Hurricane Energy PLC Death of a Director (1442S)
July 06 2020 - 6:49AM
UK Regulatory
TIDMHUR
RNS Number : 1442S
Hurricane Energy PLC
06 July 2020
6 July 2020
Hurricane Energy plc
("Hurricane" or the "Company")
Death of a Director
Hurricane Energy plc is deeply saddened to announce that Neil
Platt, Chief Operations Officer, executive director and hugely
respected colleague, passed away on 5 July 2020. Hurricane's Board
of Directors extends its deepest condolences and sympathies to
Neil's family at this time and would like to place on record its
sincere gratitude for the exceptional role he has played in the
development of the Company.
Steve Holmes, Production Operations Director, has been appointed
Acting Chief Operations Officer.
Steven McTiernan, Chairman, commented:
"Everyone at Hurricane is deeply saddened by this news and our
thoughts and sympathies are with Neil's family and friends. Neil's
passion, enthusiasm and technical excellence were integral to the
Company's growth over the past decade. His leadership was pivotal
to the successful delivery and operation of the Lancaster Early
Production System. This outstanding achievement is a fitting legacy
for his career at Hurricane and will always remind us of his huge
contribution. We will miss him terribly."
-ends-
Contacts:
Hurricane Energy plc
Beverley Smith, Interim Chief Executive Officer +44 (0)1483 862
Philip Corbett, Head of Investor Relations 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.
Inside Information
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under the market abuse regulation (EU no. 596/2014). Upon the
publication of this announcement via regulatory information service
this inside information is now considered to be in the public
domain.
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END
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