(06:00 GMT) *Barclays Bank Sells Harbour Energy Shares at 205p Each (06:01 GMT) *Barclays Bank Sold Shares on Behalf of Potomac View Investments (06:02 GMT) *Barclays Bank Sold 54.8M Harbour Energy Shares Via Secondary Bookbuild Placing (06:02 GMT) *Barclays Bank Shares Represent Potomac's Entire Shareholding (06:38 GMT) EIG Exits Harbour Energy in $150 Million Stake Sale
By Adam Whittaker
U.S. private-equity company EIG Global Energy Partners sold its remaining stake in London-listed oil and gas company Harbour Energy for approximately 112 million pounds, or $149.5 million.
EIG sold around 54.8 million shares at 205 pence apiece, a 5.6% discount to Thursday's closing price of 217.20 pence a share. The sale represents approximately 3.5% of Harbour's issued share capital.
EIG founded Harbour Energy in 2014. Its output has grown through several acquisitions to 475,000 barrels of oil equivalent a day. Initially focused on the North Sea, Harbour's portfolio has evolved to include a recent entry offshore in the Gulf of Mexico, which the U.S. refers to as the Gulf of America.
Barclays acted as the bookrunner and sold the shares to institutional investors via an accelerated bookbuild, it said.
Write to Adam Whittaker at adam.whittaker@wsj.com