Cairn Energy Announces Results Offshore Bangladesh

The Sandwip East-1 exploration well located offshore Bangladesh in Block 15 has been plugged and abandoned following the discovery of sub-commercial gas volumes. The well was drilled under the Block 15 Production Sharing Contract with Petrobangla in a Joint Venture with Shell Bangladesh Exploration and Development B.V. The Energy Explorer IV has subsequently been moved from the Sandwip East-1 well location to Block 16, where the Joint Venture is currently drilling South Sangu-2.