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18 Jun 2019 | 09:58

Hurricane Energy sells first cargo from Lancaster field

Hurricane Energy said it had sold its first cargo in June from its Lancaster field.

On 18 June 2019, Hurricane sold its first cargo which was lifted from the Aoka Mizu FPSO by the Amundsen Spirit shuttle tanker.

The cargo was marketed by BP Oil International Limited, pursuant to the offtake agreement, the company said.

'First lifting from the Lancaster EPS marks the generation of Hurricane's first revenue. We are now building the cash flow necessary to invest in the further appraisal and development of Hurricane's basement assets, the company said.

At 9:58am: (LON:HUR) Hurricane Energy Plc Ord 0.1p share price was -0.22p at 55.48p

Story provided by StockMarketWire.com
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