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Hurricane Energy

Hurricane Energy reported that it believes the Greater Lancaster Area is a single hydrocarbon accumulation, which would make it the largest undeveloped discovery on the United Kingdom Continental Shelf. Operations on the 205/23-3A Halifax well were complete with the well leading to an oil discovery, the company said. Initial data analysis also indicated that the well is linked to the Lancaster field and forms a single large hydrocarbon accumulation. Preliminary third-party analysis of the well shows a “very significant” hydrocarbon column of at least 3,792 ft within the basement rock and it extends well below the local structural closure, Hurricane said. Following discussions with the UK Oil and Gas Authority, the company said the well has been suspended with future possibilities of deepening and/or further testing.


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