HUNTING PLC

Environmental & Social Information • Apr 29, 2021

National Storage Mechanism | Additional information

RNS Number : 0710X

Hunting PLC

29 April 2021

For immediate release	29 April 2021

Hunting PLC

("Hunting" or the "Company" or the "Group")

Report on Payments to Governments

for the year ended 31 December 2020

Hunting PLC (LSE : HTG) the international energy services group today provides information in accordance with DTR 4.3A in respect of payments made by the Company to governments for the year ended 31 December 2020 and in compliance with The Reports on Payments to Governments Regulations 2014 (SI 2014/3209) as amended by the Reports on Payments to Governments Regulations 2015 (2015/1928).

The following schedule details payments made to the US government by its wholly owned subsidiary Tenkay Resources, Inc ("Tenkay"). No other businesses within the Group are impacted by the above legislation and its reporting requirements. Further, due to the operational focus of Tenkay, the US government is the only relevant party to whom payments are made.

Reporting Category	Total 2020 Payments US$
Production entitlements	Nil
State Severance Taxes	33,592
State Income Taxes	Nil
Federal Income Taxes	Nil
Royalties -     Onshore -     Offshore	445 275,826
Dividends	Nil
Signature/discovery/production bonuses	Nil
Licence / rental fees	Nil
Infrastructure improvements	Nil
Total	309,863

The above summary consolidates payments made by Tenkay in relation to 74 operating oil and gas fields which have made payments to the US government in the year and in which the business had an interest during the reporting period. Tenkay's business model has been to hold small equity or working interests in oil and gas assets across the US.

Payment Analysis By State (excluding State Income Taxes)

State	No. of Fields		Net Royalties Paid Attributable to Tenkay		State Severance Taxes		Total Payments
			$		$		$
Arkansas	29		-		2,269		2,269
Louisiana	9		-		6,658		6,658
Mississippi	1		-		38		38
Montana	3		445		1,856		2,301
Texas	28		-		22,670		22,670
Offshore	4		275,826		101		275,927
	74		276,271		33,592		309,863

This report is available for download at www.huntingplc.com.

For further information please contact:

Hunting PLC Ben Willey, Company Secretary	Tel: +44 (0) 20 7321 0123

Notes to Editors:

About Hunting PLC

Hunting PLC is an international energy services provider to the world's leading upstream oil and gas companies. Established in 1874, it is a premium listed public company traded on the London Stock Exchange. The Company maintains a corporate office in Houston and is headquartered in London. As well as the United Kingdom, the Company has principal operations in Canada, China, Indonesia, Mexico, Netherlands, Saudi Arabia, Singapore, United Arab Emirates and the United States of America.

Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66.

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