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E ENI Spa

32.85
0.06 (0.18%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ENI Spa NYSE:E NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.06 0.18% 32.85 32.86 32.45 32.71 145,333 00:18:03

Cairn Energy Secures New Licenses in Mexico Bid Round

20/06/2017 7:44am

Dow Jones News


ENI (NYSE:E)
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LONDON--Cairn Energy PLC (CNE.LN) has secured interests in two licenses in the Mexico offshore bid round.

The oil and gas exploration and development company said Tuesday the licenses were secured by its subsidiary Capricorn Energy Ltd., with the Production Sharing Contracts scheduled to be signed later this year with the Government of Mexico. The contract awards are subject to the final approval of the authorities.

Cairn said it anticipates exploration drilling to commence in the 2019-2020 period on both blocks.

 

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

 

(END) Dow Jones Newswires

June 20, 2017 02:29 ET (06:29 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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