REG - Hunting PLC - Organic Oil Recovery Pilot Test Result

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RNS Number : 0620T  Hunting PLC  16 February 2026

 For Immediate Release  16 February 2026

 

 

 Hunting PLC

 

("Hunting" or "the Company" or "the Group")

 

Organic Oil Recovery Pilot Test Result

 

Hunting PLC (LSE: HTG), the global precision engineering group, today notes
the stock exchange announcement issued by Buccaneer Energy PLC (AIM : BUCE),
which details the pilot test results at its Pine Mills field in East Texas,
using Hunting's Organic Oil Recovery enhanced oil recovery solution.

 

As noted in the announcement, production within the oil wells reported a 100%
uplift, and in one well reduced the water cut to zero. Buccaneer Energy notes
that the OOR technology will be rolled out across other wells within its
portfolio.

 

Hunting is delighted with this successful pilot treatment, which highlights
the impact that the Company's OOR solution can have on oil production.

 

Commenting on this result, Jim Johnson, Chief Executive said:

 

"This well result supports our confidence in the OOR technology, as a lower
cost enhanced oil recovery solution which can be utilised in many oil wells
globally."

 

For further information please contact:

 

 Hunting PLC                        Tel: +44 (0) 20 7321 0123

 Jim Johnson, Chief Executive

 Bruce Ferguson, Finance Director

 Sodali & Co                        Tel: +44 (0) 78 5543 2699

 James White

 Tilly Abraham

 

or

 

lon.IR@hunting-intl.com

 

About Hunting PLC

 

Hunting is a global, precision engineering group that provides
precision-manufactured equipment and premium services, which add value for our
customers. Established in 1874, it is a listed public company, quoted on the
London Stock Exchange in the Equity Shares in Commercial Companies ("ESCC")
category. The Company maintains a corporate office in Houston and is
headquartered in London. As well as the United Kingdom, the Company has
operations in China, India, Indonesia, Mexico, Saudi Arabia, Singapore, United
Arab Emirates and the United States of America.

 

The Group reports in US dollars across five operating segments: Hunting Titan;
North America; Subsea Technologies; Europe, Middle East and Africa ("EMEA");
and Asia Pacific.

 

The Group also reports revenue and EBITDA financial metrics based on five
product groups: OCTG; Perforating Systems; Subsea; Advanced Manufacturing; and
Other Manufacturing.

 

Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66

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