Cairn Energy Plc

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About

Cairn is one of Europe's leading independent oil and gas exploration and development companies and has been listed on the London Stock Exchange for 30 years. Cairn has explored, discovered, developed and produced oil and gas in a variety of locations throughout the world as an operator and partner in all stages of the oil and gas lifecycle.  

Cairn’s exploration activities have a geographical focus in the North Sea, West Africa and Latin America, underpinned by interests in production and development assets. Cairn has its headquarters in Edinburgh, Scotland supported by operational offices in London, Senegal and Mexico. 

Editor's note: Updated July 27, 2020.

Symbol(s)
LON: CNE
Headquarters Address

Edinburgh
United Kingdom

News

Following the acquisition, Woodside Petroleum will have to foot a bigger share of the $4.2 billion development cost for the Sangomar…

Oil and gas producer Cairn Energy said it will sell its Senegal interests to Russia's LUKOIL and added that the sale and special…

Once the most adventurous aspect of the business, exploring for new oil and gas fields is now one of the most controversial.

Oil and gas producer Cairn Energy on March 27 reduced investment plans by about a fifth, following the fall of oil prices to less than…

The project is Senegal’s first oil development and key to Woodside’s growth plans over the next seven years.

Activity Highlights

Cairn Energy Plc announced plans to drill about 500 new exploration wells in India’s Barmer Basin in Rajasthan. Seismic surveys have been completed between Gudamalani and Shiv Tehsil and the initial wells will be drilled in this area. The wells…

Results from the #1-FAN South exploration well were announced by Edinburgh, Scotland-based Cairn Energy Plc. At the offshore Senegal South Fan Prospect, the well encountered 31-degree-gravity oil in the Lower Cretaceous reservoir. It was drilled…

Testing results were announced by Cairn Energy Plc from offshore Senegal well #1-FAN South in the South Fan prospect. The well hit a Lower Cretaceous hydrocarbon bearing reservoir. Preliminary analysis indicates 31-degree-gravity oil. Additional…

Cairn Energy Plc has announced the results from an offshore Senegal appraisal well #1-VR. The venture hit the targeted lower (500 series) and it confirms that the reservoir presence, fluid contacts and fluid quality are in line with the results…

Operator Cairn Energy Plc. is under way at appraisal well #5-SNE in offshore Senegal’s Sangomar Deep Offshore Block. The #5-SNE and follow-up venture, #6-SNE will evaluate the upper SNE reservoir units. Planned tests include flow testing,…

Transactions

Report Date Amount (MM) Description
2020-07-27 $400.00

Cairn Energy to Pay Special Dividend after $400 Million Asset Sale

Cairn Energy to Pay Special Dividend after $400 Million Asset Sale

Report Date Amount (MM) Description
2012-08-07 $375.00

Cairn Energy Expands North Sea Assets Following Agora Purchase

Cairn Energy Expands North Sea Assets Following Agora Purchase

Report Date Amount (MM) Description
2010-08-31 $8,500.00

2010-08-31-2010-08-16

2010-08-31-2010-08-16

Report Date Amount (MM) Description
2009-10-28 $310.00

2009-10-28-2009-10-14

2009-10-28-2009-10-14

Report Date Amount (MM) Description
2009-08-19 $72.60

2009-08-19-2007-10-01-2007-10-01

2009-08-19-2007-10-01-2007-10-01