Harvest Sets CAPEX at $265 Million

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(Harvest Natural Resources, Inc., 19.May.2015) – Harvest Natural Resources said that during the first quarter of 2015, Petrodelta drilled and completed four development wells and sold approximately 3.63 million barrels (MMbbls) for an average of approximately 40,377 barrels of oil per day (bo/d), a decrease of 6% over the first quarter of 2014.

Petrodelta’s current production rate is approximately 40,400 bo/d and the 2015 expected average production rate is 41,345 bo/d with capital expenditures projected at $265 million.

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