Hurricane Energy PLC Listing of Convertible Bonds (0958R)

TIDMHUR

RNS Number : 0958R

Hurricane Energy PLC

19 September 2017

19 September 2017

Hurricane Energy plc

("Hurricane" or the "Company")

Listing of Convertible Bonds

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, is pleased to announce the admission of its US$230,000,000 7.5% convertible bonds due 2022 (the "Convertible Bonds") to the Official List of The International Stock Exchange ("TISE"). The TISE ticker for the Convertible Bonds is HURCOVNT and the ISIN is XS1641462277.

Contacts:

 
                        Dr Robert Trice (Chief 
 Hurricane               Executive Officer)/ 
  Energy                 Alistair Stobie (Chief     [phone] 
  plc                    Financial Officer)          820 
                        Nominated Adviser 
                         and Joint Corporate 
 Cenkos                  Broker 
  Securities             Derrick Lee/Nick           [phone] 
  plc                    Tulloch/Beth McKiernan      6939 
 Stifel 
  Nicolaus              Joint Corporate Broker 
  Europe                 Callum Stewart/Nicholas    [phone] 
  Limited                Rhodes/Ashton Clanfield     7600 
 Vigo Communications    Public Relations            [phone] 
                         Patrick d'Ancona/Ben        9704 
                         Simons                      [e-mail] 
 

About Hurricane

Hurricane was established to discover, appraise and develop hydrocarbon resources associated with naturally fractured basement reservoirs.

Hurricane's acreage is concentrated on the Rona Ridge, West of Shetland. The Lancaster licence, the Company's most appraised asset, has combined 2P Reserves and 2C Resources of 523 million barrels. In addition, the Company has 205 million barrels of oil equivalent on its Whirlwind licence (under the Whirlwind oil case).

During the 2016-2017 drilling campaign the Company made two significant discoveries* at Halifax and Lincoln, indicating that the Greater Lancaster Area and the Greater Warwick Area have the potential to be two large accumulations.

* Discovery under SPE PRMS definitions

The securities referred to in this Announcement have not been nor will be registered under the United States Securities Act of 1933, as amended ("Securities Act"), and may not be offered, sold or transferred, directly or indirectly, within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and the securities laws of any state or other jurisdiction of the United States. No public offering of the securities referred to in this Announcement is being made in the United States, United Kingdom or elsewhere.

This information is provided by RNS

The company news service from the London Stock Exchange

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September 19, 2017 02:01 ET (06:01 GMT)