Hurricane Energy (HUR)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

3.02p
   
  • Change Today:
    -0.061p
  • 52 Week High: 5.00
  • 52 Week Low: 0.66
  • Currency: UK Pounds
  • Shares Issued: 1,991.87m
  • Volume: 5,399,666
  • Market Cap: £60.13m
  • RiskGrade: 170

Hurricane progresses plans to plug and abandon Lincoln-14

By Josh White

Date: Wednesday 16 Jun 2021

LONDON (ShareCast) - (Sharecast News) - UK-based oil and gas company Hurricane Energy updated the market on operations to plug and abandon the Lincoln-14 well on the South licence in the Greater Warwick Area on Wednesday, which Hurricane operates on behalf of the GWA 50-50 joint venture with Spirit Energy Resources.
The AIM-traded firm had previously said that the joint venture had a regulatory obligation to plug and abandon the Lincoln-14 well by 31 October 2021, and that a rig had been contracted by Hurricane, as licence operator, for that purpose.

"The company can confirm that the Stena Don semi-submersible rig is now on hire," the board said on Wednesday.

"The Lincoln-14 plug and abandonment is scheduled to take 20 to 25 days to complete, with a gross budgeted campaign cost of $13m."

At 1107 BST, shares in Hurricane Energy were up 4.17% at 1.25p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HUR Market Data

Currency UK Pounds
Share Price 3.02p
Change Today -0.061p
% Change -1.98 %
52 Week High 5.00
52 Week Low 0.66
Volume 5,399,666
Shares Issued 1,991.87m
Market Cap £60.13m
RiskGrade 170

HUR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.21% above the market average71.21% above the market average71.21% above the market average71.21% above the market average71.21% above the market average
70.00% above the sector average70.00% above the sector average70.00% above the sector average70.00% above the sector average70.00% above the sector average
Price Trend
79.07% below the market average79.07% below the market average79.07% below the market average79.07% below the market average79.07% below the market average
65.59% below the sector average65.59% below the sector average65.59% below the sector average65.59% below the sector average65.59% below the sector average
Income Not Available
Growth
10.65% above the market average10.65% above the market average10.65% above the market average10.65% above the market average10.65% above the market average
5.66% above the sector average5.66% above the sector average5.66% above the sector average5.66% above the sector average5.66% above the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 2
Sell 0
Strong Sell 1
Total 3
sell
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HUR Dividends

No dividends found

Trades for 21-Sep-2021

Time Volume / Share Price
16:29 29,316 @ 3.04p
16:20 3,408 @ 2.96p
16:19 300,000 @ 3.05p
16:11 21,246 @ 3.01p
16:10 29,611 @ 3.01p

HUR Key Personnel

CEO Antony Maris

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