Hurricane drills Lancaster well

Aim-listed UK oil and gas explorer Hurricane Energy yesterday said it has completed the drilling phase of a well on its Lancaster discovery, located west of Shetland in the UK North Sea. The recently-floated firm’s well is now being prepared for testing. “I am extremely encouraged by the data so far acquired as it indicates that the target fault zones are present and that the encountered section is fractured and oil bearing,” said chief executive Dr Robert Trice.