elizabeth Brooks, Head of Investor Relations

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  PGRZXLFLZELLBBV