Waldorf update

RNS Number : 0930D

Capricorn Energy PLC

05 May 2026

 

FOR IMMEDIATE RELEASE 5 May 2026

 

 

CAPRICORN ENERGY PLC ("Capricorn" or "the Company")

 

Waldorf update

 

 

Capricorn notes that Waldorf Production UK Plc's restructuring plan under Part 26A of the Companies Act has now been sanctioned by the Court.

 

Following sanction and subject to completion of the associated transaction, including a further restructuring plan in Scotland in respect of Waldorf CNS (I) Limited, Capricorn expects to receive cash proceeds of approximately US$4-5m, together with recovery of certain outstanding costs in H2 of this year. The final amount remains subject to customary completion adjustments.

 

Capricorn retains the right to participate in potential residual claims.

 

 

Ends

 

 

 

Enquiries to:

Analysts / Investors
Nathan Piper, Commercial Director	Tel: 0131 475 3000
Media
Diana Milford, Corporate Affairs	Tel: 0131 475 3000
Georgia Edmonds / Violet Wilson / Fergus Young, Camarco	Tel: 0203 757 4980

 

 

Capricorn Energy

Capricorn is a cash flow-focused energy producer, with an attractive portfolio of onshore development and production assets in the Western Desert.

 

For more information on Capricorn visit: https://www.capricornenergy.com

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