Capricorn Energy PLC (GB:CNE) has released an update.
Capricorn Energy PLC has acknowledged the recent announcement by Waldorf Production UK PLC about its parent companies’ intention to appoint administrators, clarifying that, to their knowledge, no companies within the group have yet filed for administration. Capricorn is known for its focus on cash flow, boasting a portfolio that includes onshore assets in Egypt’s Western Desert and potential stakes in the UK North Sea.
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