Block 7
Block 10
Capricorn has interests in two blocks in the Gulf of Mexico, as non-Operator in Block 7 (Capricorn 30% WI) and Block 10 (Capricorn 15% WI).
Following drilling results from Capricorn’s final commitment well, subsequent Operator estimates and the Company’s own internal analysis, Capricorn decided to withdraw from these licences and is in the process of exiting, with completion expected in Q2/24.