UK's Capricorn Energy rises after takeover deadline extension

Capricorn Energy

03/06/2026 08:25

** Shares of British oil and gas producer Capricorn Energy CNE.L rise 2.2% to 332 pence
** Co says PUSU deadline with Saudi-based Alamadiyaf al-Masiyyah extended until July 1 for a potential cash offer 
** Oil prices are up as hostilities in the Middle East erupted anew and talks between Tehran and Washington showed very little progress
** CNE up 70%, YTD

 (Reporting by Nithyashree R B in Bengaluru)
 ((NithyashreeRB@thomsonreuters.com))