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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	August 21, 2006
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  	Harvest Natural Resources, Inc.
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	1-10762
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  	77-0196707
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	1177 Enclave Parkway, Suite 300, Houston, Texas
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  	77077
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  _________________________________<BR>
  	(Address of principal executive offices)
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  ___________<BR>
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  	Registrant&#146;s telephone number, including area code:
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  	281-899-5720
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  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:</FONT>
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  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 1.01 Entry into a Material Definitive Agreement.
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  On August 16, 2006, Harvest Vinccler, C.A. (HVCA), an 80 percent owned affiliate of Harvest Natural Resources, Inc., signed a Memorandum of Understanding (MOU) with Corporaci&#243;n Venezolana del Petroleo S.A. (CVP) for the addition of three fields to Empresa Mixta Petrodelta, S.A.  The three fields are Isle&#241;o, Temblador and El Salto.<br><br>The MOU amends the Memorandum of Understanding signed by HVCA and CVP on March 31, 2006 to form a mixed company, since designated as Empresa Mixta Petrodelta, S.A. (Petrodelta).  Petrodelta will be a joint venture mixed company in which a Harvest Natural Resources affiliate will own 40 percent of the shares (32 percent net to Harvest Natural Resources) and CVP will own the remaining 60 percent.  In addition to the Isle&#241;o, Temblador and El Salto fields, Petrodelta will operate and develop the three South Monagas Unit (SMU) fields to be contributed to Petrodelta by HVCA.  All of the fields will be developed under a 20-year grant from the Venezuelan government.<br>  <br>The MOU further provides that upon completion of the conversion to the mixed company, the award of the additional fields to Petrodelta will satisfy the additional consideration due to HVCA for its contribution of the SMU fields to Petrodelta.  The MOU and the award of the additional fields is subject to 1) completion of definitive agreements, 2) approval by the boards of directors of the entities which control HVCA, 3) approval by the shareholders of Harvest Natural Resources, Inc. and 4) approval by the Venezuelan Ministry of Energy and Petroleum and the Venezuelan National Assembly.
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  	SIGNATURES
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  	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.
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  	Harvest Natural Resources, Inc.
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  	&nbsp;&nbsp;
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  <I>
  	August 21, 2006
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  	By:
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  <I>
  	Kerry R. Brittain
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  <I>
  	Name: Kerry R. Brittain
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  <I>
  	Title: Senior Vice President, General Counsel and Corporate Secretary
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_14547.htm", "description": "LIVE FILING", "secsgml_size_bytes": 9911}]
metadata_filer: {"company-data": {"conformed-name": "HARVEST NATURAL RESOURCES, INC.", "cik": "0000845289", "assigned-sic": "1311", "irs-number": "770196707", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-10762", "film-number": "061045919"}, "business-address": {"street1": "1177 ENCLAVE PARKWAY", "street2": "STE 300", "city": "HOUSTON", "state": "TX", "zip": "77077", "phone": "281-899-5700"}, "mail-address": {"street1": "1177 ENCLAVE PARKWAY", "street2": "STE 300", "city": "HOUSTON", "state": "TX", "zip": "77077"}, "former-company": [{"former-conformed-name": "HARVEST NATURAL RESOURCES INC", "date-changed": "20020805"}, {"former-conformed-name": "BENTON OIL & GAS CO", "date-changed": "19920703"}]}
text: Harvest Natural Resources, Inc. (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 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):
  August 21, 2006
  Harvest Natural Resources, Inc.
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  1-10762
  77-0196707
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  1177 Enclave Parkway, Suite 300, Houston, Texas
  77077
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  281-899-5720
  Not Applicable
  ______________________________________________
  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:
  [  ]  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))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  On August 16, 2006, Harvest Vinccler, C.A. (HVCA), an 80 percent owned affiliate of Harvest Natural Resources, Inc., signed a Memorandum of Understanding (MOU) with Corporación Venezolana del Petroleo S.A. (CVP) for the addition of three fields to Empresa Mixta Petrodelta, S.A.  The three fields are Isleño, Temblador and El Salto.
  The MOU amends the Memorandum of Understanding signed by HVCA and CVP on March 31, 2006 to form a mixed company, since designated as Empresa Mixta Petrodelta, S.A. (Petrodelta).  Petrodelta will be a joint venture mixed company in which a Harvest Natural Resources affiliate will own 40 percent of the shares (32 percent net to Harvest Natural Resources) and CVP will own the remaining 60 percent.  In addition to the Isleño, Temblador and El Salto fields, Petrodelta will operate and develop the three South Monagas Unit (SMU) fields to be contributed to Petrodelta by HVCA.  All of the fields will be developed under a 20-year grant from the Venezuelan government.
  The MOU further provides that upon completion of the conversion to the mixed company, the award of the additional fields to Petrodelta will satisfy the additional consideration due to HVCA for its contribution of the SMU fields to Petrodelta.  The MOU and the award of the additional fields is subject to 1) completion of definitive agreements, 2) approval by the boards of directors of the entities which control HVCA, 3) approval by the shareholders of Harvest Natural Resources, Inc. and 4) approval by the Venezuelan Ministry of Energy and Petroleum and the Venezuelan National Assembly.
  Top of the Form
  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.
  August 21, 2006
  By:
  Kerry R. Brittain
  Name: Kerry R. Brittain
  Title: Senior Vice President, General Counsel and Corporate Secretary