Drilling Update - Cairn Energy

Cairn announced that a testing program has commenced on the CB-A-2 appraisal well on Block CB-OS/2, offshore Gujarat, west India, with Noble Drilling's jackup, Noble Chuck Syring. CB-A-2 is a 4.5km step-out appraisal of the Lakshmi gas discovery, announced by Cairn on May 16, 2000. The testing program, over multiple potential pay zones, is expected to last approximately 21 days.

Cairn also reports that the CB-C-1 exploration well, approximately 24kms west of the Lakshmi Field in Block CB-OS/2, was recently spudded by R&B Falcon's jackup, JT Angel.