08:00 Mon 09 Sep 2019
Hurricane Energy PLC - 'Lincoln Crestal' 205/26b-14 Well Update
("Hurricane" or the "Company")
'Lincoln Crestal' 205/26b-14 Well Update
The Company notes speculation regarding the flare on the Transocean Leader drilling rig. The Company confirms that a drill stem test on the Lincoln Crestal well has produced oil to surface, resulting in a flare. At 13:10 on Sunday
The Company will update the market on initial results of the well, including flow rates and oil type, following completion of the ongoing testing phase.
Contacts:
Dr
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+44 (0)1483 862 820 |
Nominated Adviser & Joint Corporate Broker
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+44 (0)20 7710 7600 |
Joint Corporate Broker
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+44 (0)20 7425 8000 |
Public Relations Patrick d'Ancona / |
+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
The
Hurricane's other assets include
In
Glossary
2P Reserves |
Proved plus probable reserves under the |
2C Contingent resources |
Best case contingent resources under the |
bopd |
Barrels of oil per day |
FPSO |
Floating production storage and offloading vessel |
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Inside Information
This announcement contains inside information as stipulated under the market abuse regulation (EU no. 596/2014). Upon the publication of this announcement via regulatory information service this inside information is now considered to be in the public domain.
Competent Person
The technical information in this release has been reviewed by Dr
Standard
Resource estimates contained in this announcement have been prepared in accordance with the Petroleum Resource Management System guidelines endorsed by the
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