Troubled oil and gas firm Hurricane Energy recorded revenues of about $69 million (£49.8m) in the second quarter of 2020.
Hurricane Energy’s shareholder will vote next month on whether or not to oust several members of the company’s current board of directors.
One of Hurricane Energy’s biggest shareholders has moved to have several members ousted from the company’s board with “immediate effect”.
Hurricane Energy today dashed hopes that it could boost production from its Lancaster field, west of Shetland, with a new well in 2021.
Exclusive: Lancaster climbdown no surprise to geologist who clashed with OGA and Hurricane management
A retired geologist has claimed Hurricane Energy’s huge climbdown on its west of Shetland oil resource estimates could have been avoided if his warning had been heeded in 2016-17.
Hurricane Energy has warned a “material downgrade” is possible to its 2.6billion barrel contingent resources following a technical review of its operations.
The shut-in of one of the Lancaster field’s two production wells is a “bump in the road” that didn’t warrant such a large drop in Hurricane Energy shares, an analyst said.
An offshore worker who was evacuated from an installation west of Shetland in a “life and death situation” has now recovered after contracting the coronavirus.
Bosses at North Sea operator Hurricane Energy have announced today that they are "very pleased" with the performance of the firm's Lancaster discovery for the first quarter of 2020.
A “seriously ill” offshore worker has contracted coronavirus and been airlifted to hospital from Hurricane Energy’s Lancaster field in the West of Shetland.
Transocean has revealed new details of its contract with Hurricane Energy for work in the west of Shetland.
A “knee-jerk” reaction from investors to a combination of factors including recent results, Brexit and the coronavirus have been blamed for a 20% slide in Hurricane Energy’s share price.
Hurricane Energy has insisted it is “not aware of any subsurface, operational or commercial reasons” for a steep decline in its share price in the last week.
Hurricane Energy has confirmed it has struck oil at its Lincoln Crestal well in the West of Shetland.
UK-based oil and gas firm Hurricane Energy has announced that it's first lift from the west of Shetland Lancaster field has "generated first revenue".
Hurricane Energy has begun the "start-up" phase at its flagship Lancaster field, west of Shetland.
Bosses at Hurricane Energy said today that they were looking forward to an "exciting" 2019 as the company gears up for first oil from its flagship Lancaster field, west of Shetland.
The west of Shetland Lancaster field could create a “paradigm shift” for North Sea exploration drilling, according to the chief executive of Hurricane Energy.
North Sea explorer Hurricane Energy said today that another major milestone had been reached in the quest for first oil from the Lancaster field.
UK authorities have given Hurricane Energy permission to forge ahead with the early production system (EPS) for the Lancaster field, west of Shetland.
North Sea firm Hurricane Energy said today that a new study had revealed a large increase in recoverable volumes held in its Lancaster field west of Shetland.
Hurricane Energy’s recent announcement of a major discovery at its Halifax well, West of Shetlands is very significant for the UK oil and gas industry. At a time when investment has been seriously reduced by the low oil price, and in the absence of any significant new finds, it heralds a potential revival in the sector.
On April 7, Hurricane said its latest estimate for Lancaster field reserves had been upgraded threefold to just shy of 600million barrels based on a predicted 25% recovery factor.
Hurricane Energy proves Lancaster and Halifax are one structure, claims it is largest undeveloped discovery on the UKCS
Hurricane Energy claim to have data that backs up the company's view that the Lancaster field and Halifax prospect is one single large hydrocarbon accumulation.
Hurricane Energy said today it had taken another step towards production start-up from the North Sea Lancaster discovery after completing a second sidetrack well on the field.