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Hurricane Energy PLC Ord 0.1P (HUR)

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27-Mar-2017 08:30 AM

Hurricane confirms significant find

Hurricane Energy has confirmed a find which indicated the largest undeveloped discovery on the UK Continental Shelf. It said that initial data analysis indicated the Halifax well was linked to the Lancaster field forming a single large hydrocarbon accum
03-Feb-2017 12:30 PM

Broker Forecast - Macquarie issues a broker note on Hurricane Energy Plc Ord 0.1p

Macquarie today reaffirms its outperform investment rating on Hurricane Energy Plc Ord 0.1p (LON:HUR) and cut its price target to 89p (from 90p). Story provided by StockMarketWire.com...
18-Oct-2016 09:24 AM

Hurricane encouraged by well flow rates

Hurricane Energy is highly encouraged by flow rates from the 205 21a-7Z well. The well achieved a sustainable flow rate using an electrical submersible pump of 14,500 stock tank barrels of oil per day with no produced formation water. The flow rate was
26-Sep-2016 08:50 AM

Broker Forecast - finnCap issues a broker note on Hurricane Energy Plc Ord 0.1p

finnCap today reaffirms its buy investment rating on Hurricane Energy Plc Ord 0.1p (LON:HUR) and raised its price target to 66p (from 50p). Story provided by StockMarketWire.com...
22-Sep-2016 07:29 AM

Hurricane Energy losses narrow

Hurricane Energy's loss after tax fell by 44% to £1.8m in the six months to the end of June. The group raised £52.1m from Kerogen and other institutional investors in May 2016 to fund Lancaster 7 Wells drilling programme and operating ex
15-Sep-2016 01:10 PM

Broker Forecast - Cantor Fitzgerald issues a broker note on Hurricane Energy Plc Ord 0.1p

Cantor Fitzgerald today reaffirms its buy investment rating on Hurricane Energy Plc Ord 0.1p (LON:HUR) and raised its price target to 69p (from 26p). Story provided by StockMarketWire.com...
09-Sep-2016 07:28 AM

Hurricane completes pilot well operations

Hurricane Energy - the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs - has completed the testing and logging phase of the 205/21a-7 well. Operations are now progressing as planned to permanently
18-Apr-2016 07:36 AM

Hurricane trims losses

Hurricane Energy's after-tax losses fell to GBP5.5m in the year to the end of December - down from GBP9.0m in 2014. Operating expenses fell by 37% to GBP5.4 million and the group had cash and cash equivalents at 31 December 2015 of £9.9 million,incl
25-Jan-2016 01:01 PM

Hurricane Energy CFO to retire

Hurricane Energy has confirmed that Nicholas Mardon-Taylor will retire as chief financial officer and as a director as planned, on 31 January. The company says the process to identify a new CFO is under way and a further announcement will be made when
09-Nov-2015 09:59 AM

Hurricane confirms licence subdivision

Hurricane Energy says the UK Oil and Gas Authority has approved a subdivision of licence P1368, West of Shetland, into four subareas as follows: - P1368 Central - containing the Lancaster basement discovery - P1368 North - containing the Whirlwind bas
23-Sep-2015 09:16 AM

Reduced half year losses at Hurricane Energy

Hurricane Energy, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has announced that for the six months ended 30 June 2015 the loss after tax reduced by 56% to £3.2m (H1 2014: £7.3m). It say
10-Sep-2015 09:30 AM

Hurricane's Lancaster find granted oil field status

Hurricane Energy's Lancaster discovery has been granted oil field status by the UK Oil and Gas Authority. Hurricane says this represents the first step in progressing the submission of the Lancaster early production system (EPS) field development p
10-Jun-2015 11:18 AM

Hurricane reveals plans for Shetland field

Hurricane Energy (AIM: HUR), the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has provided an update on its Lancaster discovery, west of Shetland. It has made significant progress in its techni
01-May-2015 09:28 AM

Losses at Hurricane Energy reduced

Hurricane Energy, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, HAS REPORTED THAT for the year ended 31 December 2014 there was a loss after tax of £9.0m (2013: £21.4m). It completed an
06-Nov-2014 08:28 AM

Hurricane Energy licences extended

Hurricane Energy's licences P1485 and P1835 - containing the Typhoon and Tempest basement prospects - have been extended to the end of Decembert 2016 and 9 January 2017 respectively by the Department of Energy & Climate Change. At 8:28am: (LON:HUR
24-Sep-2014 09:25 AM

Hurricane Energy completes testing of Shetland field

Hurricane Energy, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has announced an operating loss of £4.9m for the six months ended 30 June 2014. The Group has now successfully completed its
15-Sep-2014 09:51 AM

Hurricane update on Lancaster appraisal well

Hurricane Energy has substantially completed post-well data analysis following the successful testing of the 1km horizontal appraisal well 205/21a-6 in Q2 2014 at the company's Lancaster oil discovery West of Shetland. The well was optimally locat
03-Jul-2014 07:37 AM

Hurricane confirms demobilisation of drilling unit

Hurricane Energy says it successfully demobilised the Transocean Sedco 712 semi-submersible drilling unit from the Lancaster horizontal appraisal well, West of Shetland, on 1 July. The Sedco 712 was under contract to Hurricane for 73.5 days - under the
26-Jun-2014 08:08 AM

Hurricane success

Hurricane Energy says it has successfully completed the testing phase of its key horizontal appraisal well in the Lancaster fractured basement oil discovery West of Shetland. The well will be suspended as a future producer. Production tests achieved a
14-May-2014 09:15 AM

Hurricane Energy losses

Hurricane Energy posts a loss of £21.4m for the year to the end of December - up from £6.8m in 2012. The company says this reflects one-off financing and IPO costs. Hurricane says 2014 is set to be a pivotal year for the group. Currently, Hurricane&
16-Apr-2014 09:21 AM

Hurricane Energy starts rig mobilisation

Hurricane Energy has started the mobilisation process for the Transocean Sedco 712 semi-submersible drilling rig. The planned operation is to drill and test the Lancaster basement oil discovery. Well management company SPD Limited has been contracted
 
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