Capricorn Energy PLC 2012 Annual Report with Sustainability Disclosures
Company: Capricorn Energy PLC
Sector: Mining & quarrying
Country: United Kingdom
Year: 2012
Type: Annual Report with Sustainability Disclosures
Pages: 136
The report describes Cairn’s 2012 transition from returning capital to rebuilding a balanced exploration and development portfolio, including acquisitions that added North Sea interests and new exploration opportunities. It reports returning approximately US$3.5 billion to shareholders while retaining US$1.6 billion in Group net cash at year-end to fund exploration. The company also reports that its 2012 operated Greenland and Morocco activities had no injuries or environmental incidents.
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