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New North Sea firm launched by former bosses of Spirit and Faroe

A new North Sea exploration and production (E&P) company has been launched by former chief executives of Faroe Petroleum and Spirit Energy.

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UK North Sea: Capricorn Energy progresses sale of assets

Edinburgh-based Capricorn Energy has "progressed the potential sales process" of its UK North Sea business.

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Capricorn Energy progresses the potential sales process of its UK North Sea business

Capricorn Energy progresses the potential sales process of its UK North Sea business
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Egypt s IOU to Capricorn Energy grows to $145 million

LONDON (Reuters) - Capricorn Energy, undergoing a strategic review after a failed merger and shareholder revolt, said on Monday it had net cash of $191 million and was owed $145 million by Egypt under contracts there.

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Capricorn Energy upbeat on strategic progress with new board

Capricorn Energy updated the market on its strategic review on Monday, with a focus on cost reduction, the refocusing of operations in Egypt, and returning excess funds to shareholders.

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