North Sea operator Hurricane Energy (LON:HUR) is to carry out a planned shutdown of its flagship Lancaster field next month.
Hurricane Energy (LON: HUR) is weighing up an M&A deal or a potential $250m boost to its existing Lancaster asset in the West of Shetland.
Hurricane Energy (LON: HUR) has reached a “key milestone” paying off more than $78.5m in convertible bonds to its lenders.
Hurricane Energy (LON: HUR) is ready to pay off its debt next week with cash to spare, in a remarkable turnaround in fortunes over the last year.
Robin Allan, the former UK North Sea boss at Premier Oil, has joined the board of West of Shetland operator Hurricane Energy (LON: HUR).
Hurricane Energy (LON: HUR) and its partner Spirit Energy have given up on the Warwick Area in the West of Shetland.
The chief executive of Hurricane Energy took home more than £400,000 during a year of “profound change” for the beleaguered firm.
Hurricane Energy has predicted that the end of its flagship Lancaster field’s production life will arrive at around the end of 2023.
Hurricane Energy has submitted a decommissioning plan for the Aoka Mizu floating production storage and offload (FPSO) vessel serving its Lancaster field, less than three years after production began.
Hurricane Energy (LON:HUR) lifted its 28th cargo of oil from the Lancaster field last month, as new resource estimates and an FPSO charter extension suggest a prolonged life for the asset.
Hurricane Energy (LON: HUR) expects to get some extra barrels out of its flagship Lancaster field, as set out in a new competent person’s report.
Troubled North Sea oil firm Hurricane Energy has struck a deal to extend the stay of the FPSO on its flagship Lancaster field.
A production and financial update from Hurricane Energy suggests production at its Lancaster field is holding within its guidance, albeit with a rising water cut.
More than 500,000 barrels of oil were lifted from Hurricane Energy’s (LON: HUR) Lancaster field at the end of last month.
Troubled North Sea oil and gas firm Hurricane Energy (LON: HUR) has shuffled its top team after a request from its activist investor.
Investment fund Crystal Amber has claimed that prospects for the flagship Hurricane Energy Lancaster field may be better than have been presented, and that it could sustain production to 2025.
Hurricane Energy (LSE: HUR) says no production issues have arisen at Lancaster despite it falling below the ‘bubble point’ last month.
Hurricane Energy (LON: HUR) has said "no further action is necessary" having completed a review into its failed restructuring plan earlier this year.
Hurricane Energy has said it remains in positive discussions to extend the stay of the FPSO on its flagship Lancaster field, but issued a warning over funds as a debt deadline looms.
Hurricane Energy (LON: HUR) is continuing to “evaluate options” to bolster production from its flagship Lancaster field after a “very challenging” start to 2021.
Hurricane Energy (LON: HUR) shares have dropped by 25% after announcing it expects to reach the production “bubble point” at its flagship Lancaster field as early as the first quarter of next year.
The chairman of activist fund Crystal Amber has claimed its “decisive action” saved $22million which would have been lost from Hurricane Energy.
Hurricane Energy has hailed the sale of 10million barrels of oil produced from the Lancaster field in the West of Shetland.
UK oil and gas company Hurricane Energy has repelled moves by an activist investor to appoint new directors to its board.
Shares in Hurricane Energy climbed this morning after activist fund Crystal Amber hoisted its holding in the troubled oil firm above 25%.