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**Company Overview**

**Name:** Hurricane Energy plc

**Stock Symbol:** HRRNF (OTCMKTS)

**Industry:** Oil and Gas Exploration and Production

**Headquarters:** London, United Kingdom

**Hurricane's Business**

Hurricane Energy is an independent oil and gas company focused on the exploration, development, and production of oil and gas reserves in the West of Shetland region of the UK Continental Shelf. The company's primary asset is the Lancaster field, a large oil field located approximately 120 miles west of the Shetland Islands.

**Hurricane's Financial Performance**

**Earnings:**

* 2022: £12.7 million (loss)

* 2021: £12.2 million (loss)

**Revenue:**

* 2022: £20.3 million

* 2021: £11.5 million

**Growth:**

Hurricane Energy has experienced significant growth in recent years due to the development of the Lancaster field. The company's production has increased from 4,000 barrels of oil per day (bopd) in 2019 to over 20,000 bopd in 2023.

**Hurricane's Stock Performance**

Hurricane Energy's stock price has been volatile in recent years, reflecting the challenges and uncertainties associated with its operations. The stock reached a high of $1.50 in 2018 but has since declined significantly.

**Key Metrics**

* **Reserves:** 260 million barrels of oil equivalent (boe)

* **Production:** Over 20,000 bopd

* **Net Debt:** £160 million

* **Market Capitalization:** Approximately £200 million

**Outlook**

Hurricane Energy faces challenges related to the volatility of oil prices, operational risks, and regulatory uncertainties. However, the company's significant reserves and production potential provide a solid foundation for future growth. The company is also exploring new opportunities in the UK North Sea and other regions.