Tullow Oil, Capricorn Energy agree to merge in all-share combination
Tullow Oil and Capricorn Energy PLC have agreed to merge in an all-share combination, Tullow Oil said in a June 1 announcement. The combine would result in a diversified pan-African upstream portfolio underpinned by low-cost producing assets, with a deep portfolio of incremental high-return investment opportunities in Ghana, Egypt, Gabon, and Côte d’Ivoire, Tullow said. […]
Capricorn Energy announces full year results for the year ended 31 December 2021
Simon Thomson, Chief Executive, Capricorn Energy, said: ‘2021 was a transformational year for Capricorn; we continued to successfully reshape our portfolio and achieved a positive resolution of our Indian tax dispute. From the proceeds of asset sales and the Indian tax refund we have committed to nearly US$1 billion of capital returns to shareholders in […]
Cairn Energy to change its name to Capricorn Energy
Cairn is planning to change its company name from Cairn Energy plc to Capricorn Energy plc from December 13, the business has announced in a statement posted on its website. The development follows an agreement at the time of the Cairn India IPO that the name would ultimately be changed, Cairn noted. No action from […]
