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IN BRIEF: Hurricane Energy's June oil production at P6 similar to May

19th Jul 2022 11:03

Hurricane Energy PLC - Surrey-based oil and gas producer in fields offshore west of Shetland - Produces roughly similar amount of oil at Lancaster Field's P6 well as in May. Oil production in June stands at 256,000 barrels of oil versus 259,000 in May.

Average production in June at 8,527 barrels of oil per day, slightly higher than May's 8,366 barrels, as June is one day shorter than May. Compared to June 2021, oil production falls to 256,000 barrels from 319,000. June-on-June average oil rate per day falls 20% to 8,527 from 10,640 in June 2021.

Current stock price: 7.33 pence, up 0.4% on Tuesday

12-month change: up from 0.025p

By Tom Budszus; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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