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Harvest Natural Resources Inc. (NYSE:HNR): Current price $5.58
Harvest Natural Resources announced that the Share Purchase Agreement between PT Pertamina and HNR Energia B.V., a wholly-owned subsidiary of Harvest Natural Resources Inc., for the purchase of Harvest’s interests in Venezuela for $725 million has been terminated as a result of the Government of Indonesia, in their capacity as sole shareholder of PT Pertamina, voting not to approve the transaction. The SPA, announced on June 21, 2012, has also been subject to the approval of the Government of the Bolivarian Republic of Venezuela and a majority of Harvest’s stockholders.
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