CAPRICORN ENERGY PLC

Net Asset Value • Jan 3, 2025

National Storage Mechanism | Additional information

RNS Number : 1316S

Capricorn Energy PLC

03 January 2025

FOR IMMEDIATE RELEASE                                                                                                   3 January 2025

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

UK North Sea contingent payment update

Capricorn announces that it has not received the final settlement payment of $22.5m from Waldorf Production UK PLC which was due today. Capricorn is considering all options to recover this overdue payment.  

The longstop date under the sale and purchase agreement related to Capricorn's acquisition of a non-operated 25% interest in the Columbus field has been extended until 31 March 2025.

Ends

Enquiries to :

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

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