Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Capricorn and Tullow announced their merger plans in June
M&A Tullow Oil
Simon Ferrie
6 September 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Capricorn expects Q4 merger progress

The proposal to combine with Tullow would create a large independent with an Africa-focused portfolio

London-listed independent Capricorn Energy expects to progress its proposed merger with fellow UK independent Tullow in the fourth quarter, but it is also assessing potential “alternative transactions”, the firm’s board confirms. “The board continues to believe that the proposed merger with Tullow can deliver significant long-term value” and create a “leading, Africa-focused energy company”, Capricorn says. The independent plans to issue documentation on the proposed merger in the fourth quarter, “ahead of a shareholder meeting”. However, Capricorn is also “assessing all options to maximise value for shareholders” by “exploring a number of expressions of interest relating to alternative tran

Also in this section
Canada’s Asian pivot faces hurdles
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
New Zealand is back open for business
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
New Zealand’s gas horror story will haunt for years to come
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
OPEC presses pause
9 December 2025
The group’s oil production declined in November, our latest analysis finds, amid divided sentiment over market balances and geopolitical jitters

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search