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Market Cap: £211.49m
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Statement regarding press speculation

24 Mar 2026 16:16

RNS Number : 9553X
Capricorn Energy PLC
24 March 2026
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

24 March 2026

 

Capricorn Energy PLC ("Capricorn Energy" or "the Company")

 

Statement regarding press speculation

 

Capricorn Energy notes the recent press speculation and confirms that it has received multiple proposals from Dragon Oil to acquire the Company's assets in the Western Desert. 

 

The Company has carefully considered the latest proposal and does not currently believe that it reflects the underlying value of the assets. The Board and management remain focused on maximising shareholder value.

 

The Company confirms that it has not received a proposal from Dragon Oil to acquire the Company.

 

 

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

 

 

 

About Capricorn Energy PLC

Capricorn is a cash flow-focused energy producer, with an attractive portfolio of onshore development

and production assets in the Western Desert.

 

For further information, visit www.capricornenergy.com.

 

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