Genel agrees recommended £271m acquisition of Capricorn Energy
2nd Jul 2026 07:05
(Sharecast News) - Genel Energy announced on Thursday that it has agreed a recommended cash acquisition of Capricorn Energy in a deal valuing the Edinburgh-based company at about $360m on a fully diluted basis, or £271m.
Read moreCapricorn Energy guides for broadly stable 2026 production
23rd Feb 2026 08:18
(Sharecast News) - Capricorn Energy reported a solid operational and financial performance for 2025 on Monday, underpinned by development drilling in Egypt and strengthened liquidity, as it guided broadly stable production for 2026 ahead of the anticipated ratification of its integrated concession agreement.
Read moreCapricorn reiterates production outlook, shares spark
18th Sep 2025 08:59
(Sharecast News) - Shares in Capricorn Energy rallied in early trading on Thursday, despite widening interim losses, after the oil firm reiterated its full-year production outlook.
Read moreCapricorn Energy says full Waldorf earn-out payout now unlikely
19th Aug 2025 11:01
(Sharecast News) - Capricorn Energy has said that a full recovery of nearly $30m owed to it relating to an agreement with distressed North Sea oil and gas producer Waldorf Production is now unlikely.
Read moreCapricorn Energy receivables position 'relatively flat' in H1
22nd Jul 2025 07:40
(Sharecast News) - Exploration and development company Capricorn Energy said on Tuesday that its receivables position remained "relatively flat" in the six months ended 30 June.
Read moreCapricorn Energy upbeat as it completes strategic reset
22nd May 2025 10:00
(Sharecast News) - Capricorn Energy chief executive officer Randy Neely told shareholders at the company's annual general meeting on Thursday that the business has completed a strategic reset and is now positioned for sustainable growth, underpinned by improved fiscal terms in Egypt and ongoing production delivery.
Read moreCapricorn Energy reports solid full-year production
28th Jan 2025 08:50
(Sharecast News) - Capricorn Energy reported robust production from its Egyptian assets in an update on Tuesday, as well as progress on exploration commitments, and ongoing tax and contingent payment disputes.
Read moreCapricorn Energy receives $50m from Woodside for Senegal interests
23rd Jan 2025 07:43
(Sharecast News) - Capricorn Energy said it had received $50m from Woodside Energy after satisfying all terms and conditions under the sale and purchase agreement relating to the disposal of its production sharing contract (PSC) interests in Senegal.
Read moreCapricorn Energy to receive $50m contingent payment from Woodside Energy
17th Dec 2024 08:03
(Sharecast News) - Oil and gas firm Capricorn Energy said on Tuesday that Woodside Energy will pay $50.0m for its operating stake in the Sangomar field offshore Senegal.
Read moreCapricorn Energy delivers upbeat outlook, keeps FY guidance
19th Sep 2024 07:48
(Sharecast News) - Capricorn Energy shares jumped on Thursday after the British oil and gas group impressed with its first-half results and reiterated its full-year production guidance.
Read moreCapricorn Energy on track to meet midpoint of current FY guidance
3rd Jul 2024 10:12
(Sharecast News) - Exploration and development firm Capricorn Energy said on Wednesday that it was on track to meet the midpoint of current guidance as consistent payments continued throughout its Egyptian operations.
Read moreCapricorn Energy reports first production at Sangomar development
11th Jun 2024 08:57
(Sharecast News) - Exploration and development company Capricorn Energy said on Tuesday that first production from its Sangomar Field development offshore Senegal has commenced after it received confirmation from Woodside Energy that the first oil condition under the sale and purchase agreement has been satisfied.
Read moreCapricorn Energy announces $50m special divi alongside results
28th Mar 2024 07:27
(Sharecast News) - Capricorn Energy announced plans for a proposed $50m special dividend alongside its full-year results on Thursday.
Read moreCapricorn set to gain up to $50m from Sangomar
13th Feb 2024 16:13
(Sharecast News) - Capricorn Energy said in an update on Tuesday that, in response to Woodside Energy's recent announcement, it was awaiting the arrival of the floating production, storage and offloading (FPSO) facility for the Sangomar Field development off the coast of Senegal.
Read moreCapricorn reports strategic progress in 2023
25th Jan 2024 10:26
(Sharecast News) - Capricorn Energy said in an update on Thursday that revenue for 2023 totalled $202m, driven by provisional entitlement sales volumes of 4.4 million barrels of oil equivalent, with 47% of those volumes coming from liquid products.
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