TIDMHBR

RNS Number : 8947Z

Harbour Energy PLC

18 May 2023

HARBOUR ENERGY PLC

("Harbour" or the "Company")

Report on Payments to Governments for the year ended 31 December 2022

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 2022 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 177 to 179 of the 2022 Annual Report and Financial Statements which is available to download at: harbourenergy.com/investors/

 
                                                                                                                                     Payments by Licence 
 Country       Licence/company    Production                  Production                  Income                              Royalties              Dividends             Bonus                Licence                  Infrastructure                   Total 
                level              entitlements                entitlements                taxes                               (cash                                        payments             fees                     improvement 
                                                                                                                               only)                                                                                      payments 
              -----------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
                                  bbls (000)                  US$ (000)                   US$ (000)                           US$ (000)              US$ (000)             US$ (000)            US$ (000)                US$ (000)                        US$ (000) 
              -----------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 Falkland 
  Islands        Sea Lion                                 -                           -                                   -                      -                     -                    -                      200                                -                                  200 
              -----------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
    Corporate                                             -                           -                                   -                      -                     -                    -                      276                                -                                  276 
 ------------------------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
    Total Falkland 
    Islands                                               -                           -                                   -                      -                     -                    -                      476                                -                                  476 
 ------------------------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
                 Natuna Sea 
   Indonesia     Block A                              3,673                     291,474                              65,557                      -                     -                    -                        -                                -                              357,031 
              -----------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
    Total Indonesia                                   3,673                     291,474                              65,557                      -                     -                    -                        -                                -                              357,031 
 ------------------------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
   Mexico        Block 11                                 -                           -                                   -                      -                     -                    -                      578                                -                                  578 
              -----------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
    Block 13                                              -                           -                                   -                      -                     -                    -                      544                                -                                  544 
 ------------------------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
    Total Mexico                                          -                           -                                   -                      -                     -                    -                    1,122                                -                                1,122 
 ------------------------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
 Norway        Corporate                                  -                           -                            (46,213)                      -                     -                    -                        -                                -                             (46,213) 
              -----------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
    Total Norway                                          -                           -                            (46,213)                      -                     -                    -                        -                                -                             (46,213) 
 ------------------------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
 United          Central North 
  Kingdom        Sea                                      -                           -                               (304)                      -                     -                    -                    7,108                                -                                6,804 
              -----------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
    Southern North 
    Sea                                                   -                           -                             (7,146)                      -                     -                    -                    2,791                                -                              (4,355) 
 ------------------------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
    East Irish 
    Sea                                                   -                           -                                   -                      -                     -                    -                    1,632                                -                                1,632 
 ------------------------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 

    West of Shetland                                      -                           -                                   -                      -                     -                    -                      324                                -                                  324 
 ------------------------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
    Other                                                 -                           -                                   -                      -                     -                    -                      213                                -                                  213 
 ------------------------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
    Corporate                                             -                           -                             521,172                      -                     -                    -                        -                                -                              521,172 
 ------------------------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
    Total UK                                              -                           -                             513,722                      -                     -                    -                   12,068                                -                              525,790 
 ------------------------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
   Vietnam       Chim Sáo                          154                      14,470                                   -                      -                     -                  450                        -                                -                               14,920 
              -----------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
    Corporate                                             -                           -                              21,472                  8,848                     -                    -                        -                                -                               30,320 
 ------------------------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
    Total Vietnam                                       154                      14,470                              21,472                  8,848                     -                  450                        -                                -                               45,240 
 ------------------------------  --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
   Total 
   Group                                              3,827                     305,944                             554,538                  8,848                     -                  450                   13,666                                -                              883,446 
                                 --------------------------  --------------------------  ----------------------------------  ---------------------  --------------------  -------------------  -----------------------  -------------------------------  ----------------------------------- 
 
