Capricorn update on purchase of the Waldorf group

12 Dec Capricorn update on purchase of the Waldorf group

London, December 12, 2025, (Oilandgaspress) ––Capricorn notes the announcements made by Waldorf Production UK Plc (“Waldorf”) and Harbour Energy plc (“Harbour”) earlier today related to the purchase of the Waldorf group by a subsidiary of Harbour (“Transaction”). Capricorn has entered into a lock-up agreement in support of the Transaction and has agreed to compromise its unsecured claims against Waldorf for a payment of around $4m to $5m, which is the subject of a methodology agreed between Capricorn and certain of Waldorf’s creditors. Capricorn will also retain the right to participate in potential residual claims.

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