Publication of AGM Presentation

Released : 07/06/2017 11:00

RNS Number : 4049H
Hurricane Energy PLC
07 June 2017
 

7 June 2017

 

Hurricane Energy plc

 

("Hurricane" or the "Company")

 

Publication of AGM Presentation

 

Hurricane Energy plc, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that a presentation which will be shown at the Annual General Meeting of the Company being held today is available for viewing on the General Meetings page within the Investors section of the Company's website at www.hurricaneenergy.com.

 

Contacts: 

Hurricane Energy plc

Dr Robert Trice (Chief Executive Officer)/
Alistair Stobie (Chief Financial 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

Stifel Nicolaus Europe Limited

Joint Corporate Broker
Callum Stewart/Nicholas Rhodes/Ashton Clanfield

 

+44 (0)20 7710 7600

Vigo Communications

Public Relations
Patrick d'Ancona/Ben Simons

+44 (0)20 7830 9704
Hurricane@vigocomms.com

 

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 - This classification is consistent with SPE/AAPG/WPC and SPEE guidelines for Petroleum Resource Management - Determination of Discovery Status

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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