Capricorn Energy PlcLSE: CNE

Postponement of Detailed Operational Update

· Issued by Capricorn Energy Plc
FOR IMMEDIATE RELEASE                                                                                                          9 November 2023

Capricorn Energy PLC ("Capricorn" or the "Company")

Postponement of Detailed Operational Update

Capricorn announces the postponement of its Detailed Operational Update previously planned for 30 November 2023. This is due to a number of factors including completing the required technical and commercial work to provide a comprehensive and detailed portfolio update. The Company will announce a rescheduled date in early 2024. Capricorn continues to hold constructive discussions with the Egyptian General Petroleum Company and our Joint Venture partner on activities in 2024.

Ends

Enquiries to:

Analysts / Investors

Nathan Piper, Commercial Director

Tel: 0131 475 3000

Media

Diana Milford, Corporate Affairs                     

Tel: 0131 475 3000

Billy Clegg/Owen Roberts, Camarco

Tel: 0203 757 4980

About Capricorn Energy PLC

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

For further information on Capricorn please see: www.capricornenergy.com