Cairn Energy’s Senegal field development advances as plan is submitted
The development plan has been submitted to the authorities and Woodside Energy will now become the operator
Company
Capricorn Energy PLC
LON:CNE
Capricorn Energy PLC is one of Europe’s leading independent upstream energy companies, headquartered in Edinburgh, UK. Historically it has discovered, developed and produced oil and gas in multiple settings throughout the world.
242 stories · page 4 of 13
West of Shetland discoveries point to new growth for offshore UK
The narrative around the North Sea’s demise is both exaggerated and premature, but, the 'blue sky' very much remains in the West of Shetland region
Proactive Weekly Oil & Gas highlights: Hurricane Energy, Eco Atlantic, UK Oil & Gas, Sound Energy ...
It was another busy week of deals and operations updates in the junior oil and gas sector.
Cairn Energy’s India losses distract from its North Sea success story
The Catcher and Kraken fields were ramping up production through the first half of 2018, but, as international arbitration continues, the Cairn India tax dispute remains a concern
FTSE 100 stays in red at close as Brexit deal confidence wanes; trade fears persist
The UK bluechip index fell 25 points to 7,253 around 3.50pm
Archive
UK jobs and wages in focus given upcoming Bank of England policy meeting
Aside from the latest UK labour market data, Tuesday will also bring corporate updates from the likes of Ashtead Group, JD Sports Fashion, and Cairn Energy
Archive
Heatwave may help or hurt sales at Wetherspoons, JD Sports, Primark and Dunelm
The week ahead includes annual results from Wetherspoons, Galliford Try and Dunelm along with interims from Morrisons and trading updates from AB Foods and Ashtead
Faroe Petroleum farms into Agar-Plantain well opportunity
Faroe is taking a 25% stake in a US$15mln well which will test two separate targets - one exploration, one appraisal - in an area close to the boundary between UK and Norwegian waters
UBS fancies Cairn Energy as Catcher performance promises upgrade
Catcher operator recently flagged that the new North Sea operation was now at plateau production - UBS reckons a strong performance suggests it will now yield more hydrocarbons than previous forecasts
Cairn Energy writes down value of Vedanta investment as Indian tax row rumbles on
The Indian government seized Cairn’s stake in Vedanta as part of a row over taxes and has now sold off a chunk of that holding worth US$234mln
Tullow Oil and Cairn Energy targets lifted by UBS
Improving investor sentiment across the sector is good news for pure-play exploration and production stocks.
Goldman Sachs upgrades Tullow Oil and Cairn Energy on crude strength
Goldman is targeting stocks with the promise of cash flow growth and operational upside
Cairn Energy boss “excited” by busy year ahead
Cairn’s boss Simon Thomson will tell investors at today’s AGM that the oil company made big strides in 2017, something he expects to see again in 2018
FAR advances opportunities in Senegal and The Gambia as oil price hits multi-year highs
FAR’s share price has been increasing along with the oil price and is trading near 12-month highs.
Premier Oil and Ophir Energy upgraded by Barclays, while Faroe Petroleum is cut
Barclays Capital sees further upside for oil and gas firms so long as crude continues at US$65 to US$70 per barrel
Proactive Oil Highlights: Cairn Energy, SDX Energy, Chariot Oil & Gas ...
A glance at this week’s top stories from London’s junior oilers
Cairn Energy says Catcher and Kraken fields are approaching plateau rates, looks forward to Senegal milestones
After delivering Kraken and Catcher in 2017, the company now looks to Nova (in Norway) and SNE (offshore Senegal) for its next value adding developments
FTSE 100 closes firmly lower as traders get jumpy about US politics
FTSE 100 finished almost 76 points lower at 7,138, while the FTSE 250 lost over 254 points at 19,863.
Archive
Philip Hammond's first-ever UK Spring Statement to show austerity still very much alive
The day ahead includes the first-ever UK Spring Statement from Chancellor Philip Hammond, plus full-year results from Antogasta, Cairn Energy, and Fevertree Drinks
Cairn Energy shares strengthen ahead of results thanks to broker upgrade
A new price target of 300p sees some 55% upside to Cairn's current price but the 'Bull' case goes much higher