Energy Company of the Year—small cap
Hurricane Energy
In a challenging operating environment, Hurricane Energy has enjoyed an impressive year, thanks largely to an exceptional fundraising period in July. The UK-based company successfully managed to raise $530m in equity and convertible bonds—the largest of a UK-listed E&P company for many years. The proceeds will now help fund the development of the Lancaster field, on the Rona Ridge, to the west of the Shetland Islands. The reserves total 523m barrels—the largest undeveloped oil resource in the UK. Hurricane has pioneered fractured basement exploration in the UK since its founding in 2005. In its short history, the company has notched up a series of impressive finds. Between 2009-10, the a
Also in this section
22 May 2025
Industry says compliance is near-impossible and have called for more clarity to prevent cargoes being redirected
22 May 2025
The next energy crisis could come from the severing of the link between oil and gas prices, with potentially severe economic consequences
22 May 2025
With contract awards looming on the Kuwait-Saudi backed Dorra field, the long-stalled gas project appears finally to be gaining traction—despite Iranian objections
21 May 2025
From the upstream sector to the end-users, gas is no longer seen as a transition fuel or an afterthought, executives told attendees at the World Gas Conference
