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Cairn Energy starts $600m action against Indian government as tax...

2016-01-20 05:13:56| Oil & Gas - Topix.net

CAIRN Energy has said it wants $600 million damages from the Indian Government as a tax dispute drags on amid the crude price plunge while highlighting the progress it has made off Scotland and West Africa. The Edinburgh-based firm has started formal proceedings to get compensation for the sharp fall in the value of its remaining holding in the Cairn India business since the country's government launched a $1.6bn tax claim against it two years ago.

Tags: action government energy tax

 

Cairn Energy re-enters second appraisal well in offshore Senegal

2016-01-19 01:00:00| Offshore Technology

Cairn Energy has re-entered the second appraisal well to be drilled on the SNE oilfield, 100km offshore of Senegal.

Tags: energy senegal offshore appraisal

 
 

Cairn Energy PLC (CNE) Given "Hold" Rating at Liberum Capital

2016-01-17 03:57:46| Energy - Topix.net

's stock had its "hold" rating restated by stock analysts at Liberum Capital in a research report issued to clients and investors on Friday, AnalystRatingsNetwork.com reports. They presently have a GBX 165 target price on the oil and gas development company's stock.

Tags: rating capital hold energy

 

Cairn Energy finds positive result at SNE-2 appraisal well offshore Senegal

2016-01-05 01:00:00| Offshore Technology

Cairn Energy has completed successful testing of the SNE-2 appraisal well and achieved positive results in offshore Senegal.

Tags: result positive energy finds

 

Cairn Energy announces positive results from Senegal well tests

2016-01-04 12:09:08| Energy - Topix.net

Cairn Energy announced the successful testing of the SNE-2 appraisal well offshore Senegal with positive results. The oil and gas exploration and production company said operations have been safely and successfully completed following drilling, coring, logging and drill-stem testing and the well is now being plugged and abandoned.

Tags: results positive energy tests

 

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