Hurricane Energy extends two North Sea exploration licences
- Business & Finance
Hurricane Energy has announced that the Department of Energy & Climate Change (DECC) has granted an extension to licences P1485 and P1835, on the UK Continental Shelf (UKCS).
The extension to licences is granted through to December 31, 2016 and January 9, 2017 respectively.
The two licenses contain the Typhoon and Tempest basement prospects.
The Typhoon prospect is located in blocks 204//22a, 204/23c 204/27a and 204/28a, around 30 km to the west of Lancaster discovery, West of Shetland. Typhoon is primarily a basement prospect but also offers potential in overlying Jurassic sandstones.
Hurricane Energy is the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs.