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 ensure we are fully prepared for this mobilisation and we are ready to take advantage of the early drilling season on this important appraisal well," Chief Executive Robert Trice said in a statement.
Hurricane Energy shares were up 3.6% at 28.5 pence Wednesday morning.
By Steve McGrath; [email protected]; @SteveMcGrath1
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