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Cairn Energy PLC news

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CNE 179.90 -3.80 (-2.07%)
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Cairn Energy Adds Agora Oil & Gas to its Portfolio
Agora possesses attractive core assets and significant exploration potential both in 2012 and beyond in an area offering future organic growth," said Simon Thomson, Chief Executive of Cairn Energy. "Like the Cairn team, the Agora team has a proven ...
Cairn Energy to buy Norwegian Agora Oil & Gas  Business Excellence Magazine
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Cairn Energy buys Norwegian oil company Agora
Oil explorer Cairn Energy has announced it is to buy Norwegian rival Agora Oil and Gas for $450m (�281m). Edinburgh-based Cairn said the move would add drilling to its 2012 exploration programme, with up to nine Agora wells scheduled to be drilled off ...
Cairn Buys Rothschild-Backed Agora Oil for $450 Million  Bloomberg
RIT Capital set for �70m windfall from Cairn deal
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Cairn Energy acquisition Agora in oil strike success
A company which is to be bought by the Edinburgh explorer Cairn Energy has struck oil in the Norwegian North Sea. Agora has discovered "light oil" at the Skarfjell Prospect and although the well has not been tested it said sampling had been carried out.
Cairn shares jump as Agora strikes oil  Herald Scotland
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Dividend payouts hit record levels, but income investors warned of tight year ...
Dividend investors have been warned against getting too excited over a 25 per cent rise in income returns, as this was triggered by bumper special payouts from Vodafone and Cairn Energy. A record �18.8bn in dividends were delivered to investors in the ...
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Cairn Energy finds second oil discovery in KG block
Cairn Energy India Pty Ltd. (CEIL), on Tuesday, said it had discovered oil in Nagayalanka-SE-1 well in the onshore block of Krishna-Godavari Basin.
Cairn India's second oil discovery in a Krishna Godavari basin block  Economic Times
Cairn Energy notifies second oil discovery in KG Basin's Nagayalanka well  Hindu Business Line
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A passage to India
Founded in 1981 by Sir Bill Gammell, now its non-executive chairman, Cairn Energy had just unearthed the Mangala oil field in the North West Indian State of Rajasthan, a discovery that was to transform the business and catapult it into the FTSE 100 ...
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European Stock Futures Are Little Changed; Roche May Move
Ferrovial SA (FER) tumbled 6.4 percent as Spain's government published its budget for 2012. Cairn Energy Plc gained 4 percent after agreeing to buy Agora Oil & Gas AS, which is owned by RIT Capital Partners Plc and Jacob Rothschild.
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The financial risks of Arctic drilling
For the past couple of years, Greenpeace has been ringing the bell, taking action and highlighting the risks and dangers of drilling for oil in the Arctic, the last great wilderness on Earth, and one of the most fragile ecosystems on the planet ...
Rush to establish Arctic economy risky for ecosystems, warns report  Responding to Climate Change (press release) (blog)
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Market Report: Heritage jumps on new Kurdistan gas find
"Indeed, if you don't have any exploration then the market overly punishes. This happened with Cairn's shares which had been valuing $1.2bn of cash at zero, because they [Cairn Energy] spent $1bn on wildcat frontier exploration offshore Greenland and ...
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Tweedie to lead accountancy body
... and, in 2001, chairman of the International Accounting Standards Board - a position he held until last year. Sir David will be joined at Icas by new vice-presidents Brendan Nelson, a non-executive director at RBS and BP, and Jann Brown of Cairn Energy.
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