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PKF Littejohn replaces Deloitte as Shetland firm s auditor

PKF Littejohn replaces Deloitte as Shetland firm s auditor
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Antony marisHurricane energyHigh courtRobert triceஆண்டனி மேரிஸ்சூறாவளி ஆற்றல்உயர் நீதிமன்றம்ராபர்ட் மூன்று முறை

Investegate |Hurricane Energy PLC Announcements | Hurricane Energy PLC: Operational and Financial Update

Investegate |Hurricane Energy PLC Announcements | Hurricane Energy PLC: Operational and Financial Update
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United kingdomAncona ben simonsCallum stewart jason grossmanAntony marisChris sim jarrettHurricane energyStifel nicolaus europeInvestec bankConvertible bondsAnnual general meetingChief executiveGreater warwick areaஒன்றுபட்டது கிஂக்டம்அன்கோனா பென் சிமன்கள்ஆண்டனி மேரிஸ்சூறாவளி ஆற்றல்

Investegate |Hurricane Energy PLC Announcements | Hurricane Energy PLC: False High Court Claim and EGM

Investegate announcements from Hurricane Energy PLC, False High Court Claim and EGM

United kingdomGary fungRizwan hussainAncona ben simonsCallum stewartAntony marisChris sim rahul sharmaGodfrey hicksStuart sherwoodJung fungAnnabel watsonDaniel quirkHurricane energySaret holdings corpMeeting of the companyClifden group

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

Boardroom upheaval at Shetland oil firm after shareholder revolt

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 Fund called an extraordinary general meeting at which it wanted shareholders to vote Mr McTiernan and the four non-executives off the board and two replacements appointed.

North seaOceans generalDavid craikAlan wrightAntony marisRichard chaffeJustice zacaroliCrystal amber fundHigh courtAmber fundSurrey based hurricaneDaniel slaterArden partnersRobert triceவடக்கு கடல்டேவிட் க்ரேக்