3rd Jan 2025 20:20
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.
Current stock price: 308.50 pence
12-month change: up 44%
By Jeremy Cutler, Alliance News reporter
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