Profits soar at Hurricane as oil prices rocket
26th May 2023 11:29
(Sharecast News) - North Sea specialist Hurricane Energy reported a surge in annual profits on Friday, as oil prices hit record highs.
Read moreHurricane Energy sees Lancaster field production slip
18th Apr 2023 09:49
(Sharecast News) - Oil and gas firm Hurricane Energy said on Tuesday that production at its Lancaster Field asset had fallen in the three months ended 31 March.
Read morePrax to buy Hurricane Energy in £249m deal
16th Mar 2023 14:53
(Sharecast News) - Hurricane Energy said on Thursday that it has agreed to be bought by Prax Exploration & Production in a deal worth up to £249m.
Read moreHunt's levy changes to have little effect on Hurricane Energy
18th Nov 2022 14:48
(Sharecast News) - Hurricane Energy responded to the Chancellor's autumn statement on Friday, which contained changes to the Energy Profits Levy (EPL).
Read moreHurricane Energy launches formal sale process after unsolicited offer
2nd Nov 2022 09:29
(Sharecast News) - Hurricane Energy said on Wednesday that it has decided to launch a formal sale process after receiving an unsolicited offer of 7.7p per share in cash.
Read moreHurricane Energy launches formal sale process after unsolicited offer
2nd Nov 2022 09:29
(Sharecast News) - Hurricane Energy said on Wednesday that it has decided to launch a formal sale process after receiving an unsolicited offer of 7.7p per share in cash.
Read moreHurricane Energy's Lancaster field produces 258,000 barrels in July
11th Aug 2022 07:14
(Sharecast News) - Oil and gas producer Hurricane Energy said on Thursday provided an update on activities at its Lancaster field off the west coast of Shetland.
Read moreCanaccord Genuity upgrades Hurricane Energy to 'speculative buy'
10th Jun 2022 12:19
(Sharecast News) - Analysts at Canaccord Genuity upgraded exploration and production firm Hurricane Energy from 'hold' to 'speculative buy' on Friday, stating the company had "weathered significant storms" that had nearly left it shipwrecked.
Read moreHurricane Energy scraps further appraisal and development work in Greater Warwick Area
1st Jun 2022 08:14
(Sharecast News) - Oil and gas company Hurricane Energy said on Wednesday that it had determined further appraisal and development work to reach an economic development in the Greater Warwick Area within its remaining licence term was no longer feasible.
Read moreHurricane's net cash grows as oil prices rise
20th Apr 2022 12:56
(Sharecast News) - Hurricane Energy said in an update on Wednesday that as at 17 April, the Lancaster Field was producing around 9,150 barrels of oil per day from the P6 well alone, with an associated water cut of 43%.
Read moreHurricane Energy reports strong production and reserves
14th Apr 2022 07:42
(Sharecast News) - Hurricane Energy said production was near the higher end of guidance in the past six months and that the estimate for reserves at its Lancaster field had increased.
Read moreCanaccord Genuity upgrades Hurricane to 'hold'
7th Apr 2022 13:40
(Sharecast News) - Analysts at Canaccord Genuity upgraded exploration and production firm Hurricane Energy from 'sell' to 'hold' on Thursday, stating the group appeared to be "pivoting to better times".
Read moreHurricane Energy produces 9,639 bopd from Lancaster in January
16th Feb 2022 10:38
(Sharecast News) - Hurricane Energy said it produced 9,639 barrels of oil a day in January at its Scottish Lancaster Field and had been asked by the industry regulator to lodge additional funds as a decommissioning security.
Read moreLondon open: Stocks rise as markets mull weak data, rate hike expectations
17th Sep 2021 09:40
(Sharecast News) - Stocks are holding onto early gains despite the release of data showing a fourth consecutive monthly drop in UK retail sales - their worst stretch since 1996 - which led some economists to question just how soon the Bank of England might be ready to raise interest rates.
Read moreHurricane Energy launches $230m convertible bond tender offer
31st Aug 2021 08:09
(Sharecast News) - Oil company Hurricane Energy has launched a tender offer to repurchase as much as $230.0m worth of convertible bonds due in 2022 using a portion of its current cash balances.
Read more