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HUR Hurricane Energy Plc

7.79
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hurricane Energy Plc LSE:HUR London Ordinary Share GB00B580MF54 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.79 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Hurricane Energy PLC Exercise of option over Transocean Spitsbergen (2379Q)

28/11/2016 7:00am

UK Regulatory


Hurricane Energy (LSE:HUR)
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TIDMHUR

RNS Number : 2379Q

Hurricane Energy PLC

28 November 2016

This announcement contains inside information

28 November 2016

Hurricane Energy plc

("Hurricane" or the "Company")

Exercise of option over Transocean Spitsbergen drilling rig

Hurricane Energy, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that, further to the rig contract amendments entered into with Transocean, the Company exercised its option over the Transocean Spitsbergen drilling rig on 25 November 2016 in order to drill the Halifax prospect. The Halifax well will be drilled after completion of the Lincoln well. A further announcement will be made once the Halifax well has been spudded.

Contact details:

 
 Hurricane Energy plc 
  Dr Robert Trice, Chief Executive 
  Officer 
  Alistair Stobie, Chief Financial    +44 (0)1483 862 
  Officer                              820 
 Cenkos Securities plc 
  Nominated Adviser and Joint 
  Broker 
  Derrick Lee/Nick Tulloch/Beth       +44 (0)131 220 
  McKiernan                            6939 
 Macquarie Capital (Europe) 
  Limited 
  Joint Broker                        +44 (0)20 3037 
  Alex Reynolds / Guy de Freitas       2000 
 Vigo Communications                  +44 (0)20 7830 
  Patrick d'Ancona/Ben Simons          9700 
 

About Hurricane

Hurricane is an oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs. The Company's focus is to discover, appraise and develop oil reserves in basement rock. Hurricane has already successfully discovered substantial volumes of oil on the UKCS. The Company has 444-470 mmboe of 2C Contingent Resources and 432-442 mmboe of P50 Prospective Resources on acreage it controls 100%.

Further information on Hurricane can be found at: www.hurricaneenergy.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCDBBDBUUDBGLR

(END) Dow Jones Newswires

November 28, 2016 02:00 ET (07:00 GMT)

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