Change of Adviser

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 Philip Corbett, Head of Investor Relations	[phone]
Stifel Nicolaus Europe Limited Nominated Adviser & Corporate Broker Callum Stewart / Ashton Clanfield	[phone]
Vigo Communications Public Relations Patrick d'Ancona / Ben Simons [e-mail]	[phone]

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.

 

END

 

 

APPGZMZGLGMGGZM