Capricorn Energy PLC (LSE:CNE)
£ 1.9018 -0.0716 (-3.74%) Market Cap: 132.92 Mil Enterprise Value: 77.81 Mil PE Ratio: 0 PB Ratio: 0.42 GF Score: 55/100

Full Year 2021 Capricorn Energy PLC Earnings Call Transcript

Mar 08, 2022 / 09:00AM GMT
Release Date Price: £6.37 (-6.45%)
Simon John Thomson
Capricorn Energy PLC - CEO & Executive Director

Well, Good morning everybody, and welcome to Capricorn's results presentation. I'm Simon Thomson, Chief Executive. With me James Smith, CFO; and Eric Hathon, Exploration Director. And also, not because we've fallen out, but because he's got COVID, joining us on the screen is Paul Mayland, COO.

So as an usual way, we've got a presentation to run through with you this morning, and we'd be happy to take questions at the end. It is being webcast, so if you have a question please state your name before asking. And in case of fire alarm, the exits are there and there.

Okay. Moving on to the presentation. 8 years ago the Indian government froze our assets and removed a $1 billion of assets from our balance sheet. It's been a long hard road, but I'm very happy to be standing in front of you today with our issue finally resolved, allowing us to move forward with our strategic delivery.

And quite rightly, shareholders ask us now what will Capricorn be going forward? Well, fundamentally, there's 2 characteristics

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