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Prax and Hurricane announced on 16 March 2023 that they had reached agreement on the terms of a recommended acquisition of the entire issued and to be issued share capital of Hurricane. Prax has provided an update in respect of the Acquisition.
Prax Exploration & Production does not plan to increase the financial terms of the proposed acquisition of UK North Sea firm…
Investegate announcements from Hurricane Energy PLC, Recommended Acquisition - No Increase Statement
UK-based Prax Group has reached a deal to acquire Hurricane Energy, the operator of the producing Lancaster oil field, west of Shetland…
Investegate announcements from Hurricane Energy PLC, Recommended Acquisition of Hurricane Energy plc