Waldorf update

Summary by AI BETAClose X

Capricorn Energy PLC's RNS announcement of August 19, 2025, details the High Court's refusal to sanction Waldorf Production UK Plc's restructuring plan. Capricorn is owed $29.5 million related to a 2021 sale and purchase agreement, amended in 2023. While discussions with Waldorf continue, a full recovery of the $29.5 million is deemed unlikely given Waldorf's financial situation.

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