Today Hurricane announced an operational update on production from Lancaster. Since the last update a month ago, production has averaged 12kbbl/d from a single well, 205/21a-6 (“6-well”) with the water cut increasing insignificantly, from 8% to 11%. The 6-well had been producing on its own since 17th May 2020 at a steady rate of 10.3kbbl/d up until 5th June. We view this as relatively neutral as although it is positive to see a higher rate there is little new information. Overall production in Q ....
