Market ValuationCapricorn's improved fortunes in Egypt have been well rewarded by the market, with its share price up over 30% compared to marginally down oil prices and close peers down more than 20%.
Operational PerformanceCapricorn's results highlighted strong operational performance and lower cash costs.
Receivables And Cash ManagementImproved receivables collections from EGPC have facilitated a return to drilling, with receivables improving by $20 million since June 30.