Capricorn Energy PLC (CRNCY) Q4 2025 Earnings Call Transcript

SA Transcripts159.16K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Capricorn Energy PLC (CRNCY) Q4 2025 Earnings Call March 26, 2026 6:00 AM EDT Company Participants Randall Neely - CEO & DirectorEddie Ok - Chief Financial OfficerGeoffrey Probert - Chief Operating Officer Presentation Unknown Executive Good morning, and welcome to the Capricorn Energy PLC Full Year Results Investor Presentation. [Operator Instructions] Before we begin, I would like to submit the following poll. And I would now like to hand you over to CEO, Randy Neely. Good morning to you, sir. Randall NeelyCEO & Director Good morning, and good morning to everyone, and thank you for joining us for Capricorn's 2025 Full Year Results Presentation. I'm joined today by our CFO, Eddie Ok; and our COO, Geoff Probert. First, let me take a moment to address the evolving situation in the Middle East, particularly the conflict involving the U.S., Israel and Iran. We are closely monitoring the developments, but our operations remain stable and unaffected. It is very much business as usual for us on the ground. But before we also dive into the presentation, I want to briefly address the recent speculation regarding a potential offer for Capricorn. I understand there may be considerable interest, but due to the takeover code, I'm unable to provide any specific information beyond what was in our statement earlier this month. To reiterate, Alamadiyaf al-Masiyyah, also known as the Cafani Group, has made multiple unsolicited nonbinding proposals for potential all-cash offer for Capricorn. Discussions are ongoing, and the Capricorn Board is actively seeking further clarity regarding Cafani's funding arrangements. Under the U.K. takeover code, they have until the 8th of April 2026 to make a firm offer. At this stage, there is no certainty that a firm offer will be made nor clarity on the terms of any such offer should one materialize.