(Alliance News) - The following is a round-up of earnings and trading updates for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Capricorn Energy PLC - Egypt-focused oil and gas explorer - Regarding Western Desert Egyptian concession agreements, reaches initial agreement with Egyptian General Petroleum Corp, alias EGPC, which outlines terms to promote increased investment and production, including an improved gas price for incremental production and new discoveries alongside modernised commercial terms. Capricorn and its operating partner, Cheiron Energy, each hold a 50% participating interest in the Western Desert Egyptian concession agreements. Further, Capricorn confirms it is in advanced discussions with EGPC, while any agreement is still subject to approval by the main board of EGPC, and ratification by the Egyptian parliament. Read More
Capricorn Energy PLC - Egypt-focused oil and gas explorer - Says it has received a USD50 million payment from Woodside Energy Group Ltd, under the production condition of the sale and purchase agreement between the two parties. The deal was in relation to the disposal of Capricorn Energy's production sharing contract interest in Senegal. The payment had been conditional to the average Brent oil price during the first six months of production at the asset rising to over USD60 per barrel. Output had begun in June 2024 at an average Brent oil price of around USD80 per barrel. Capricorn Energy reiterates that it "remains committed to returning any available proceeds of this contingent payment to its shareholders", though the timing of this remains subject to "disputed tax obligations". Read More
Capricorn Energy PLC - Egypt-focused oil and gas explorer - Announces that it has not received the final settlement payment of USD22.5 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. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - Capricorn Energy PLC on Friday reported at least 30 days of continuous production on an asset. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - Stock prices in London were higher on Thursday afternoon after the Bank of England opted to maintain rates at 5.00%, a day after the Federal Reserve kicked off its cutting cycle with a 50 basis point reduction. Read More
(Alliance News) - Capricorn Energy PLC on Thursday said it swung to a profit in the first half of 2024, as daily production aligns with full-year guidance. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Capricorn Energy PLC - Egypt-focused oil and gas exploration company - Recommences USD25 million share buyback programme. Says USD21 million has been repurchased to date. Read More
(Alliance News) - European equities struggled again on Tuesday, with risk sentiment still hurt by political uncertainty on the continent, ahead of a US interest rate decision and key inflation reading on Wednesday. Read More
(Alliance News) - Capricorn Energy PLC on Tuesday confirmed that first production from the Sangomar Field development offshore Senegal has started. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More