Hurricane Energy PLC Result of AGM (4294H)
June 07 2017 - 10:58AM
UK Regulatory
TIDMHUR
RNS Number : 4294H
Hurricane Energy PLC
07 June 2017
7 June 2017
Hurricane Energy plc
("Hurricane" or the "Company")
Result of Annual General Meeting
Hurricane Energy plc, the UK based oil and gas company focused
on hydrocarbon resources in naturally fractured basement
reservoirs, announces that all resolutions put to shareholders at
the Annual General Meeting of the Company held earlier today were
duly passed.
Contacts:
Dr Robert Trice (Chief
Hurricane Executive Officer)/
Energy Alistair Stobie (Chief +44 (0)1483 862
plc Financial Officer) 820
Nominated Adviser
and Joint Corporate
Cenkos Broker
Securities Derrick Lee/Nick +44 (0)131 220
plc Tulloch/Beth McKiernan 6939
Stifel
Nicolaus Joint Corporate Broker
Europe Callum Stewart/Nicholas +44 (0)20 7710
Limited Rhodes/Ashton Clanfield 7600
Vigo Communications Public Relations +44 (0)20 7830
Patrick d'Ancona/Ben 9704
Simons Hurricane@vigocomms.com
About Hurricane
Hurricane was established to discover, appraise and develop
hydrocarbon resources associated with naturally fractured basement
reservoirs.
Hurricane's acreage is concentrated on the Rona Ridge, West of
Shetland. The Lancaster licence, the Company's most appraised
asset, has combined 2P Reserves and 2C Resources of 523 million
barrels. In addition, the Company has 205 million barrels of oil
equivalent on its Whirlwind licence (under the Whirlwind oil
case).
During the 2016-2017 drilling campaign the Company made two
significant discoveries* at Halifax and Lincoln, indicating that
the Greater Lancaster Area and the Greater Warwick Area have the
potential to be two large accumulations.
*Discovery - This classification is consistent with SPE/AAPG/WPC
and SPEE guidelines for Petroleum Resource Management -
Determination of Discovery Status
This information is provided by RNS
The company news service from the London Stock Exchange
END
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