TIDMHUR

RNS Number : 7236F

Hurricane Energy PLC

22 May 2017

22 May 2017

Hurricane Energy plc

("Hurricane" or the "Company")

Availability of Annual Report and Financial Statements

&

Notice of Annual General Meeting

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that electronic copies of its Annual Report and Group Financial Statements for the year ended 31 December 2016 have been published today in the Investors section of the Company's website at www.hurricaneenergy.com. Shareholders who have requested hard copies will receive these in the post in due course, following printing.

Notice of the Annual General Meeting ("AGM") of the Company has been sent to shareholders and is also available on the Company's website. The AGM will be held at 11.00 a.m. on Wednesday, 7 June 2017 at The Science Suite, Royal Society of Chemistry, Burlington House, Piccadilly, London, W1J 0BA.

Contacts:

 
                        Dr Robert Trice (Chief 
 Hurricane               Executive Officer)/ 
  Energy                 Alistair Stobie (Chief     +44 (0)1483 862 
  plc                    Financial Officer)          820 
                        Nominated Adviser 
                         and Joint Corporate 
 Cenkos                  Broker 
  Securities             Derrick Lee/Nick           +44 (0)131 220 
  plc                    Tulloch/Beth McKiernan      6939 
 Stifel 
  Nicolaus              Joint Corporate Broker 
  Europe                 Callum Stewart/Nicholas    +44 (0)20 7710 
  Limited                Rhodes/Ashton Clanfield     7600 
 Vigo Communications    Public Relations            +44 (0)20 7830 
                         Patrick d'Ancona/Ben        9704 
                         Simons                      Hurricane@vigocomms.com 
 

About Hurricane

Hurricane was established to discover, appraise and develop hydrocarbon resources associated with naturally fractured basement reservoirs.

Hurricane's acreage is concentrated on the Rona Ridge, West of Shetland. The Lancaster licence, the Company's most appraised asset, has combined 2P Reserves and 2C Resources of 523 million barrels. In addition, the Company has 205 million barrels of oil equivalent on its Whirlwind licence (under the Whirlwind oil case).

During the 2016-2017 drilling campaign the Company made two significant discoveries* at Halifax and Lincoln, indicating that the Greater Lancaster Area and the Greater Warwick Area have the potential to be two large accumulations.

*Discovery - This classification is consistent with SPE/AAPG/WPC and SPEE guidelines for Petroleum Resource Management - Determination of Discovery Status

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

May 22, 2017 02:01 ET (06:01 GMT)

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