IN BRIEF: Hurricane Energy says production in second half to be lower
Hurricane Energy PLC - Surrey, England-based oil producer - Says competent person's report on Lancaster field by ERC Equipoise Ltd increases the estimated reserves at the site. The report references December 31. Says production in the six months to March 31 was 9,689 barrels of oil per day, at the upper end of the guidance range of 8,500 to 10,000. Guides between 7,500 and 8,600 bopd for full-year production, which is lower than the first half due to the impact of an annual maintenance shut down to happen in the third quarter. Read More