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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
  -0.03 -1.09% 2.72 2.71 2.80 2.886 2.65 2.85 12,363,891 16:35:13
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 180.1 -571.1 -31.4 - 54

Hurricane Energy PLC Board Changes

23/09/2020 7:00am

UK Regulatory (RNS & others)


Hurricane Energy (LSE:HUR)
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From Aug 2020 to Aug 2021

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TIDMHUR

RNS Number : 7933Z

Hurricane Energy PLC

23 September 2020

23 September 2020

Hurricane Energy plc

("Hurricane" or the "Company")

Board changes

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces the resignation, with effect from 23 September 2020, of Dr Alan Parsley, Non-executive Director.

Dr Parsley was Kerogen Capital's shareholder director pursuant to the relationship deed signed in 2016. Mr Leonard Tao has also resigned as an alternate director to Dr Parsley.

-ends -

Contacts:

 
 Hurricane Energy plc 
  Antony Maris, Chief Executive Officer         +44 (0)1483 862 
  Philip Corbett, Head of Investor Relations     820 
 Stifel Nicolaus Europe Limited 
  Nominated Adviser & Joint Corporate Broker 
  Callum Stewart / Ashton Clanfield             +44 (0)20 7710 7600 
 Morgan Stanley & Co. International plc 
  Joint Corporate Broker 
  Andrew Foster / Tom Perry / Alex Smart        +44 (0)20 7425 8000 
 Vigo Communications 
  Public Relations 
  Patrick d'Ancona / Ben Simons 
  hurricane@vigocomms.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

This announcement contains inside information

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END

BOASEMFUEESSELU

(END) Dow Jones Newswires

September 23, 2020 02:00 ET (06:00 GMT)

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