Harvest Energy is a Calgary-based oil and natural gas company offering unitholders exposure to an integrated structure with upstream and downstream segments.
Within our conventional oil and natural gas operations, production is weighted approximately 71% to crude oil and liquids and 29% to natural gas and is expected to average 50,000 boe/d in 2010. Our inventory of future upstream development projects includes over 1,000 drilling locations and a suite of enhanced oil recovery (EOR) opportunities, four of which were implemented in 2008.
We have integrated our business and extended our value chain with a downstream business that includes a 115,000 bbl/d medium sour hydro-cracking refinery located on the east coast of Canada. Given our size, liquidity and integrated structure, Harvest is well positioned to complement our internal portfolio with value-added acquisition and development opportunities.
Distributions Paid Since Inception: C$21.73 / trust unit
Trading Information
Trust Units:
- Toronto Stock Exchange (TSX): HTE.UN (listed December 5, 2002) - Delisted December 29, 2009
New York Stock Exchange (NYSE): HTE (listed July 21, 2005) - Delisted December 23, 2009
CUSIP for Harvest Energy Trust Units - 41752X 101
ISIN for Harvest Energy Trust Units - CA 417 52X 1015
Harvest currently has five series of convertible debentures listed on the TSX as follows.
|
Series |
Interest |
Semi Annual Interest Payment Dates |
Conversion Price |
Maturity |
|---|---|---|---|---|
|
6.5% |
June 30 and December 31 |
$31.00 |
December 31, 2010 |
|
|
6.40% |
April 30 and October 31 |
$46.00 |
October 31, 2012 |
|
|
7.25% |
March 31 and September 30 |
$32.20 |
September 30, 2013 |
|
|
7.25% |
February 28 and August 31 |
$27.25 |
February 28, 2014 |
|
|
7.50% |
May 31 and November 30 |
$27.40 |
May 31, 2015 |