Cairn Takes Reins as 100% Owner in Capricorn Exploration Unit
Monday, November 30, 2009 Cairn will assume full ownership of its exploration subsidiary Capricorn by acquiring Dutch oil explorer Dyas' holdings in the unit, in return for $95 million and stakes in licenses in Tunisia and Albania.
EMGS Lands 3D Survey Gig Offshore Greenland
Wednesday, August 12, 2009 EMGS has secured a contract to perform a 3D electromagnetic survey in the Disko West area offshore Greenland on behalf of Cairn Energy.
Capricorn Secures 2 Exploration Licenses Offshore Greenland
Monday, October 27, 2008 Cairn has secured interests in two frontier hydrocarbon exploration licenses offshore southern Greenland through its exploration focused arm Capricorn.
Cairn to Lead the Way in Greenland's First Commercial Production
Thursday, January 10, 2008 Two of the blocks awarded are in the Disko West Round, and the other two are located in the Open Door Area. In addition, Cairn has acquired a 40% interest in two west Greenland offshore blocks operated by EnCana.
Cairn: Increasing Asset Portfolio through Acquisitions
Friday, September 07, 2007 Capricorn has entered into three separate transactions, the first steps towards building a portfolio of assets with material positions offering high impact exploration potential.
Cairn Reports Loss for 2006
Tuesday, March 27, 2007 Cairn Energy PLC on Tuesday announced its preliminary results for 2006. The company posted an after-tax loss of $82 million for the year, compared to a net profit of $79.1 million the previous year.
Cairn Wins More Indian Acreage in NELP-VI
Friday, February 09, 2007 Cairn India has secured an interest in two new exploration blocks in India - PR-OSN-2004/1 and KK-DWN-2004/1.