Former Capricorn execs land at Rockhopper
“We are looking forward to leveraging Simon’s experience in respect of our ongoing arbitration regarding Ombrina Mare, and Paul’s expertise in securing FID for offshore energy projects.”
Simon Thomson
Capricorn board out, Palliser nominees roll in
The vote appoints Hesham Mekawi, Christopher Cox, Maria Gordon, Craig van der Laan, Richard Herbert and Tom Pitts to the board with immediate effect. They all received 99.2% approval at the vote.
Capricorn, NewMed merger chances “significantly decreased”
Capricorn chair Nicoletta Giadrossi is stepping down immediately from the board. So too is CEO Simon Thomson, in addition to Peter Kallos, Alison Wood and Luis Araujo.
Capricorn faces EGM vote amid Palliser’s merger opposition
Capricorn noted that it had been working on “strategic alternatives” for more than a year. However, there have been no better options, it reported, and a sale is necessary to “maximise shareholder value and the full potential of Capricorn’s assets”.
Capricorn considers options in warning to Tullow merger plan
Amid mounting opposition from some investors to its proposed merger with Tullow Oil, Capricorn Energy is “assessing all options to maximise value for shareholders”.
Capricorn boss defends Tullow merger plans
Capricorn Energy head Simon Thomson has defended the company’s merger with Tullow Oil in an interview with the Sunday Times.
Capricorn, Tullow to link up in merger of equals
Tullow Oil (LON:TLW) and Capricorn Energy (LON:CNE) have set out a plan to merge into a single London-listed African powerhouse.
Capricorn Energy to spud 30m barrel North Sea prospect imminently
Oil and gas firm Capricorn Energy confirmed drilling is away to kick off on a North Sea prospect imminently.
Cairn, Cheiron complete Shell deal in Western Desert
Cairn Energy and Cheiron Petroleum have completed their acquisition of assets in Egypt’s Western Desert from Shell.
Cairn Energy updates timeline for North Sea sales, Jaws well pushed to Q4
Cairn Energy has updated its timeline for the £330m sale of its interests in the Catcher and Kraken assets in the North Sea.
Shell sells Western Desert assets to Cairn, Cheiron
Shell has signed an agreement to sell onshore Egyptian assets to Cheiron Petroleum and Cairn Energy for $646 million.
Cairn Energy attempts to seize Indian assets over tax dispute
Cairn Energy is increasing pressure on the Indian government to pay a $1.2 billion arbitration award after filing a lawsuit in the U.S.
Cairn sells Sangomar stake to Lukoil
Russia’s independent Lukoil has struck a deal to pay $300 million to Cairn Energy for a 40% stake in a licence offshore Senegal.
Cairn Energy ‘won’t change’ North Sea exploration plan despite oil price meltdown, chief says
This week’s oil price meltdown “won’t change” any short-term plans for Cairn Energy but could offer an opportunity, the Scottish oil firm’s boss said yesterday.
Cairn Energy continues profit growth with positive full year results
Scottish operator Cairn Energy has continued its drive for profit with positive full year results for 2019.
Cairn Energy’s Senegal well strikes oil pay
Cairn Energy this morning confirmed its latest Senegal well has made an oil find.
Cairn Energy insists it’s financially fighting fit, zeroes in on North Sea first oil
Cairn Energy's chief executive today said the firm was well-positioned to deliver on behalf of its shareholders.