Offer for Hurricane Energy PLC
The boards of Prax and Hurricane are pleased to announce that they have reached agreement on the terms of a recommended acquisition of the entire issued and to be issued ordinary share capital of Hurricane by Prax.
Investing in Prax
The Prax Group is an integrated global energy conglomerate. Our core business is refining, logistics and sales; our assets and investments complement and enhance these activities. We advocate and uphold high environmental standards and sustainability practices, with a focus on providing products and services in a safe, efficient and socially responsible way.
We have built a compelling proposition for investors, with a long-term strategy of profitable growth and sustainable value.
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