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Buoyant Kenmare warns Ukraine disruption could have mixed results for heavy minerals market

Buoyant Kenmare warns Ukraine disruption could have mixed results for heavy minerals market
miningmx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miningmx.com Daily Mail and Mail on Sunday newspapers.

City ofUnited kingdomSteve mctiernanAndrew webbRothschild co

Shetland-focused Hurricane Energy benefits from oil price surge

SHETLAND-focused Hurricane Energy has seen its shares jump 12 per cent after the company underlined how much cash firms are generating in the North…

City ofUnited kingdomSteve mctiernanAntony marisHurricane energyHigh courtConvertible bondsDecember hurricane

Shetland oil firm completes review after High Court bocks restructuring

SHETLAND oil pioneer Hurricane Energy has seen its shares fall 15 per cent after it said a review has found that directors who proposed a…

Steve mctiernanAlan wrightJustice zacaroliHigh court

Outlook brightens for Shetland oil pioneer

Outlook brightens for Shetland oil pioneer
heraldscotland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heraldscotland.com Daily Mail and Mail on Sunday newspapers.

Steve mctiernanDavid craikAlan wrightAntony marisAntony marisPhilip wolfeHurricane energyCrystal amber fundWhile the spirit energySpirit energyGreater warwick areaRobert triceJune hurricane

Shetland oil pioneer generates $70m revenues

The production facility used on Hurricane Energy s Lancaster field West of Shetland WEST of Shetland-focused Hurricane Energy increased its cash balances by $7 million (£5m) in the latest quarter during which a court blocked a controversial restructuring that would have left creditors in control of the firm. Hurricane said it had net free cash of $134m at June 30, up from $127m at March 31. The increase reflected the benefit of $69m revenues earned on production from the flagship Lancaster oil field. The news follows a turbulent period for Hurricane, which made finds during a pioneering exploration drive West of Shetland. The firm saw its valuation soar to £1.2bn after starting production from Lancaster in 2019.

Steve mctiernanAntony marisRicard chaffeCrystal amber fundHigh courtஆண்டனி மேரிஸ்படிக அம்பர் நிதிஉயர் நீதிமன்றம்

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