Hurricane’s 2016 well programme aims to firm up volumes in Lancaster’s mapped structural closure, oil that Hurricane plans to monetise through a two-well EPS development. More clarity on volumes will support concept definition and should provide the basis for further farm-out discussions, taking the Lancaster field through to EPS first oil in 2019. Hurricane’s £52m fund-raise, announced on 18 April, was carried out at a 46% premium to market and will provide capital fo
28 Apr 2016
Defining EPS development volumetrics
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Defining EPS development volumetrics
- Published:
28 Apr 2016 -
Author:
Sanjeev Bahl -
Pages:
9
Hurricane’s 2016 well programme aims to firm up volumes in Lancaster’s mapped structural closure, oil that Hurricane plans to monetise through a two-well EPS development. More clarity on volumes will support concept definition and should provide the basis for further farm-out discussions, taking the Lancaster field through to EPS first oil in 2019. Hurricane’s £52m fund-raise, announced on 18 April, was carried out at a 46% premium to market and will provide capital fo