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HRCXF / Hurricane Energy's private equity shareholder seeks to replace the board amidst company sales process

Hurricane Energy's private equity shareholder seeks to replace the board amidst company sales process
Hurricane Energy PLC's (LSE:HUR) major shareholder Cystal Amber Fund Limited has sent a requisition notice for a general meeting in which it seeks to remove certain directors and appoint two new directors. Private equity investor Crystal Amber wants the company to hire Tony Buckingham and Franco Castelli which run Albion Energy Limited, which has been in consultation with the fund over the potential value within Hurricane's acreage. Read More
Posted: Dec 23 2022, 04:12
Author Name: Proactive Investors
Views: 102041

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Hurricane Energy takeover proceeding as Prax clears regulatory hurdle

By Proactive Investors
May 24, 2023

Hurricane Energy takeover proceeding as Prax clears regulatory hurdle

Hurricane Energy PLC (LSE:HUR) takeover by Prax Exploration & Production is now advancing after the proposed transaction was approved by the British a more_horizontal

Hurricane Energy production update ahead of shareholder vote

By Proactive Investors
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Hurricane Energy production update ahead of shareholder vote

Hurricane Energy PLC (LSE:HUR) trading update today revealed that production from the Lancaster field has now slipped to around 7,460 barrels of oil p more_horizontal

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Hurricane Energy says Prax takeover was best of five offers

Hurricane Energy PLC (LSE:HUR) today released a ‘shareholder Q&A' statement addressing a number of questions about the nature of the recently comple more_horizontal

Hurricane Energy recommends takeover pitched between £82.7mln and £249mln

By Proactive Investors
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Hurricane Energy recommends takeover pitched between £82.7mln and £249mln

Hurricane Energy PLC (LSE:HUR) is to be bought by Prax Exploration & Production Plc in a deal that promises staggered cash returns to shareholders. Th more_horizontal

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By Proactive Investors
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Hurricane Energy sale process continues as multiple credible proposals were received

Hurricane Energy PLC (LSE:HUR) has received multiple proposals from credible counterparties in its formal sales process, which had a 7 January deadlin more_horizontal

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By Proactive Investors
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Hurricane Energy chair says Crystal Amber move is “simply mystifying”

Hurricane Energy PLC (LSE:HUR) chairman Philip Wolfe has said its major shareholder's move to replace the board and propose a new team to reinvest in more_horizontal

Hurricane Energy's private equity shareholder seeks to replace the board amidst company sales process

By Proactive Investors
December 23, 2022

Hurricane Energy's private equity shareholder seeks to replace the board amidst company sales process

Hurricane Energy PLC's (LSE:HUR) major shareholder Cystal Amber Fund Limited has sent a requisition notice for a general meeting in which it seeks to more_horizontal

Hurricane Energy PLC receives multiple expressions of interest after hanging out the for sale signs

By Proactive Investors
November 18, 2022

Hurricane Energy PLC receives multiple expressions of interest after hanging out the for sale signs

Hurricane Energy PLC (LSE:HUR) said it has received multiple expressions of interest from 'credible counterparties' after putting the business up for more_horizontal


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