Completion of Lincoln-14 well plug and abandonment

RNS Number : 3705E

Hurricane Energy PLC

07 July 2021

 

7 July 2021

Hurricane Energy plc

("Hurricane", or the "Company")

Completion of Lincoln-14 well plug and abandonment operations

Hurricane Energy plc, the UK based oil and gas company, announces the completion of operations to plug and abandon the 205/26b-14 ("Lincoln-14") well on the P1368 (South) licence in the Greater Warwick Area ("GWA"), which Hurricane operates on behalf of the GWA joint venture (Hurricane 50%, Spirit Energy Resources Limited 50%).

The operation was completed within both schedule and budget. The Stena Don semi-submersible rig contracted to undertake the work has now been released.

The Company previously announced that the GWA joint venture had a regulatory obligation to plug and abandon the Lincoln-14 well by 31 October 2021, and this obligation has now been fulfilled.

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Contacts: 

Hurricane Energy plc Antony Maris, Chief Executive Officer Philip Corbett, Head of Investor Relations	[phone]
Stifel Nicolaus Europe Limited Nominated Adviser & Joint Corporate Broker Callum Stewart	[phone]
Investec Bank plc Joint Corporate Broker Chris Sim / Rahul Sharma	[phone]
Vigo Consulting Public Relations Patrick d'Ancona / Ben Simons [e-mail]	[phone]

About Hurricane

Hurricane has a 100% interest in and operates the Lancaster field, the UK's first field to produce from a fractured basement reservoir.

Hurricane also has a 50% interest in the Greater Warwick Area licence, which contains the Lincoln and Warwick assets.

Visit Hurricane's website at www.hurricaneenergy.com

 

Inside Information

This announcement does not contain inside information.

 

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