Hurricane Exploration and Sunshine Gas have secured a rig to drill their West of Shetlands prospect in mid 2006. This is a significant achievement in a tight rig market and will allow the partners to participate in the drilling of a high upside oil prospect this year.
Peak Well Management will be the Project Manager which includes the services of the Bredford Dolphin for the drilling of the Wellington Prospect (formally Prospect 2).
Sunshine Oil plc (a wholly owned subsidiary of Sunshine Gas Limited) along with
Hurricane Exploration plc were also jointly offered (and have now accepted) 9 blocks
in the 23rd Licensing Round on the UK Continental Shelf. The blocks are: 205/04, 205/05, 205/21-24, 205/26, 205/28, 205/30.
Interests: Sunshine Oil plc 50%
Hurricane Exploration plc (Operator) 50%
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