gptkbp:instance_of
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gptkb:Company
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gptkbp:bfsLayer
|
5
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gptkbp:bfsParent
|
gptkb:Petrofac
gptkb:Ithaca_Energy
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gptkbp:acquired
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gptkb:Hurricane_Energy_plc
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gptkbp:capital
|
Approximately £200 million (as of 2023)
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gptkbp:ceo
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gptkb:Dr._Robert_Trice
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gptkbp:challenges
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Market volatility
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gptkbp:climb_rate
|
80%
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gptkbp:collaborations
|
gptkb:University_of_Aberdeen
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gptkbp:community_engagement
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Local partnerships
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gptkbp:community_involvement
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Support for local charities
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gptkbp:community_support
|
Local job creation
|
gptkbp:conflict
|
Competition from renewable energy sources
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gptkbp:employees
|
50-100
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gptkbp:environmental_impact
|
Completed EIA for Lancaster Field
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gptkbp:financial_performance
|
Annual report 2022
Positive EBITDA in 2022
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gptkbp:financial_products
|
Institutional investors
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gptkbp:focus
|
Exploration and production of oil and gas
|
gptkbp:founded
|
gptkb:2014
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gptkbp:fuel_capacity
|
Estimated 100 million barrels
Estimated 50 billion cubic feet
|
gptkbp:future_plans
|
Expand into new fields
|
gptkbp:geological_formation
|
Basalt formations
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gptkbp:headquarters
|
gptkb:London,_United_Kingdom
|
https://www.w3.org/2000/01/rdf-schema#label
|
Hurricane Energy
|
gptkbp:industry
|
Oil and Gas
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gptkbp:investment
|
Annual General Meeting
Diversification of assets
Positive growth forecast
Regular updates to shareholders
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gptkbp:is_explored_in
|
West of Shetland
P.1984
|
gptkbp:launch_date
|
gptkb:2019
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gptkbp:license
|
P.2294
|
gptkbp:marketing_strategy
|
Focus on North Sea operations
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gptkbp:notable_achievement
|
Completion of first phase of Lancaster development.
|
gptkbp:operates
|
gptkb:UK_Continental_Shelf
|
gptkbp:part_of
|
Oil and Gas sector
|
gptkbp:partnership
|
gptkb:Cairn_Energy
Collaboration with tech firms
|
gptkbp:partnerships
|
gptkb:Petrofac
Joint ventures with other companies
|
gptkbp:produced_by
|
Horizontal drilling
|
gptkbp:project
|
gptkb:Lancaster_Field
Long-term development plans
|
gptkbp:receives_funding_from
|
Equity and debt financing
|
gptkbp:regulatory_body
|
gptkb:UK_Oil_and_Gas_Authority
|
gptkbp:regulatory_compliance
|
Adheres to UK regulations
|
gptkbp:research_focus
|
Reservoir characterization
|
gptkbp:revenue
|
£30 million (2022)
|
gptkbp:risk_factor
|
Hedging strategies
|
gptkbp:safety_record
|
No major incidents reported
|
gptkbp:stock_exchange
|
gptkb:AIM
|
gptkbp:strategic_importance
|
Increase production capacity
Ongoing assessment of operations
|
gptkbp:supply_chain
|
Local suppliers
|
gptkbp:sustainability
|
Sustainable practices
|
gptkbp:sustainability_initiatives
|
Carbon capture and storage
|
gptkbp:symbol
|
HUR
|
gptkbp:technology
|
Enhanced oil recovery
Digital oilfield technologies
|
gptkbp:training
|
gptkb:Lancaster_7_Z_well
|
gptkbp:website
|
www.hurricaneenergy.com
|