Finance

Careworn Capricorn ditches exploration farm-outs totally amid Egypt focus

UK player will rapidly exit exploration plays in Africa and Americas in move to peg its entire future on Egypt

Focal point: Capricorn Energy’s future will depend on Egypt whose capital city Cairo, on the banks of the River Nile, is shown here.
Focal point: Capricorn Energy’s future will depend on Egypt whose capital city Cairo, on the banks of the River Nile, is shown here.Photo: AFP/SCANPIX
London
Capricorn EnergyMexicoSurinameMauritaniaEgypt
Published 26 June 2023, 12:31Updated 28 June 2023, 13:12