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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Capricorn Energy Plc | LSE:CNE | London | Ordinary Share | GB00BNKT5L33 | ORD 799/122P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -22.00 | -7.05% | 290.00 | 289.00 | 295.50 | 315.00 | 287.50 | 304.00 | 105,468 | 16:35:02 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 199.9M | -144M | -2.0409 | -1.41 | 220.14M |
From Feb 2023 to Feb 2025
TIDMCNE
RNS Number : 3800G
Capricorn Energy PLC
18 July 2023
18 July 2023
CAPRICORN ENERGY PLC ("Capricorn" or "the Company")
Senegal Contingent Payment Update
Capricorn notes Woodside Petroleum's ("Woodside") announcement today regarding its Sangomar Field Development in Senegal where the targeted first oil has moved from late 2023 to mid-2024. Capricorn remains exposed to a contingent payment of between US$25m and US$50m if first oil is achieved in the first half of 2024 and the average Brent oil price during the first six months of production exceeds the $55/bbl or $60/bbl thresholds contained in the sale and purchase agreement. There is no payment if first oil is achieved later than H1/2024.
Enquiries to :
Analysts / Investors
Nathan Piper, Commercial Director Tel: 0131 475 3000
Media
Diana Milford, Corporate Affairs Tel: 0131 475 3000
Billy Clegg/Owen Roberts, Camarco Tel: 020 3757 4980
Woodside Energy Announcement - Sangomar Project Update
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END
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(END) Dow Jones Newswires
July 18, 2023 05:24 ET (09:24 GMT)
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