UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported) ~~June~~August 926, 2020

Harvest Natural Resources, Inc.

(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

1-10762		77-0196707
(Commission File Number)		(IRS Employer Identification No.)
8117 Preston Road, Suite 300 Dallas, Texas		75225
(Address of Principal Executive Offices)		(Zip Code)


8117 Preston Road, Suite 300
Dallas, Texas		75225
(Address of Principal Executive Offices)		(Zip Code)

(214) 543-5122

(Registrant’s Telephone Number, Including Area Code)

5956 Sherry Lane, Suite 1000

Dallas, Texas 75225

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange
on which registered

N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01

Other Events.

OnIn its Current Report on Form 8-K filed with the United States Securities and Exchange Commission (the “SEC”) on June 911, 2020, Harvest Natural Resources, Inc. (the “Company”) reported that the U.S. District Court for the Southern District of Texas had set aside the Company’s $1.4 ~~billion~~ billion default judgment against Rafael ~~Dano~~Dario Ramirez Carreno ~~awarded to Harvest Natural Resources, Inc. and its wholly owned subsidiary HNR Energia B.V. (together, the “Company”)~~ in a lawsuit ~~against Mr. Ramirez~~ that alleged damages incurred by the Company as a result of its inability to sell its Venezuelan assets in two failed transactions due to requests that the Company pay bribes to complete the sale. On August ~~The~~26, ~~court~~2020, ~~did~~the ~~not~~Company ~~dismiss~~dismissed the ~~case~~litigation against Mr. Ramirez, ~~however~~after carefully assessing the business risks and benefits of the litigation.

~~Mr. Ramirez~~The ~~had~~Company ~~requested~~will ~~the~~continue ~~court~~ to ~~set~~consider ~~aside~~any ~~the~~possible ~~December 20,~~additional ~~2018, default~~remedies ~~judgment and dismiss the case, alleging primarily (1) lack of proper service of process and (2) resulting lack of personal jurisdiction. Separately, Mr. Ramirez had alleged~~ that ~~the Company had waived any right~~ it ~~had~~may tohave ~~sue him, based on some waiver language contained in a third agreement~~ to ~~sell~~realize ~~Harvest’s~~recompense ~~Venezuelan~~for ~~assets and also asked that~~ the ~~court~~losses ~~set~~incurred as ~~aside~~a ~~the~~result ~~default~~of ~~judgment and dismiss~~ the two ~~case~~failed ~~on these grounds~~transactions.

~~The~~More ~~court~~information ~~held~~about ~~that lack of proper service of process was not a ground for setting aside~~ the ~~default~~dismissed ~~judgment~~litigation inis ~~this~~contained ~~case and that the Company had made a prima facie showing of specific personal jurisdiction. The court nevertheless set aside the default judgment, stating that Mr. Ramirez’s default~~ in ~~responding to~~ the Company’s ~~service~~Current ofReports ~~process~~on ~~was~~Form ~~not~~8-K ~~willful~~filed ~~and~~with ~~he should have a chance to defend~~ the ~~lawsuit~~SEC on ~~its~~February 2, ~~merits~~2018, ~~particularly~~November 28, in2018, ~~light of the magnitude of the amount of the default judgment.~~December ~~The~~26, ~~court~~2018, ~~also held that the alleged~~February ~~breach~~19, ~~of the waiver language was not a ground to dismiss the case~~2019, ~~stating~~ ~~that the waiver language was not ripe for a ruling on the merits.~~September ~~The~~3, ~~court~~2019, ~~denied~~and ~~all of Mr.~~June ~~Ramirez’s~~11, ~~motions to dismiss the case~~2020.

The Company intends to continue to pursue its remedies against Mr. Ramirez, as well as other possible remedies, to realize recompense for the losses incurred as a result of the two failed transactions.

More information about this litigation is contained in the Company’s current Reports on Form 8-K filed with the Securities and Exchange Commission on March 2, 2018, November 28, 2018, December 26, 2018, February 19, 2019, and September 3, 2019.

Change of Address: Harvest Natural Resources, Inc. has changed its mailing address to: 8117 Preston Road, Suite 300, Dallas, Texas 75225.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

HARVEST NATURAL RESOURCES, INC.

/s/ Harva Dockery

Date: August 27, 2020

/s/ Harva Dockery

June 11, 2020

Harva Dockery

Harva Dockery

Filing Compare · HARVEST NATURAL RESOURCES, INC.