Wednesday 27 May 2020

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provides an update in relation to planned ac#vi#es 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 positively 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."