Completion of Lincoln-14 well plug and abandonment

RNS Number : 3705E
Hurricane Energy PLC
07 July 2021
 

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.

 

 

-ends-

 

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

 

 

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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