H1 17 results: all projects are respecting their timelines and are below budget. - The Catcher and Kraken (North Sea) projects are on track, Kraken started production in H1 and Catcher is scheduled for first oil in Q4 17; - Progress in Senegal exploration (targeting to start first oil from 2021); - 2017 capex FY guidance remains at $400m post tax, $260m expected for H2 17 split into $110m for development and $150m for E&A.
23 Aug 2017
Mexico: a new frontier?
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Mexico: a new frontier?
Capricorn Energy PLC (CNE:LON) | 169 0 0.0% | Mkt Cap: 155.5m
- Published:
23 Aug 2017 -
Author:
Marzio Foa -
Pages:
2
H1 17 results: all projects are respecting their timelines and are below budget. - The Catcher and Kraken (North Sea) projects are on track, Kraken started production in H1 and Catcher is scheduled for first oil in Q4 17; - Progress in Senegal exploration (targeting to start first oil from 2021); - 2017 capex FY guidance remains at $400m post tax, $260m expected for H2 17 split into $110m for development and $150m for E&A.