Source - Alliance News

Capricorn Energy PLC - Egypt-focused oil and gas explorer - Announces that it has not received the final settlement payment of $22.5 million from Waldorf Production UK PLC which was due Friday. Capricorn is considering all options to recover the overdue payment. Further, says the longstop date under the sale and purchase agreement related to Capricorn’s acquisition of a non-operated 25% interest in the Columbus field has been extended until March 31 2025.

Current stock price: 308.50 pence

12-month change: up 44%

Copyright 2025 Alliance News Ltd. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Capricorn Energy PLC (CNE)

-2.50p (-0.80%)
delayed 16:41PM