Capricorn Energy Receives $50m Payment, Maintains Production Guidance
The energy producer maintains production guidance and receives $50m payment, though delays in concession agreement ratification raise some short-term concerns.
The energy producer maintains production guidance and receives $50m payment, though delays in concession agreement ratification raise some short-term concerns.
The energy producer reported a loss for H1 2025, with revenue down 26% year-on-year. Facing challenges in Egypt operations and actively seeking M&A opportunities amid market headwinds.
The energy producer will host an investor presentation to discuss its interim results.
The energy company provides an update on the restructuring plan of a business it has financial exposure to, noting full recovery of the owed amount is unlikely.
The energy producer reports solid operational and financial performance, with production tracking above guidance and progress on key strategic initiatives in Egypt.
The energy producer has published its year-end 2024 Competent Persons Report, providing an independent evaluation of its Egyptian assets. The report's findings are consistent with the company's previous disclosures.
The energy company provides an update ahead of its annual general meeting, highlighting progress in Egypt and plans to diversify operations.
The energy company has reached an agreement with the Egyptian General Petroleum Corporation to consolidate and extend its Western Desert concessions, with improved commercial terms to support increased investment.
The energy company's Commercial Director has increased their shareholding through the employee share incentive plan.
The energy company has awarded free shares to two of its directors under an employee share plan.