Full Year 2024 Capricorn Energy PLC Earnings Call Transcript

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Mar 27, 2025

Mar 27, 2025 / 09:00AM GMT
Randy Neely - Capricorn Energy PLC - Chief Executive Officer, Executive Director

(audio in-progress)

Good morning and thank you all for attending or listening in remotely. I'm joined today by Eddie Ok, our CFO, who will walk through the operational and financial highlights as well as Geoff Probert, our COO, who will provide a review of ongoing operations and provide more detail on the progress we made to improve our production sharing contracts in Egypt.

Over the past two years, the new Board, myself, and the rest of the management team have made a major effort to transform the culture, priorities, and focus of Capricorn. This wheel is meant to capture very simply how we are approaching our business. We like to describe ourselves as a blue-collar oil and gas company. We focus on the small details. We finance the business conservatively. We approach every project with technical rigor and apply strict capital discipline. We demand operational excellence from ourselves and our partners.

In Egypt specifically, we administer the business strictly through a self-funding business

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