TIDMHUR

RNS Number : 3511R

Hurricane Energy PLC

21 September 2017

21 September 2017

Hurricane Energy plc

(the "Company")

Change of Nominated Adviser & Broker

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that Stifel Nicolaus Europe Limited has been appointed as nominated adviser and sole broker to the Company with immediate effect.

Contacts:

 
                        Dr Robert Trice (Chief 
 Hurricane               Executive Officer)/ 
  Energy                 Alistair Stobie (Chief     +44 (0)1483 
  plc                    Financial Officer)          862 820 
 Stifel                 Nominated Adviser and 
  Nicolaus               Corporate Broker 
  Europe                 Callum Stewart/Nicholas    +44 (0)20 7710 
  Limited                Rhodes/Ashton Clanfield     7600 
 Vigo Communications    Public Relations            +44 (0)20 7830 
                         Patrick d'Ancona/Ben        9704 
                         Simons                      Hurricane@vigocomms.com 
 

About Hurricane

Hurricane was established to discover, appraise and develop hydrocarbon resources associated with naturally fractured basement reservoirs.

Hurricane's acreage is concentrated on the Rona Ridge, West of Shetland. The Lancaster licence, the Company's most appraised asset, has combined 2P Reserves and 2C Resources of 523 million barrels. In addition, the Company has 205 million barrels of oil equivalent on its Whirlwind licence (under the Whirlwind oil case).

During the 2016-2017 drilling campaign the Company made two significant discoveries* at Halifax and Lincoln, indicating that the Greater Lancaster Area and the Greater Warwick Area have the potential to be two large accumulations.

* Discovery under SPE PRMS definitions

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

September 21, 2017 02:01 ET (06:01 GMT)

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