Shares in Shetland oil pioneer surge after £150m takeover bid
By Mark Williamson
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By Mark Williamson
SHETLAND-focused Hurricane Energy has seen its shares surge 10 per cent from a low base after the company provided further evidence of the…
Robert "Bud" Trice, 75, of Newland, NC passed away on Monday, August 9, 2021 at Memorial Mission Hospital in Asheville, N.C.
The production vessel used on the Lancaster field West of Shetland Picture: Hurricane Energy EMBATTLED Shetland oil pioneer Hurricane Energy has parted company with its chairman and four directors after facing a boardroom coup attempt led by a dissident investor. The company said yesterday that Steve McTiernan had resigned as chairman along with all four non-executive directors with immediate effect. The resignations came after Hurricane proposed to complete a restructuring that would leave bondholders in control of the firm, and which has been denounced by shareholders. Crystal Amber...
WEST of Shetland-focused Hurricane Energy has suffered another production setback ahead of crunch investor meetings today.