Capricorn Energy continues ‘to pursue’ North Sea sale
Capricorn Energy continues ‘to pursue’ North Sea sale
Executives at Capricorn Energy (LON: CNE) will tell a shareholder AGM today that it “continue(s) to pursue the potential sale” of its North Sea business.
It comes after Capricorn – formerly Cairn Energy – announced in March it would make 120 UK employees redundant as it focuses attentions on Africa.
New CEO Randy Neely and non-exec chair Craig van der Laan will deliver statements on the company strategy.
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