Cairn Energy released its H1 15 results. Operations are going well: Progress in Senegal exploration (prospects and leads have gross mean risked resources of over 1bn bbl); 3D seismic acquisition programme to start in Q3 15; Catcher and Kraken (North Sea) projects are on track and within budget (first oil and free cash flow in 2017); capex should stand at $615m from H2 15.
18 Aug 2015
H1 15: progress on Senegal exploration, North Sea on track
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H1 15: progress on Senegal exploration, North Sea on track
Capricorn Energy PLC (CNE:LON) | 170 3.7 1.3% | Mkt Cap: 156.7m
- Published:
18 Aug 2015 -
Author:
Marzio Foa -
Pages:
2
Cairn Energy released its H1 15 results. Operations are going well: Progress in Senegal exploration (prospects and leads have gross mean risked resources of over 1bn bbl); 3D seismic acquisition programme to start in Q3 15; Catcher and Kraken (North Sea) projects are on track and within budget (first oil and free cash flow in 2017); capex should stand at $615m from H2 15.