Hurricane Exploration PLC, focused on hydrocarbon resources in fractured basement reservoirs, has been awarded a frontier license in the second tranche UK 26th seaward license round.
The license covers ten offshore blocks: 5/1, 5/2, 5/3, 5/4, 5/5, 5/6, 5/7, 5/8, 5/9, and 206/28. The area is on the West Shetland platform immediately southwest of the Shetland Isles and northwest of the Orkneys. Hurricane will have a 100% operated interest.
The acreage fits with Hurricane’s strategy of exploring niche plays. While focused on the Devonian, the location also offers potential within the underlying basement, a cornerstone of Hurricane’s success to date.
The company noted that the license covers a large part of the Devonian Orcadian basin that has the potential to yield important resources in an area largely overlooked on the UKCS. The initial work program will involve shooting 2D seismic.