Published Date:
06 June 2008
CAIRN India, the oil & gas firm controlled by Edinburgh-based Cairn Energy, has been awarded a new exploration prospect off the coast of Sri Lanka.
Cairn said the government of Sri Lanka had awarded it exploration rights for a large block in the Mannar Basin, off north-west Sri Lanka, covering 3,400 square kilometres at depths of between 200m and 1,800m.
Cairn Energy floated its Indian business in January last year, but retained a stake of 65 per cent in the new company.
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Last Updated:
05 June 2008 8:54 PM
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Source:
The Scotsman
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Location:
Edinburgh
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Related Topics:
Cairn Energy
