Completion of Lincoln-14 well plug and abandonment
Updated : 07:00
7 July 2021
Hurricane Energy plc
("Hurricane", or the "Company")
Completion of Lincoln-14 well plug and abandonment operations
Hurricane Energy plc, the UK based oil and gas company, announces the completion of operations to plug and abandon the 205/26b-14 ("Lincoln-14") well on the P1368 (South) licence in the Greater Warwick Area ("GWA"), which Hurricane operates on behalf of the GWA joint venture (Hurricane 50%, Spirit Energy Resources Limited 50%).
The operation was completed within both schedule and budget. The Stena Don semi-submersible rig contracted to undertake the work has now been released.
The Company previously announced that the GWA joint venture had a regulatory obligation to plug and abandon the Lincoln-14 well by 31 October 2021, and this obligation has now been fulfilled.
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Contacts:
Hurricane Energy plc Antony Maris, Chief Executive Officer Philip Corbett, Head of Investor Relations
| +44 (0)1483 862820 |
Stifel Nicolaus Europe Limited Nominated Adviser & Joint Corporate Broker Callum Stewart
| +44 (0)20 7710 7600 |
Investec Bank plc Joint Corporate Broker Chris Sim / Rahul Sharma | +44 (0)20 7597 5970 |
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Vigo Consulting Public Relations Patrick d'Ancona / Ben Simons hurricane@vigoconsulting.com
| +44 (0)20 7390 0230 |
About Hurricane
Hurricane has a 100% interest in and operates the Lancaster field, the UK's first field to produce from a fractured basement reservoir.
Hurricane also has a 50% interest in the Greater Warwick Area licence, which contains the Lincoln and Warwick assets.
Visit Hurricane's website at www.hurricaneenergy.com
Inside Information
This announcement does not contain inside information.
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