Hurricane reported its FY'19 results today. Revenue of US$170mm was slightly ahead of guidance of US$165mm, with a realised oil price of $59.3/bbl. Opex for the year was $21.8/bbl, in line with expectations. 2019 production averaged 12.9kbbl/d, since commencing in May, with 7 cargos sold. Underlying profit before tax was US$30mm and cash flow from operations was US$112mm ($37.5/bbl). G&A was just US$0.4mm and even excluding a $3.2mm non-cash share-based payment credit, it was US$3.6mm or just ov ....
