Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provides an update in relaton to planned actvites on the Lincoln subarea of Licence P1368, part of the Greater Warwick Area ("GWA").
In light of the COVID-19 pandemic, Hurricane has requested extensions to certain licence commitments pertaining to Lincoln.
The Oil and Gas Authority has responded positvely to these requests, extending the deadline for commencement of the GWA joint venture's commitment well on Lincoln to 30 June 2022 and extending the deadline for plugging and abandoning well 205/26b-14 (Lincoln Crestal) 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."
Read the latest issue of the OGV Energy magazine HERE.
NEO fined £100,000 for breaching its vent consent
Hess signals Exxon arbitration could push a sale into next year
UK signs deal with North Sea countries to protect subsea electricity and oil pipelines
Mairi McAllan blasted for ignoring Grangemouth workers as hundreds face losing their jobs