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Home›Business & Finance›Hurricane granted more time for UK well work
Business & Finance

May 27, 2020 · about 6 years ago

Hurricane granted more time for UK well work

Hurricane Energy’s request to extend the deadline for activities planned on the Lincoln license off the UK has been approved by UK authorities.

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Drill bit during drilling operations on one of Hurricane's wells

Hurricane Energy’s request to extend the deadline for activities planned on the Lincoln license off the UK has been approved by UK authorities due to disruptions caused by the coronavirus pandemic.

In an update in relation to planned activities on the Lincoln subarea of Licence P1368, part of the Greater Warwick Area (GWA), Hurricane said on Wednesday it had requested extensions to certain licence commitments pertaining to Lincoln.

The request was made in light of the COVID-19 pandemic.

According to Hurricane, the Oil and Gas Authority (OGA) has responded positively to these requests.

As a result, the deadline for the beginning of the GWA joint venture’s commitment well on Lincoln was extended to 30 June 2022 and the deadline for plugging and abandoning well 205/26b-14 (Lincoln Crestal) was extended to 30 June 2021.

Dr Robert Trice , Chief Executive of Hurricane, commented: “We would like to thank the Oil and Gas Authority for their flexibility regarding the timing of activities planned at Lincoln during these challenging times”.

Located in Block 205/26b, Hurricane has a 50 per cent interest in this licence following Spirit Energy’s farm-in to 50 per cent in September 2018.

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