TIDMHUR

RNS Number : 0169P

Hurricane Energy PLC

14 October 2021

14 October 2021

Hurricane Energy plc

("Hurricane" or the "Company")

Appointment of Independent Non-Executive Director

Hurricane Energy plc (AIM: HUR), the UK based oil and gas company , is pleased to announce the appointment of Philip Wolfe as an Independent Non-Executive Director , with immediate effect. He will chair the Audit and Risk Committee and serve as Senior Independent Director.

Mr Wolfe has 30 years' experience within the energy and utilities industry as an executive, adviser and corporate financier. Mr Wolfe has served as Chief Financial Officer of various private and listed oil and gas companies, including Phoenix Global Resources plc, an AIM quoted oil and gas exploration and production company focused on Argentina.

Mr Wolfe's career includes 23 years in investment banking, including as Managing Director, Head of Oil and Gas, EMEA at UBS Investment Bank and Global Head of Oil and Gas at HSBC. Mr Wolfe holds a BSc Honours degree in Economics from the University of Bristol.

Antony Maris, CEO of Hurricane, commented:

"Philip's distinguished career in the industry brings highly relevant financial, strategic and management experience significantly enhancing the board's capabilities. These skills will be invaluable as Hurricane progresses into the future and I am delighted to welcome Philip to the Company."

Ends

Contacts:

 
 Hurricane Energy plc 
  Antony Maris, Chief Executive Officer 
  communications@hurricaneenergy.com            +44 (0)1483 862820 
 Stifel Nicolaus Europe Limited 
  Nominated Adviser & Joint Corporate Broker 
  Callum Stewart / Jason Grossman               +44 (0)20 7710 7600 
 
   Investec Bank plc 
   Joint Corporate Broker 
   Chris Sim / Jarrett Silver                   +44 (0)20 7597 5970 
 
 Vigo Consulting 
  Public Relations 
  Patrick d'Ancona / Ben Simons 
  hurricane@vigoconsulting.com                  +44 (0)20 7390 0230

Philip Edward Charles Wolfe, aged 53, has held the following directorships and/or partnerships in the past five years:

 
 Current Directorships/Partnerships   Previous Directorships/Partnerships 
 Full Moon Productions Limited        Soma Oil & Gas Holdings Limited 
                                     ------------------------------------ 
 Courtney Park Engineering Limited    Soma Oil & Gas Exploration Limited 
                                     ------------------------------------ 
 Net Zero Carbon Developments         Soma Management Limited (currently 
  Limited                              named Old Sycamore Management 
                                       Limited) 
                                     ------------------------------------ 
 Hemspan Limited                      Phoenix Global Resources Plc 
                                     ------------------------------------ 
                                      Madagascar Oil Limited 
                                     ------------------------------------

About Hurricane

Hurricane has a 100% interest in and operates the Lancaster field, the UK's first field to produce from a fractured basement reservoir.

Hurricane also has a 50% interest in the Greater Warwick Area licence, which contains the Lincoln and Warwick assets.

Visit Hurricane's website at www.hurricaneenergy.com

Inside Information

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No. 596/2014 on Market Abuse ("UK MAR"), as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, and Regulation (EU) No. 596/2014 on Market Abuse ("EU MAR").

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END

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(END) Dow Jones Newswires

October 14, 2021 02:01 ET (06:01 GMT)

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