We explore basins that have proven petroleum systems.
These basins are often associated with low cost data packages, including wells and seismic data, offering a ready-made geological framework from which Hurricane generates new exploration ideas at relatively low risk.
Hurricane has retained 100% control of all our operations up to now and that has been part of our strategy from the company's inception. Of course we fully expect to bring in a partner at the right time once development is closer to hand. We keep full control of the subsurface strategy so that we can capture the most value from our skills. It also means that we are able to make decisions very quickly and act upon them.