Harvest Oil & Gas Corp.

Harvest Oil & Gas Corp. today announced that on May 13, 2021 the Board of Directors of the Company approved a liquidating distribution of $3.00 per share of the Company's common stock, par value $0.01 per share, or $3,079,623.00 in the aggregate , which will be paid on June 1, 2021 to stockholders of record as of May 24, 2021. The distribution is intended to be treated as a taxable liquidating distribution pursuant to the [...]

Harvest Oil & Gas Corp. announced today changes in the Board of Directors and senior management. Michael E. Mercer has resigned from his position as President, Chief Executive Officer and Director of the Company. Mr. Mercer's resignation is for personal reasons and not the result of any disagreement with the Company or the Board on any matters relating the Company's operations, policies or practices. Mr. Mercer has agreed [...]

Harvest Oil & Gas Corp. announced today that it has filed a Certificate of Dissolution with the Secretary of State of the State of Delaware and has appointed Weaver and Tidwell, L.L.P. as auditor for its 2020 audited financial statements. Subsequent to the approval by the Board of Directors and the written consent of shareholders representing a majority of the common shares outstanding, Harvest filed a Certificate of [...]

Harvest Oil & Gas Corp. today announced results for the third quarter of 2020. Key Highlights Average daily production was 31.8 MMcfe for the third quarter of 2020 On July 7, 2020, the Company entered into a definitive agreement to sell its Appalachian Basin assets On August 4, 2020, the Company closed on its previously announced sale of its Michigan properties On August 7, 2020, the Company announced a one-time cash [...]

Harvest Oil & Gas Corp. announced today that it has declared a one-time cash distribution of $10.00 per share. The Board of Directors of Harvest has approved a one-time cash distribution of $10.00 per share to common stockholders of record on November 23, 2020 to be paid on November 30, 2020. The Company expects to have no current or accumulated earnings and profits and reasonably estimates that the cash distribution [...]

Harvest Oil & Gas Corp. announced today the resignation of Ryan Stash from his position as Vice President and Chief Financial Officer of the Company, effective November 18, 2020. This resignation is for personal reasons and not the result of any disagreement with the Company or its Board of Directors or any matters relating the Company’s operations, policies or practices. About Harvest Oil & Gas Corp. Harvest has been an [...]

Harvest Oil & Gas Corp. today announced that it completed the previously announced sale of its Appalachian basin assets to OWS Acquisition Co LLC on October 23, 2020 for total consideration of $21.895 million. The sale has an effective date of July 1, 2020 and is subject to customary purchase price adjustments. The Appalachian basin assets have average production of approximately 27 MMcfe per day with estimated proved [...]

Harvest Oil & Gas Corp. announced today that on August 28, 2020 Patrick Hickey resigned from his position as a member of the Board of Directors of the Company . Prior to his resignation, Mr. Hickey served as Chair of the Nominating and Corporate Governance Committee of the Board. Mr. Hickey’s decision to resign is not the result of a disagreement with the Company on any matter relating to the Company’s operations [...]

Harvest Oil & Gas Corp. today announced results for the second quarter of 2020. Key Highlights Average daily production was 36.8 MMcfe for the second quarter of 2020 On May 8, 2020, the Company completed a one-for-ten reverse stock split of its common stock On May 15, 2020, the Company filed a Form 15 with the U.S. Securities and Exchange Commission to voluntarily deregister its common stock On July 7, 2020, the Company [...]

Harvest Oil & Gas Corp. announced today that it has declared a one-time cash distribution of $10.00 per share. The Board of Directors of Harvest has approved a one-time cash distribution of $10.00 per share to common stockholders of record on August 17, 2020 to be paid on August 24, 2020. The Company expects to have no current or accumulated earnings and profits and reasonably estimates that the cash distribution should [...]