TIDMHUR

RNS Number : 7067C

Hurricane Energy PLC

21 October 2020

21 October 2020

Hurricane Energy plc

("Hurricane" or the "Company")

Change of Adviser

Hurricane Energy plc, the UK based oil and gas company, announces that Stifel Nicolaus Europe Limited is the Company's Nominated Adviser and sole Corporate Broker with immediate effect.

-ends-

Contacts:

 
 Hurricane Energy plc 
  Antony Maris, Chief Executive Officer         +44 (0)1483 862 
  Philip Corbett, Head of Investor Relations     820 
 Stifel Nicolaus Europe Limited 
  Nominated Adviser & Corporate Broker 
  Callum Stewart / Ashton Clanfield             +44 (0)20 7710 7600 
 Vigo Communications 
  Public Relations 
  Patrick d'Ancona / Ben Simons 
  hurricane@vigocomms.com                       +44 (0)20 7390 0230 
 

About Hurricane

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.

Visit Hurricane's website at www.hurricaneenergy.com

Inside Information

This announcement does not contain inside information.

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(END) Dow Jones Newswires

October 21, 2020 02:00 ET (06:00 GMT)