by Timothy Haïdar, EIC, March 27, 2017

Hurricane’s prospects are located West of Shetland, an area that has promised much in terms of the 12 to 24 billion remaining barrels of oil equivalent (boe) said to be lurking on the UKCS. The GLA announcement represents a rare chink of light glistening in the murky waters of an industry at its lowest ebb since production began in the 1960s.