23 May 2022 07:00
23 May 2022
Hurricane Energy plc
("Hurricane" or the "Company")
Appointment of Independent Non-Executive Director
Hurricane Energy plc (AIM: HUR), the UK based oil and gas company, is pleased to announce the appointment of Linda Janice Beal as an Independent Non-Executive Director, with immediate effect. Linda will chair the Audit and Risk Committee and become a member of the Remuneration Committee.
Philip Wolfe, Chairman of Hurricane, commented:
"We are delighted to welcome Linda to the board of Hurricane as an independent non-executive director. Her extensive experience as a tax partner at both PwC and Grant Thornton advising international E&P clients, coupled with her recent career serving as a director of listed small cap natural resources businesses will bring an immediate and meaningful contribution to the work of our Board as we make important financial and strategic decisions. In addition, her in-depth financial knowledge and governance expertise will be of great benefit as Audit and Risk Committee Chair.
"We ran an extensive and thorough search process managed by a leading sector-focused executive search firm, Preng & Associates, which covered a diverse range of really strong candidates. Linda was the standout candidate and we are very pleased that she has accepted our offer to join the Board. "
Ends
Contacts:
Hurricane Energy plc Antony Maris, Chief Executive Officer communications@hurricaneenergy.com | +44 (0)1483 862820 |
Stifel Nicolaus Europe Limited Nominated Adviser & Joint Corporate Broker Callum Stewart / Jason Grossman | +44 (0)20 7710 7600 |
Investec Bank plc Joint Corporate Broker Chris Sim / Jarrett Silver / Charles Craven | +44 (0)20 7597 5970 |
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Vigo Consulting Public Relations Patrick d'Ancona / Ben Simons hurricane@vigoconsulting.com
| +44 (0)20 7390 0230 |
Linda Beal's current directorships and partnerships together with those held within the last five years are set out below:
Current appointments: | Appointments within previous 5 years: |
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| Aminex PLC FlowStream Royalties Limited |
Auxxilia Limited | |
Airnow PLC | |
Global Pricing Innovations Ltd | San Leon Energy PLC |
i3 Energy plc | Tax Systems plc |
Kropz plc |
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Linda Beal Consulting LLP |
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Orca Energy Group Inc |
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Linda Janice Beal, née Coxon, (aged 60) does not own any shares in the Company and has confirmed that there is no further information to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules.
About Hurricane
Hurricane has a 100% interest in and operates the Lancaster field, the UK's first field to produce from a fractured basement reservoir.
Hurricane also has a 50% interest in the Greater Warwick Area licence, which contains the Lincoln and Warwick assets.
Visit Hurricane's website at www.hurricaneenergy.com
Inside Information
This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No. 596/2014 on Market Abuse ("UK MAR"), as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, and Regulation (EU) No. 596/2014 on Market Abuse ("EU MAR").
HUR.L (HUR)