Hurricane Energy PLC Holding(s) in Company (4356S)
July 08 2020 - 08:33AM
UK Regulatory
TIDMHUR
RNS Number : 4356S
Hurricane Energy PLC
08 July 2020
8 July 2020
Hurricane Energy plc
("Hurricane" or the "Company")
Holding(s) in Company
Hurricane Energy plc announces that on 7 July 2020 it received
notification that Pelham Capital Ltd. no longer has a notifiable
interest in the issued share capital of the Company.
-ends-
Contacts:
Hurricane Energy plc +44 (0)1483 862
Philip Corbett, Head of Investor Relations 820
Stifel Nicolaus Europe Limited
Nominated Adviser & Joint Corporate Broker
Callum Stewart / Ashton Clanfield +44 (0)20 7710 7600
Morgan Stanley & Co. International plc
Joint Corporate Broker
Andrew Foster / Tom Perry / Alex Smart +44 (0)20 7425 8000
Vigo Communications
Public Relations
Patrick d'Ancona / Ben Simons
hurricane@vigocomms.com +44 (0)20 7390 0230
About Hurricane Energy
Hurricane was established to discover, appraise and develop
hydrocarbon resources associated with naturally fractured basement
reservoirs. The Company's acreage is concentrated on the Rona
Ridge, in the West of Shetland region of the UK Continental
Shelf.
The Lancaster field (100% owned by Hurricane) is the UK's first
producing basement field. Hurricane is pursuing a phased
development of Lancaster, starting with an Early Production System
consisting of two wells tied-back to the Aoka Mizu FPSO.
Hydrocarbons were introduced to the FPSO system on 11 May 2019 and
the first oil milestone was achieved on 4 June 2019.
In September 2018, Spirit Energy farmed-in to 50% of the Lincoln
and Warwick assets, committing to a phased work programme targeting
sanction of an initial stage of full field development.
This announcement does not contain inside information
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END
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