Cairn Energy


All posts for Cairn Energy

Cairn Energy: Raudåsen Update

The enclosed announcement has been reported by the Norwegian Petroleum Directorate (NPD) regarding PL 790, containing the Raudåsen prospect, in which Cairn has a 25% working interest. Dry well South-West of Knarr Field in the North Sea – 34/2-5 S Aker BP ASA, operator of production licence 790 ...

OilVoice Press - OilVoice


Posted 8 days agoPress > Cairn EnergyRaudasenNPD +6

Oil Price, Cairn, Chariot, Touchstone, Falcon Oil & Gas, and Finally…

WTI $65.55 -33c, Brent $70.12 -33c, Diff -$4.57 n/c, NG $2.62 +3c Oil Price The market is quiet, unsurprisingly as we come to the month and quarter end, this year also coinciding with the Easter break. Crude though is holding levels that the bears can't understand although seems quite natural ...

Malcolm Graham-Wood - Malcy's Blog


Posted 29 days agoOpinion > oil priceFalcon Oil & GasCairn Energy +5

Cairn Energy: Tethys Update

The enclosed announcement has been reported by the Norwegian Petroleum Directorate (NPD) regarding PL 682, containing the Tethys prospect, in which Cairn has a 30% working interest. The partners in PL 682 are Spirit Energy Norge AS (Operator) 30%, Capricorn Norge AS 30%, Wellesley Petroleum AS 20 ...

OilVoice Press - OilVoice


Posted 29 days agoPress > Cairn EnergyTethysNPD +8

Oil Price, Cairn Energy and Finally…

WTI $61.36 -68c, Brent $64.95 -54c, Diff -$3.59 +14c, NG $2.78 +5c Oil Price As I mentioned yesterday crude oil was marked back first thing and never recovered, probably ahead of an uncertain week of inventory stats. At this time of year analysts are usually over optimistic as they miscalcula ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > Cairn Energyoil priceMalcy +3

Cairn Energy: Preliminary Results Announcement

Simon Thomson, Chief Executive, Cairn Energy PLC said: With first oil production from its North Sea developments, Cairn continues to deliver a strong and balanced business with a growing production base supporting further development and a multi-well exploration programme offering significant ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Cairn EnergyResultsSenegal +6

Cairn Energy: Operational Update

Cairn intends to announce its preliminary results for the year to 31 December 2017 on Tuesday 13 March 2018. In advance of these results, Cairn is providing an update on recent operations and the Group's trading performance in 2017 together with guidance for 2018. This information is unaudited and ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Cairn EnergyOperational UpdateUK +5

Oil Price, SDX, Sound, Saffron, Cairn, Angus, Link And Finally…

WTI $63.57 +26c, Brent $69.03 +42c, Diff -$5.46 +22c, NG $3.22 +4c Oil Price Whilst all those clowns play in the snow at Dav-Oh the rest of the world is getting on with business, the real world you might say. In the real world, oil is going up and for a very old fashioned reason, as the be ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > MalcyMalcysMalcy's Blog +7

Oil price, BP/Cairn/Far, Amerisur, Sound, SDX, Serica And finally…

  Oil price A quiet day in the oil bourses in which the problems being encountered by Mrs Merkel meant that the market ended in a listless and slightly concerned manner. This morning the market is up by around 30c, again on very little news. As we run up to the Opec meeting there will be the us ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > BPoil priceAmerisur Resources +7

Oil price, Parkmead, Zenith Energy, Cairn And finally…

  Oil price The end of a bad week for the oil price as a combination of indifferent inventory stats, belligerent Russians an IEA report that didnt square with Opec's and topped off by Saudi Oil Minister Khalid al-Falih suggesting that world inventories wouldn't be below their five year average ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > oil priceParkmead GroupParkmead +5

Oil price, Cairn/Far, Savannah, Sundry-Premier-Genel-Eco Atlantic, And finally…

  Oil price The blog comes to you this week from Africa Oil Week in Cape Town, the plan is to watch the presentations and hopefully chat with the speakers and report back what's fit to print. The oil price rallied a bit on Friday, it was a bit of a lacklustre week, WTI was up a measly 39c an ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > oil priceCairn EnergyFar Limited +7

Cairn Energy swings to profit after Kraken begins producing oil

The ball appears to be rolling along quite nicely in Senegal. Cairn has upgraded the size of the estimated contingent proven and probable resource base at the SNE field there to approximately 563 million barrels of oil, up from a 473 million barrel estimate back in March. The more detailed product ...

Fiona Cincotta


Posted 8 months agoOpinion > 2017 Oil industry PredictionsCairn Energy

Oil price, Victoria Oil & Gas, Trinity, Sundry-Thalassa-EnQuest/Cairn-Touchstone-UKOG- And finally…

Oil price Those strange bedfellows of the USA, Nigeria and Libya continue to combine and spook the market and their increased production is making investors wobble. The rig count showed another 11 units on last week and the CFTC data showed a huge cut of 55m barrels to 160m barrels by the ‘money m ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 months agoOpinion > Malcy's BlogVictoria Oil & GasTrinity Exploration & Production +5

Oil price, Echo Energy, Cairn/FAR, Sundry-Ophir-Faroe-Various broadcasts- And finally…

Oil price Momentum seems to be the watchword in what is a particularly lethargic market at the moment, general blaming of Opec and Non-Opec production from Nigeria, Libya and the US is deemed to cover the situation. Whilst on those organisations it seems that Opec compliance in May was 108% and No ...

Malcolm Graham-Wood - Malcy's Blog


Posted 10 months agoOpinion > Malcy's BlogEcho EnergyCairn Energy +3

Cairn secures new licences in Mexico bid round

  Cairn is pleased to announce it has secured interests in two licences in the Mexico offshore bid round. The licences (one operated and one non-operated, covering ~1,100km2) are located in the Gulf of Mexico in the shallow water Sureste basin in water depths of 100-500metres and ~50km offshore:  ...

OilVoice Press - OilVoice


Posted 10 months agoPress > Cairn EnergyMexicoGulf Of Mexico

Oil price, Hurricane, Cairn/FAR, Sound, Tullow, Sundry-Petrofac-Cycles analysis- And finally...

Oil price Another up day yesterday as the market's eyes turned to the EIA inventory stats following the rather disappointing API numbers the night before. Whilst the draw of 1.8m barrels was short of the 2.5m whisper it was enough to keep the bears at a distance. It will be worth watching the net ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 months agoOpinion > Malcy's BlogHurricane EnergyCairn Energy +4