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Share Name Share Symbol Market Type Share ISIN Share Description
Cairn Energy LSE:CNE London Ordinary Share GB00B74CDH82 ORD 231/169P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +2.50p +1.46% 173.50p 172.20p 172.40p 174.60p 169.00p 172.00p 4,175,540 16:35:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 321.7 -992.7 -153.4 - 1,022.81

Cairn Energy Share Discussion Threads

Showing 14726 to 14747 of 15050 messages
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DateSubjectAuthorDiscuss
02/7/2018
07:26
https://uk.advfn.com/stock-market/london/vedanta-VED/share-news/Vedanta-Resources-PLC-Recommended-Possible-Offer-f/77779914
rogerlin
26/6/2018
11:09
According to Merrill buy into Cairn arbitration as winning would boost sum-of-the-parts value to £3.30 per share while defeat would cut it to £2.50. They have chosen a mid price as a fair target price of £2.90. Personally, as a long term (long suffering) shareholding, I would be very disappointed to see a favourable decision raise CNE only to £3.30.
ladywormer
26/6/2018
10:33
From the ADVFN morning bulletin:- Cairn Energy was boosted by an upgrade to ‘buy’ from Bank of America Merrill Lynch.
alan@bj
26/6/2018
07:31
The Market Report section of The Daily Telegraph says 'Cairn Energy bucked the post-Opec meeting slide in oil prices and crude producers after UBS made it one of its top picks on its "undervalued projects" nudging the mid-cap driller 9.4p high to 238.2'
ladywormer
26/6/2018
07:28
Nice 6.4% up why
scoble2
26/6/2018
07:16
Nice little spike this morning?
dunderheed
25/6/2018
09:36
Thanks very much alan really appreciated, I was just stating the TOO was not dependent on FID - which I don't think it is?! All imho and dyor of course and best of luck folks!
dunderheed
22/6/2018
12:57
Dunderheed - the AGM statement also said, "We are targeting submission of the Evaluation Report to the Government of Senegal by the end of Q2. The transfer of Operatorship to Woodside will follow thereafter." So, it might be Q3 rather than Q4.
alan@bj
22/6/2018
09:31
"Normally" in these type of PSC / commercial agreements the TOO is linked to commerciality. They leave the 'easy' exploration to the junior and once some form of discovery made it reverts to the 'big boys' to do the 'real work'!! All imho and dyor of course!!
dunderheed
22/6/2018
09:14
No, I'm not referring to the FAR issue at all. I just think that there will be a delay between the Exploitation Plan's submission to the Government of Senegal and the Final Investment Decision. I do think the TOO is linked to the FID - but happy to be corrected if I'm wrong.
alan@bj
22/6/2018
07:16
Simply because in the 15th May AGM statement the Chief Exec commented that, "We expect to pass several key milestones in Senegal later this year. We are working hard on the phased Exploitation Plan, which we will present to the Government of Senegal in H2 with a Final Investment Decision to follow." I doubt they'll get the FID during Q2, and I believe the operational transfer can't be made until they do.
alan@bj
22/6/2018
07:12
Hi roger, re 3361, had that ever anything to do with the TOO. I've never seen that officially? I thought Woodside just stated there is nothing at all legally to worry about and it was business as normal? I personally am not so sure about that but....
dunderheed
22/6/2018
07:08
https://thewest.com.au/business/energy/far-rejects-woodside-role-in-senegal-ng-b88501167z The arbitration over pre-emption rights is not yet resolved.
rogerlin
22/6/2018
06:42
3359, why do you say that alan?
dunderheed
21/6/2018
22:06
Yes, I think it’s more likely to be Q4 than Q3.
alan@bj
21/6/2018
21:18
Well thats 31.12 nailed on then lol!!
dunderheed
21/6/2018
21:16
That's to say, sometime between the 1st July to 31stDecember ('Christmas'), 2018.
dogwalker
21/6/2018
21:12
Thanks Alan. That's a relief.I didn't know when it was....
dogwalker
21/6/2018
16:54
Thanks Alan. Me being ever optimistic had somehow nailed June onto that in my old man's memory, lol!!
dunderheed
21/6/2018
13:21
From the Final Results RNS dated 13th March 2018:- "Formal transfer of Operatorship (TOO) to Woodside expected to take place in H2 2018, subject to Government approval"
alan@bj
21/6/2018
11:56
Lol. No, still don't know , but you've got me wondering now.
dogwalker
21/6/2018
11:50
transfer of operatorship, matey.
dunderheed
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