6th Nov 2014 09:49
LONDON (Alliance News) - Hurricane Energy PLC on Thursday said it has been given licence extensions for the Typhoon and Tempest basement prospects on the UK Continental Shelf.
The prospects are based to the west of Lancaster. In its first-half results in September, Hurricane said it intended to commission a revised third-party, or competent persons report, that will be published during the first quarter of 2015, after it got positive results from a horizontal well it drilled on the Lancaster discovery earlier in the month.
Hurricane shares were down 0.1% to 20.98 pence on Thursday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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