Cairn to Explore the Atlantic Margin
Cairn Energy PLC is today issuing its Interim Management Statement in accordance with the reporting requirements of the EU Transparency Directive.
Simon Thomson, Chief Executive, Cairn Energy PLC said:
“Cairn has built a strategic position along the frontier basins of the Atlantic Margin, including Morocco, Senegal, Ireland, Mauritania and Greenland and is about to commence a 12 month multi-well high impact exploration programme offering shareholders exposure to material growth potential.
“Cairn continues to follow its policy of maintaining appropriate balance sheet strength as it progresses its exploration and development programmes.”
October 17, 2013