Hurricane Energy PLC CPR on West of Shetland Assets (6522W)
April 27 2021 - 1:00AM
UK Regulatory
TIDMHUR
RNS Number : 6522W
Hurricane Energy PLC
27 April 2021
27 April 2021
Hurricane Energy plc
("Hurricane" or the "Company")
Competent Person's Report on West of Shetland Assets
Hurricane Energy plc, the UK based oil and gas company,
announces that the full Competent Person's Report on the Company's
West of Shetland assets by ERC Equipoise Ltd has been published on
the Company's website at:
https://www.hurricaneenergy.com/assets/reserves-and-resources
-ends-
Contacts:
Hurricane Energy plc
Antony Maris, Chief Executive Officer
Philip Corbett, Head of Investor Relations +44 (0)1483 862820
Stifel Nicolaus Europe Limited
Nominated Adviser & Joint Corporate Broker
Callum Stewart / Ashton Clanfield +44 (0)20 7710 7600
Investec Bank plc
Joint Corporate Broker
Chris Sim / Rahul Sharma +44 (0)20 7597 5970
Vigo Consulting
Public Relations
Patrick d'Ancona / Ben Simons
hurricane@vigoconsulting.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
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END
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