RNS Number : 8815C
Hurricane Energy PLC
01 July 2016
Embargoed: 0700hrs 1 July 2016
Hurricane Energy plc
(the "Company")
Appointment of Joint Corporate Broker
Hurricane Energy plc, the UK-based oil and gas company focused on hydrocarbon resources in
naturally fractured basement reservoirs, is pleased to announce that it has appointed Macquarie Capital (Europe)
Limited as joint corporate broker to the Company with immediate effect.
Contacts:
Hurricane Energy plc
|
Dr Robert Trice (Chief Executive Officer)
|
+44 (0)1483 862 820
|
Cenkos Securities plc
|
Nominated Adviser and Joint Corporate Broker
Derrick Lee/Nick Tulloch/Beth McKiernan
|
+44 (0)131 220 6939
|
Macquarie Capital (Europe) Limited
|
Joint Corporate Broker
Ken Fleming/Fergus Marcroft/Charles Lesser
|
+44 (0)20 3037 2000
|
Vigo Communications
|
Public Relations
Patrick d'Ancona/Ben Simons
|
+44 (0)20 7830 9704
hurricane@vigocomms.com
|
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%.
In 2014, Hurricane drilled and tested an appraisal well on its Lancaster oil field West of
Shetland. The highly successful operations demonstrated that the Company could produce commercial quantities of oil from the
Lancaster field. The Company will undertake a further well programme on Lancaster, incorporating a Pilot well and a Horizontal
Sidetrack well as part of a continuous drilling programme in the summer of 2016. The Horizontal Sidetrack well is designed
to refine the Lancaster Contingent Resource range (currently 62 - 456 mmboe), will provide a second future production well and
will provide new information to help optimally plan the Lancaster field development. The Pilot well objectives are to confirm the
depth of Oil Water Contact, evaluate the properties of a potential aquifer to establish how supportive it is of production, and
evaluate the overlying Victory sandstone resource range.
This information is provided by RNS
The company news service from the London Stock Exchange
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