LSE: HUR       HUR
Last Price Today's Change   Day's Range   Trading Volume
6.57   -5.63 (46.15%)  5.876 - 12.53  280,387,609


Avg Volume (4 weeks):29,398,848
4 Weeks Range:5.876 - 12.70
4 Weeks Price Volatility (%):
52 Weeks Range:5.876 - 64.50
52 Weeks Price Volatility (%):
Average Price Target: 38.00
Price Target Upside/Downside: +31.43


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Business Background

Hurricane Energy plc is engaged in the exploration of oil and gas reserves principally on the United Kingdom Continental Shelf. The Company's acreage is on the United Kingdom Continental Shelf, West of Shetland, on which the Company has approximately two basement reservoir discoveries, each containing approximately 200 million barrels of oil equivalent (MMboe). Its licenses include P1368, P1485, P1835 and P2294. The Company has approximately 450 million barrels of 2C Contingent Resources on acreage. Its Lancaster discovery is located in blocks, including 205/21a, 205/22a and 205/26b. The Whirlwind discovery is located across blocks, including 205/21a and 205/22a in the West of Shetland. The Lincoln Basement prospect is located in 205/26b block. The Typhoon prospect is located in blocks, including 204/22a, 204/23c, 204/27a and 204/28a. The Strathmore Prospect is located in the 204/30a block, and contains oil in Triassic-aged sandstones.

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 TRX 0.475-0.50 
 PREM 0.102-0.012 
 UJO 0.15+0.002 
 HUR 6.57-5.63 
 LLOY 28.12-0.27 
 ICON 0.0260.00 
 ECHO 0.825+0.025 
 BOIL 0.083-0.012 
 MOS 0.34-0.015 
 VOD 130.00+1.20 
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