To understand the complex web of interests that allowed Harbour Energy to operate almost simultaneously in the Malvina Islands under British colonial legislation and on Tierra del Fuego Island under Argentine regulations, it is necessary to reconstruct the chronology of acquisitions, mergers and transfers of assets involving actors from the United Kingdom, Israel and Germany.

1. The Origin: How did Harbour Energy come to Sea Lion?

Harbour Energy did not buy shares directly at the start of the project, but obtained them through a corporate merger .

2. The Exit Operation: Sale to Navitas Petroleum

Shortly after the merger, Harbour Energy decided to "clean up" its portfolio of assets with high geopolitical risk, to facilitate its international expansion, especially towards mainland Argentina.

3. The Landing on the Isla Grande of Tierra del Fuego: The Purchase of Wintershall Dea

While Harbour Energy was finishing divesting its assets in the Malvinas, it began a "transformational" operation to legally enter Argentina under the shadow of another company.

4. The maneuvers of the British and Israeli companies

Date

Action

Actor

Consequences for Argentina

April 2021

Chrysaor Fusion + Premier Oil

Harbour Energy

The British company inherits 60% of Sea Lion (Malvinas).

Sept. 2022

Transfer to Navitas

Harbour Energy / Navitas

Harbour leaves the Malvinas to divest itself of assets with high geopolitical risk.

Dic. 2023

Purchase of Wintershall Dea

Harbour Energy

Harbour acquires assets in TDF (Yacimiento Fénix) and Vaca Muerta.

Sept. 2024

Acquisition closing

Harbour Energy

Harbour consolidates its position as a legal operator in TDF under the Wintershall brand.

This timeline shows that Harbour Energy withdrew from the Malvina Islands and, a year later, acquired assets under Argentine law, without being denied equity participation in the Fénix and Vaca Muerta fields, despite the sanctions contained in Law 26,659 . It is also absolutely clear that the economic benefit obtained from the sale of Sea Lion shares—from Harbour Energy to Navitas —directly links both transactions. The government of Tierra del Fuego has just filed a complaint regarding one of these transactions with the Israeli Securities and Exchange Commission .

5. Evidence of stock sales

To support this investigation, Agenda Malvinas offers documentary evidence from the corporations involved and from the international financial press. In the shared hyperlinks, we demonstrate that the transactions were not rumors, but rather market events officially registered with the London and Israeli stock exchanges.

The information is organized by each stage of the maneuver:

5.1. Merger of Premier Oil and Chrysaor (Creation of Harbour Energy)

 Harbour Energy (Official Website): Merger Documentation between Premier and Chrysaor Holding Limited . (October 6, 2020)

5.2. Harbour Energy's departure from the Malvina Islands and Navitas' entry

The operation to "wash" the profile in order to operate in mainland Argentina without the burden of Sea Lion.

5.3. Harbour Energy's purchase of Wintershall Dea

The landing in Tierra del Fuego (Phoenix Field) and Vaca Muerta.

5.4. Harbour Energy's activity in Argentina (The "Phoenix")

Documentation that certifies that the British company is now promoting itself as the owner of the Fuegian resources.

These links prove that while the Tierra del Fuego government is denouncing Navitas now in 2026, Harbour Energy was already listed on its own official website in 2024 as a partner of Total Energy on the Tierra del Fuego coast. The contradiction is absolute: the British company that "set up" and was part of the business in the Malvina Islands is the same one that is currently profiting from gas extraction in the Fénix Field.