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NEWS RELEASE TRANSMITTED BY Marketwire

Harvest Operations Confirms Filing of 2010 Annual Information Form

Mar 31, 2011 - 21:28 ET

CALGARY, ALBERTA--(Marketwire - March 31, 2011) - Harvest Operations Corp. ("Harvest") (TSX:HTE.DB.D) (TSX:HTE.DB.E) (TSX:HTE.DB.F) and (TSX:HTE.DB.G)announced today that it has filed its Annual Information Form ("AIF") for the year ended December 31, 2010 with the Canadian securities regulatory authorities on the System for Electronic Document Analysis and Retrieval ("SEDAR") in Canada. The AIF contains Harvest's statement of reserves data and other oil and natural gas information required pursuant to the Canadian Securities Administrators' National Instrument 51-101.

Electronic copies of the AIF may be obtained by visiting Harvest's corporate website at www.harvestenergy.ca or by visiting Harvest's SEDAR profile at www.sedar.com. Hard copies of the aforementioned documents are also available upon request and at no charge by calling Harvest at 1-866-666-1178 or by emailing information@harvestenergy.ca.

Corporate Profile

Harvest, a wholly-owned subsidiary of KNOC, is a significant operator in Canada's energy industry with an integrated structure with upstream (exploration, development and production of crude oil and natural gas) and downstream (refining and marketing of distillate, gasoline and fuel oil) segments. Our upstream oil and gas production is weighted approximately 70% to crude oil and liquids and 30% to natural gas, and is complemented by our long-life refining and marketing business. Harvest's outstanding debentures are traded on the TSX under the symbols "HTE.DB.D", "HTE.DB.E", "HTE.DB.F" and "HTE.DB.G".

KNOC is a state owned oil and gas company engaged in the exploration and production of oil and gas along with storing petroleum resources. KNOC will fully establish itself as a global government-run petroleum company by applying ethical, sustainable, and environment-friendly management and by taking corporate social responsibility seriously at all times. For more information on KNOC, please visit their website at www.knoc.co.kr/ENG/main.jsp.

 


FOR FURTHER INFORMATION PLEASE CONTACT:

Harvest Operations Corp.
John Zahary
President & CEO
(403) 265-1178

Harvest Operations Corp.
Jeremy Dietz
Investor Relations
(403) 265-1178

Harvest Operations Corp.
2100, 330 - 5th Avenue S.W.
Calgary, AB Canada T2P 0L4
Toll Free Investor Mailbox: (866) 666-1178
information@harvestenergy.ca
www.harvestenergy.ca