Harbour Expands with $11.2B Wintershall Deal

• Harbour to Acquire Wintershall Upstream Assets for $11.2B

• Meanwhile Wintershall is pursuing talks to sell its stake in WIGA Transport Beteiligungs-GmbH & Co. KG, BASF also said in the announcement.

• The acquisition would boost “Harbour’s natural gas-weighting with combined natural gas production of over 300 kboepd (c.60 percent of total production)”, Harbour said.

• “Today’s announcement marks Harbour’s fourth major acquisition and the most transformational step yet in our journey to build a uniquely positioned, large-scale, geographically diverse independent oil and gas company”, Harbour chief executive Linda Z. Cook said in a statement.