Hurricane Energy plc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Antony Maris
- Full Time Employees
- 35
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- The Wharf Godalming United Kingdom GU7 2QN
- IPO Date
- Sep 2, 2014
- Website
- hurricaneenergy.com
- Similar Companies
- Business
- Hurricane Energy plc, a United Kingdom-based oil and gas exploration and production company, discovers, appraises and develops hydrocarbon resources from naturally fractured basement reservoirs on the UK Continental Shelf west of Shetland. The company holds a 100% operated interest in the Lancaster oil field, which achieved first oil production in 2019 via the Aoka Mizu FPSO and produces at rates of up to 17,000 barrels of oil per day; it also maintains licenses focused on the Rona Ridge encompassing assets including Lincoln, Halifax and Warwick prospects for future appraisal and development. Operations target the frontier West of Shetland basin, serving oil markets through safe production and maintenance activities such as annual shutdowns and subsea inspections. Founded in 2004 and formerly known as Hurricane Exploration plc until its name change in 2013, Hurricane Energy maintains headquarters in Godalming, United Kingdom. In October 2023, Prax Group successfully completed its strategic acquisition of Hurricane Energy, integrating the Lancaster field and related expertise into Prax's upstream portfolio to support long-term growth across the oil value chain; this transaction provided Hurricane shareholders with cash payments and deferred consideration units tied to future production performance and oil prices. The acquisition positioned Hurricane as a foundational asset for Prax's North Sea expansion amid ongoing production from Lancaster. No major operational disruptions, new product launches, funding rounds or further acquisitions have been reported through 2025, though Prax Group faced separate financial challenges leading to its administration in June 2025.
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