REG - Hurricane Energy PLC - Availability of Annual Report

Hurricane EnergyAnnouncement

17/04/2020 07:00

RNS Number : 9551J
  
Hurricane Energy PLC
  
17 April 2020
  
 

17 April 2020
Hurricane Energy plc
 
("Hurricane" or the "Company")
 
Availability of Annual Report and Group Financial Statements
 
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that electronic copies of its Annual Report and Group Financial Statements for the year ended 31 December 2019 ("Annual Report") have been published today in the Investors section of the Company's website at www.hurricaneenergy.com.
 
Alongside the Annual Report, Hurricane has also published its first standalone Environmental, Social and Governance (ESG) Report.
 
Printed copies of the Annual Report will be posted to registered shareholders who have elected to receive paper communications on 27 April 2020, together with the notice of the Company's 2019 Annual General Meeting and form of proxy.
 
Contacts: 
 




Hurricane Energy plc
Dr Robert Trice, Chief Executive Officer
 


+44 (0)1483 862 820




Stifel Nicolaus Europe Limited 
Nominated Adviser & Joint Corporate Broker
Callum Stewart / Ashton Clanfield
 


+44 (0)20 7710 7600




Morgan Stanley & Co. International plc
Joint Corporate Broker
Andrew Foster / Tom Perry / Alex Smart
 


+44 (0)20 7425 8000




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.
Glossary




FPSO


Floating production storage and offloading vessel




Spirit Energy


Spirit Energy Limited




 
Inside Information
 
This announcement does not contain inside information.
 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
  END
 
 
ACSEANLKFAPEEFA