Prax Confirms No Increase in Proposed Acquisition Price of Hurricane Energy
Prax Exploration & Production does not plan to increase the financial terms of the proposed acquisition of UK North Sea firm…
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Prax Exploration & Production does not plan to increase the financial terms of the proposed acquisition of UK North Sea firm…
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
Prax E&P and Hurricane Energy have reached agreement on the terms of a recommended acquisition of the entire issued and to be issued ordinary share capital of Hurricane by Prax. The acquisition values the entire issued ordinary share capital of Hurricane at approx. £249.0 million.