REG - Hurricane Energy PLC - Holding(s) in Company
RNS Number : 4356SHurricane Energy PLC08 July 20208 July 2020
Hurricane Energy plc
("Hurricane" or the "Company")
Holding(s) in Company
Hurricane Energy plc announces that on 7 July 2020 it received notification that Pelham Capital Ltd. no longer has a notifiable interest in the issued share capital of the Company.
-ends-
Contacts:
Hurricane Energy plc
Philip Corbett, Head of Investor Relations
+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 Energy
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.
This announcement does not contain inside information
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