Hurricane Energy Says Lancaster Oil Production Was 9,394 B/D in February
17 Março 2022 - 08:09AM
Dow Jones News
By Jaime Llinares Taboada
Hurricane Energy PLC on Thursday reported that its Lancaster
field offshore U.K. produced 9,394 barrels of oil a day in
February.
The U.K. oil-and-gas producer said that there was no lifting of
crude in February, and that the next cargo is expected in late
March. Net free cash as at Feb. 28 was $71 million. The company had
to lodge 5.7 million pounds ($7.5 million) of funds last month as
decommissioning security following a request from the
regulator.
Hurricane has $78.5 million of convertible bonds outstanding and
due in July.
"Through a combination of further strong operational performance
at Lancaster and continued high commodity prices, coupled with our
ongoing constructive discussions with Bluewater over a charter
extension for the Aoka Mizu, we continue to build the platform for
Hurricane's future," Chief Executive Antony Maris said.
Shares at 1027 GMT were up 6.1% at 8.62 pence.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
March 17, 2022 06:54 ET (10:54 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Hurricane Energy (LSE:HUR)
Gráfico Histórico do Ativo
De Mar 2023 até Mar 2023
Hurricane Energy (LSE:HUR)
Gráfico Histórico do Ativo
De Mar 2022 até Mar 2023
