Investment highlights

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2.6bn

Barrels of 2P reserves + 2C resources discovered to date (gross) – the largest undeveloped resource in the UKCS

100%

Interest in the Lancaster field – maximising cash flow and partnership options for future phases

1H 2019

Lancaster EPS first oil – to be the first basement field in the UK to be brought to production

3 wells

To be drilled, logged and tested in 2019 on the GWA – an active work programme in parallel to Lancaster EPS results at nil cost to Hurricane

$387m

Total potential consideration from 2018 Spirit Energy farm-in to GWA – funding to accelerate entire portfolio

17,000bopd

Initial planned production rate for the Lancaster EPS – with significant scope to ramp-up further