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COME BY CHANCE, N.L. — Calgary-based energy company Harvest Operations says it has reached an agreement to sell its oil refinery in Come by Chance, N.L., to SilverRange Financial Partners LLC of New York.

Terms of the deal were not disclosed.

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Harvest Operations says the sale covers North Atlantic’s refining and marketing operations in Newfoundland, including home heating businesses and 53 gas stations.

The refinery, which processes about 115,000 barrels of crude oil per day, was built in the 1970s.

The government of Newfoundland and Labrador issued a statement saying it supports the sale because it will support the long-term viability of the operation.

Harvest, a wholly‐owned subsidiary of Korea National Oil Corporation, said the company remains “committed to maintaining and growing our operations in Western Canada.”

With a file from Financial Post staff