|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.7200 - 0.7200|
|52 Week Range||0.5060 - 0.7700|
|Beta (3Y Monthly)||0.55|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Hurricane's floating production, storage and offloading (FPSO) vessel was connected to the group's North Sea Lancaster oilfield in March after a technical hiccup in January. Hurricane expects the field - which it started up on Saturday - to produce at a plateau of 17,000 barrels of oil per day.
Hurricane Energy's floating production, storage and offloading (FPSO) vessel has been connected to the group's North Sea Lancaster oilfield, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain. "The Aoka Mizu FPSO arrived at the Lancaster field on 17 March 2019 and successfully hooked up to the turret mooring system buoy on the morning of 19 March 2019. Lundin Petroleum in August announced good productivity from a fractured reservoir in the Norwegian North Sea.
Hurricane Energy says the installation of subsea umbilical, risers and flowlines for the Lancaster Early Production System has been 'successfully completed'.
Spirit Energy, backed by Centrica (CNA.L), has agreed to invest almost $400 million (£310.4 million) in exchange for 50 percent of Hurricane Energy's (HUR.L) Greater Warwick Area (GWA) North Sea oil project, Hurricane said on Monday. The deal aims to confirm 500 million barrels of reserves in the area west of Britain's Shetland Islands which would be a major boost for the North Sea basin. Currently there is no such field in production in Britain but Lundin Petroleum (LUPE.ST) last month announced good productivity from a fractured reservoir in the Norwegian North Sea.