Hurricane Progresses Lancaster Development

Hurricane Energy announced Thursday that its 100 percent owned Lancaster discovery, located west of the Shetlands in P1368, has been granted official oil field status by the UK Oil and Gas Authority.

The development follows Hurricane’s field determination request for Lancaster, which has since been dubbed Oil Field Number 572. Situated in blocks 205/21a, 205/22a and 205/26b, Lancaster was drilled by Hurricane in 2009 and is estimated to contain 2C contingent resources of 207 million barrels of oil equivalent, according to the company’s website.

Robert Trice, Hurricane Energy chief executive, commented in a company statement:

“I’m delighted that the Oil and Gas Authority has granted Lancaster oil field status which is an important step in progressing to first oil from Lancaster. Furthermore, the granting of oil field status for Lancaster helps the partitioning of Hurricane’s other discoveries and prospects that sit within License P1368.”

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