This morning Cairn provided an extensive overview of its operations in Senegal. We like the Senegal assets that offer materiality, running room and robust economics. We continue to believe it is difficult to buy the name until the tax uncertainty in India has been resolved.
11 May 2015
SENEGAL CAPITAL MARKETS DAY SUMMARY
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SENEGAL CAPITAL MARKETS DAY SUMMARY
Capricorn Energy PLC (CNE:LON) | 165 6.3 2.4% | Mkt Cap: 151.4m
- Published:
11 May 2015 -
Author:
Stephane Foucaud -
Pages:
5
This morning Cairn provided an extensive overview of its operations in Senegal. We like the Senegal assets that offer materiality, running room and robust economics. We continue to believe it is difficult to buy the name until the tax uncertainty in India has been resolved.