During 2011 Hurricane commissioned a comprehensive Competent Person's Report. The report has been completed by RPS Energy Consultants Limited, a highly regarded independent consultancy specialising in such reports in the oil industry. We are pleased with the results which support our geological model, our volumetric approach and also our conceptual development and timelines to achieve approval to a Field Development Plan for our Lancaster discovery.
The headline results are as follows:
Total 2C Contingent Resources of 444-470 MMboe, for table click here.
Total P50 Prospective Resources of 432-442 MMboe, for table click here.
There is also considerable upside under the 3C and P10 cases respectively.
For the full CPR please click here to download.
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