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Hurricane Energy plc

Sector: Oil and Gas • Location: Scotland, United Kingdom

Source: Financial Conduct Authority (FCA)

AssetPrivate

Acquisition of Hurricane Energy plc, an oil and gas exploration and production company with a 100% operated interest in the Lancaster Field offshore West of Shetlands, UK Continental Shelf. The acquisition values Hurricane at approximately £249 million, including cash dividends and deferred consideration units. The Lancaster Field has proved and probable reserves of 6.6 million barrels and product

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The project “Hurricane Energy plc” is an infrastructure initiative in the Oil and Gas sector, located in Scotland, United Kingdom. Taiyo aggregates data on it from Financial Conduct Authority (FCA).

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Description

Description

Acquisition of Hurricane Energy plc, an oil and gas exploration and production company with a 100% operated interest in the Lancaster Field offshore West of Shetlands, UK Continental Shelf. The acquisition values Hurricane at approximately £249 million, including cash dividends and deferred consideration units. The Lancaster Field has proved and probable reserves of 6.6 million barrels and production projected until August 2025.

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