Debt repayment update

Summary by AI BETAClose X

Capricorn Energy PLC has announced the early repayment of its $30 million Junior Debt Facility loan, two years ahead of schedule. This significant debt reduction was made possible by $81 million in collections received year-to-date from the Egyptian General Petroleum Corporation, demonstrating strong cash flow generation and improved financial health for the company.

Disclaimer*

Capricorn Energy PLC
05 May 2026
 
FOR IMMEDIATE RELEASE                                                                                                                    5 May 2026

 

 

CAPRICORN ENERGY PLC ("Capricorn" or "the Company")

 

Debt repayment update

 

 

Capricorn announces that it has fully repaid its $30m Junior Debt Facility loan two years ahead of schedule, following $81m in collections from the Egyptian General Petroleum Corporation year to date.

 

 

Ends

 

Enquiries to:

 

Analysts / Investors

 

Nathan Piper, Commercial Director

Tel: 0131 475 3000


 

 

Media

 

Diana Milford, Corporate Affairs                     

Tel: 0131 475 3000

 

 

Georgia Edmonds / Violet Wilson / Fergus Young, Camarco

 

Tel: 0203 757 4980

 

 

 

 

Capricorn Energy

Capricorn is a cash flow-focused energy producer, with an attractive portfolio of onshore development and production assets in the Western Desert.

 

For more information on Capricorn visit: https://www.capricornenergy.com

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Capricorn Energy (CNE)
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