Hurricane Energy plc said that one of its shareholders had called for the removal of five board directors. REVIEW The company has received a requisition notice from Crystal Amber Fund Ltd for a general meeting to vote on removing five directors. These include chairman Steven McTiernan, senior independent director Dr David Jenkins, and independent non-executive […]
Tag: Lancaster oil field
Hurricane notes slight fall in oil production at Lancaster
Hurricane Energy plc announced a slight decrease in oil rate and production from its Lancaster field on the Rona Ridge, west of Shetland. FINANCES In a brief report for the first quarter of 2021, the company also recorded net free cash of $127 million compared with $106m at 31 December 2020. LANCASTER EPS Production during Q1 […]