 
                                                                                                                              Payments by Government 
 Country      Government             Production                  Production                  Income                       Royalties               Dividends             Bonus                Licence                Infrastructure                   Total 
                                      entitlements                entitlements                taxes                        (cash only)                                   payments             fees                   improvement 
                                                                                                                                                                                                                     payments 
             ---------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
                                     bbls (000)                  US$ (000)                   US$ (000)                    US$ (000)               US$ (000)             US$ (000)            US$ (000)              US$ (000)                        US$ (000) 
             ---------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
              Falkland Island 
               Government 
               - Department 
 Falkland      of Mineral 
  Islands      Resources                                     -                           -                            -                       -                     -                    -                    476                                -                             476 
             ---------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
 
    Total Falkland 
    Islands                                                  -                           -                            -                       -                     -                    -                    476                                -                             476 
 ---------------------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
 
 Indonesia    SKK Migas                                  3,673                     291,474                            -                       -                     -                    -                      -                                -                         291,474 
             ---------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
  Directorate 
   General of 
   Taxes                                                     -                           -                       65,557                       -                     -                    -                      -                                -                          65,557 
 ---------------------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
 
    Total Indonesia                                      3,673                     291,474                       65,557                       -                     -                    -                      -                                -                         357,031 
 ---------------------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
              Fondo Mexicano 
               del Petróleo 
               para la 
               Estabilización 
               y el Desarrollo 
 Mexico        (FMP)                                         -                           -                            -                       -                     -                    -                    969                                -                             969 
             ---------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
  Servicio de 
   Administración 
   Tributaria 

   (SAT)                                                     -                           -                            -                       -                     -                    -                    153                                -                             153 
 ---------------------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
 
    Total Mexico                                             -                           -                            -                       -                     -                    -                  1,122                                -                           1,122 
 ---------------------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
              Tax authorities 
 Norway        (Skattetaten)                                 -                           -                     (46,213)                       -                     -                    -                      -                                -                        (46,213) 
             ---------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
 
    Total Norway                                             -                           -                     (46,213)                       -                     -                    -                      -                                -                        (46,213) 
 ---------------------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
 United       HM Revenue 
  Kingdom      & Customs                                     -                           -                      513,722                       -                     -                    -                      -                                -                         513,722 
             ---------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
  The North Sea 
   Transition 
   Authority                                                 -                           -                            -                       -                     -                    -                 11,436                                -                          11,436 
 ---------------------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
 
    The Crown Estate                                         -                           -                            -                       -                     -                    -                    418                                -                             418 
 ---------------------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
 
    Crown Estate 
    Scotland                                                 -                           -                            -                       -                     -                    -                    214                                -                             214 
 ---------------------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
 
    Total UK                                                 -                           -                      513,722                       -                     -                    -                 12,068                                -                         525,790 
 ---------------------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
 
   Vietnam      Petro Vietnam                              154                      14,470                            -                       -                     -                  450                      -                                -                          14,920 
             ---------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
 
    HCM Tax Department                                       -                           -                       21,472                   5,285                     -                    -                      -                                -                          26,757 
 ---------------------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
  Vung Tau Customs 
   office                                                    -                           -                            -                   3,563                     -                    -                      -                                -                           3,563 
 ---------------------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
 
    Total Vietnam                                          154                      14,470                       21,472                   8,848                     -                  450                      -                                -                          45,240 
 ---------------------------------  --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------ 
 Total 
  Group                                                  3,827                     305,944                      554,538                   8,848                     -                  450                 13,666                                -                         883,446 
                                    --------------------------  --------------------------  ---------------------------  ----------------------  --------------------  -------------------  ---------------------  -------------------------------  ------------------------------

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 or visit 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.

END

PGRKVLBFXELXBBQ

(END) Dow Jones Newswires

May 18, 2023 09:00 ET (13:00 GMT)

Harbour Energy (LSE:HBR)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Harbour Energy Charts.
Harbour Energy (LSE:HBR)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Harbour Energy Charts.