![]() ![]() Hurricane announced in November that it had received an “unsolicited offer” for the business. The firm, which also acquired the Lindsey oil refinery at Immingham in early 2021, says it is now looking to create “a sizeable upstream business” in the North Sea alongside its downstream operations. Headquartered in London, Prax is part of State Oil – a group of midstream and downstream focused companies with units in Singapore and Houston – which employs around 1,300 people in seven countries. Under the terms of the deal each Hurricane shareholder would receive 4.15 pence for each share, based on a transaction dividend of 3.32 pence per share in cash and a cash consideration of 0.83 pence per share in cash.įurther supplementary and special dividends are on the table if the company lifts its next cargo from the Lancaster field on schedule, alongside a percentage share of future Hurricane revenues.Īssuming this is achieved, it would offer Hurricane shareholders 12.5 pence per share and values the the company at approximately £249m. Prax Exploration and Production has struck a deal to acquire Hurricane Energy ( LON:HUR), concluding a sales process initiated earlier in the year. Copy link A decentered black square over a white square. WhatsApp Messenger An icon of the Whatsapp messenger app logo. Facebook Messenger An icon of the Twitter app logo. Facebook Messenger An icon of the facebook messenger app logo. Loading Spinner An icon of a loading spinner. Success Tick Timeout An icon of a greyed out success tick. Information An icon of an information logo. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Video Camera An icon of a video camera shape. Previous An icon of an arrow pointing to the left. ![]() Notice An explanation mark centred inside a circle. Next An icon of an arrow pointing to the right. Hamburger Menu Icon An icon used to represent a collapsed menu. Search Icon A magnifying glass icon that is used to represent the function of searching. Magnifying Glass An icon of a magnifying glass. Comments An icon of a speech bubble, denoting user comments. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Breaking An icon of an exclamation mark on a circular background. Pause Icon A two-lined pause icon for stopping interactions. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. ![]() Is Public An icon of a human eye and eyelashes. Telephone An icon of a traditional telephone receiver. Profile An icon that resembles human head and shoulders. Linked In An icon of the Linked In "in" mark. Facebook An icon of the Facebook "f" mark. Caret An icon of a block arrow pointing to the right. Cancel An icon of a circle with a diagonal line across. Thankfully, for a limited time, Walmart has dozens of Lego kits on sale.Calendar An icon of a desk calendar. But while some of these options are good for kids, not all of them are - and no doubt you'd like to lower their screen time, not increase it.įor pure creativity, it's hard to beat Lego - but, yeesh, those kits are expensive. Save $10 on this Lego Star Wars AT-ST kit.Įarlier today I rounded up some free entertainment options to keep you busy during all this coronavirus madness. Your thoughts? Kids out of school? Keep them busy with these discounted Lego kits It has a 4.5-star average rating from over 800 buyers and what I consider to be a very reasonable price. And of course it requires AC power, meaning it might be a bit challenging to mount on a wall.ĭon't care. ![]() It's not a huge clock, however, measuring just 7.75 inches square. Thus, you might see "It is ten minutes past twelve" or "It is two o'clock." Every five minutes, a new set of them lights up. As you can see in the photo, the clock has a bunch of words mashed together. ![]()
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