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Capricorn Finalizes Payment Terms for UK Asset Divestment

Capricorn announces full year results 2022 and strategic review update

Capricorn Energy has announced its full year results 2022 and strategic review update. Following a strategy review, the Company has decided to make a material return of capital to shareholders; a significant cost reduction as part of a broader plan to preserve shareholder cash; the curtailment of expensive exploration activities outside of near field activity in Egypt; plans to improve the Egypt business; and a drive for a culture change across the Company.

Capricorn provides operational, trading and business update

Ahead of announcing its preliminary results for the year to 31 December 2022 on 27 April 2023, Capricorn has provided an update on its operations and trading performance. As announced on 1st February the new Board has now commenced its strategic review of Capricorn’s business.

Today s Oil & Gas Update - Touchstone Exploration; Eco (Atlantic) Oil & Gas; I3 Energy and more

Today s Oil & Gas Update - Touchstone Exploration; Eco (Atlantic) Oil & Gas; I3 Energy and more
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