Cairn Energy Sees 2019 Production Within Guidance Of 19,000-22,000 Bopd [Reuters]
CAPRICORN ENERGY UNSP/ADR (CRNCY)
NASDAQ:AMEX Investor Relations:
cairnenergy.com/investors
Company Research
Source: Reuters
Cairn Energy PLC (CNE.L) Key Developments | Reuters.com March 12 (Reuters) - Cairn Energy PLC ::CAIRN PLANS A MATERIAL EXPLORATION PROGRAMME IN 2019.FY COMBINED NET PRODUCTION AVERAGED ABOUT 17,500 BOEPD.FY OIL AND GAS SALES REVENUE US$396M.ESTIMATED 2019 NET PRODUCTION OF 19,000 TO 22,000 BOPD; AVERAGE PRODUCTION COST US$20/BBL.FORECAST CAPITAL EXPENDITURE US$300M IN 2019.FY OPERATING LOSS $182.1 MILLION VERSUS $105.2 MILLION. Full Article March 11 (Reuters) - Cairn Energy PLC ::CAIRN ENERGY PLC - AN UPDATE ON ITS PROCEEDINGS AGAINST INDIA UNDER UK-INDIA BILATERAL INVESTMENT TREATY.CAIRN ENERGY-ARBITRATION PANEL ADVISED IT WAS NOT ABLE TO ADVANCE BINDING & INTERNATIONALLY-ENFORCEABLE AWARD AS EXPECTED DUE TO PROCEDURAL MATTERS.CAIRN ENERGY - EXPECTS TIMETABLE FOR ISSUING BINDING & INTERNATIONALLY-ENFORCEABLE AWARD TO BE MORE PROTRACTED THAN ORIGINALLY ANTICIPATED.CAIRN ENERGY - EXPECTS TIMETABLE FOR ISSUING BINDING & INTERNATIONALLY-ENFORCEABLE AWARD UNLIKELY TO BE BEFORE LATE 201
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