Harvest Natural Resources Inc., Houston, (NYSE: HNR) has reported the completion of  the previously announced sale of HNR's oil and gas assets in Utah's Uinta Basin to an affiliate of Newfield Exploration Company, Houston, (NYSE: NFX) for $215.0 million in cash.  The sale has an effective date of March 1, 2011.  Closing occurred on May 17, 2011 at which time Newfield became the operator of the assets.  The net proceeds from the sale are estimated to be $205.0 million after deductions for transaction related costs.

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