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Appointment of Joint Corporate Broker

27 Jan 2021 07:00

RNS Number : 9757M
Hurricane Energy PLC
27 January 2021
 

27 January 2021

Hurricane Energy plc

 

("Hurricane" or the "Company")

 

 Appointment of Joint Corporate Broker

 

Hurricane Energy plc, the UK based oil and gas company, is pleased to announce the appointment of Investec Bank plc as Joint Corporate Broker with immediate effect.

 

-ends-

 

Contacts: 

 

Hurricane Energy plc

Antony Maris, Chief Executive Officer

Philip Corbett, Head of Investor Relations

 

+44 (0)14 8386 2820

Stifel Nicolaus Europe Limited

Nominated Adviser & Joint Corporate Broker

Callum Stewart / Ashton Clanfield

 

+44 (0)20 7710 7600

Investec Bank plc

Joint Corporate Broker

Chris Sim / Rahul Sharma

 

+44 (0)20 7597 5970

Vigo Communications

Public Relations

Patrick d'Ancona / Ben Simons

hurricane@vigocomms.com

+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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