Typhoon Prospect

Hurricane has selected a well location for its commitment well and has commissioned a geophysical and environmental site survey over the prospective location.

At the beginning of 2010, DECC offered Block 204/23b as part of the 26th Offshore Licensing Round. This block is next to Hurricane’s existing Typhoon acreage and contains a significant part of the mapped basement structure forming the Typhoon prospect. A formal application was made for this block and we have been successful in the application. The addition of this new acreage to Hurricane’s portfolio means that the company is now in a much improved position to optimise its drilling plans for evaluating the already proven oil bearing Typhoon basement prospect.