Capricorn Energy Addresses Waldorf Production’s Outlook

Capricorn Energy PLC (GB:CNE) has released an update.

Capricorn Energy PLC has acknowledged the recent announcement by Waldorf Production UK PLC about its parent companies’ intention to appoint administrators, clarifying that, to their knowledge, no companies within the group have yet filed for administration. Capricorn is known for its focus on cash flow, boasting a portfolio that includes onshore assets in Egypt’s Western Desert and potential stakes in the UK North Sea.

For further insights into GB:CNE stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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