Green Touch Builders | Houston energy company weighs restructuring with "severe" money woes
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March 30, 2015 By SEO Admin

Houston energy company weighs restructuring with "severe" money woes

Houston-based Harvest Natural Resources Inc. (NYSE: HNR) is considering a major restructuring in the face of “severe” financial problems.

The financially struggling, oil and gas exploration and production company has seen its woes compounded by the block of the sale of some of its Venezuelan assets by the government and greatly diminished global oil prices.

Harvest also is facing a possible delisting by the New York Stock Exchange where it was trading at about 45 cents a share on March 30. Harvest…