LONDON (Alliance News) - Hurricane Energy PLC said Monday it has completed the drilling phase of its ongoing operation to drill and test a horizontal appraisal well on its Lancaster discovery, West of Shetland. The UK-based oil and gas company, which focuses on hydrocarbon resources in natu Read More

Hurricane Energy Pretax Loss Widens On Costs And Charges

14th May 2014 11:03

LONDON (Alliance News) - Hurricane Energy PLC Tuesday said its pretax loss widened in 2013 when compared to the previous 16 months as finance costs and losses on fair value of its assets hit the company as it moves towards drilling new opportunities in the UK North Sea. The newly listed UK Read More

Hurricane Energy Starts Appraisal Well At Lancaster

28th Apr 2014 09:08

LONDON (Alliance News) - Hurricane Energy PLC Monday said it had started an horizontal appraisal well at its Lancaster site over the weekend. "The company is using the Transocean Sedco 712 semi-submersible drilling rig for the operation which is intended to drill and test the Lancaster base Read More

Hurricane Energy Rises As Its Starts Mobilising Rig For Lancaster Discovery

16th Apr 2014 08:33

LONDON (Alliance News) - Hurricane Energy PLC, the UK oil and gas company that listed in February, Wednesday said it has started mobilising the Transocean Sedco 712 semi-submersible drilling rig, which will drill and test its Lancaster basement oil discovery. "The team has worked hard to en Read More

UK MORNING BRIEFING: Shares Open Lower; Ocado Losses Widen

4th Feb 2014 08:29

LONDON (Alliance News) - UK shares have opened lower Tuesday amid continued worries about the US economy. Ocado shares are down 4.5% as it reported a wider pretax loss for 2013, though the online grocer said it expects to reach profitability this year. Br Read More

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