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Hurricane Energy PLC - Change of Adviser

RNS Number : 7067C
Hurricane Energy PLC
21 October 2020
 

21 October 2020

Hurricane Energy plc

 

("Hurricane" or the "Company")

 

Change of Adviser

 

Hurricane Energy plc, the UK based oil and gas company, announces that Stifel Nicolaus Europe Limited is the Company's Nominated Adviser and sole Corporate Broker with immediate effect.

 

-ends-

 

Contacts: 

 

Hurricane Energy plc

Antony Maris, Chief Executive Officer

Philip Corbett, Head of Investor Relations

 

+44 (0)1483 862 820

Stifel Nicolaus Europe Limited

Nominated Adviser & Corporate Broker

Callum Stewart / Ashton Clanfield

 

+44 (0)20 7710 7600

Vigo Communications

Public Relations

Patrick d'Ancona / Ben Simons

[email protected]

+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

 

Inside Information

 

This announcement does not contain inside information.

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Quick facts: Hurricane Energy PLC

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Market: LSE
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