Share Name Share Symbol Market Type Share ISIN Share Description
Cairn Energy Plc 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
  -1.60p -0.80% 199.20p 198.80p 199.30p 202.80p 197.00p 200.40p 415,119 12:49:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 321.7 -992.7 -153.4 - 1,174

Cairn Energy Share Discussion Threads

Showing 14751 to 14773 of 15275 messages
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DateSubjectAuthorDiscuss
14/8/2018
14:19
down 5% Any reason, other than more sellers than buyers?
eipgam
14/8/2018
11:44
Drilling on Agar Plantain is currently scheduled to commence later this month using the Transocean Leader at a total estimated gross cost of US$15 million. Faroe joins Catalyst (25.0% and operator) and Cairn Energy plc (50.0%) in this sole-risk well, the results of which will be announced on completion of drilling operations. Faroe’s equity interest in this well is 25.0%, to be funded through existing cash resources, and through the same transaction will also become a 12.5% equity interest holder in the wider P1763 Licence (Apache 50.0% and operator, Cairn 25.0%, Catalyst 12.5%).
rogerlin
02/8/2018
07:55
I don't know I'm afraid but delay seems the norm for all this. What is of concern is that if the Vedanta shares are bought out then the Indian govt will likely seize the money, once they have it getting it back will be problematic. However I don't think the Vedanta cash offer can be settled until end of year?
rogerlin
01/8/2018
19:11
Rogerlin: Thanks. Does that mean it will be some further time before we get to know the result of the arbitration. In my naivity, I was kinda hoping we would hear in the first or second week of Sept.
eipgam
01/8/2018
15:15
Following the hearing the Arbitral Tribunal will issue a binding and internationally-enforceable award. The drafting and issuance of such an award typically takes several months. In this case, taking into account the delays already suffered by Cairn, the Tribunal has stated that it will endeavour to issue its award as expeditiously as possible.
rogerlin
01/8/2018
13:07
It's August... arbitration looms "All of the written submissions by Cairn and the Indian Government have now been made and the final arbitration hearings are scheduled for two weeks commencing on 20 August 2018 in The Hague."
eipgam
31/7/2018
08:31
https://uk.advfn.com/stock-market/london/vedanta-VED/share-news/Vedanta-Resources-PLC-RECOMMENDED-CASH-OFFER/77966142
rogerlin
17/7/2018
08:36
Thanks roger.
dunderheed
17/7/2018
08:31
In Côte d'Ivoire, Tullow's work programme across its new onshore blocks began in early April 2018 with a full tensor gravity gradiometry survey covering 8,600 sq km. This survey was completed in May 2018 and the data will be used to optimise the location of a 2D seismic survey planned for 2019. Tullow has recently signed a farm-down agreement for a 30% interest in all seven onshore licences (CI-301, CI-302, CI-518, CI-519, CI-520 CI-521 and CI-522) to Cairn Energy PLC, subject to obtaining the necessary Government approvals. This farm-down will leave Tullow with a 60% operated interest in each licence with the majority of the pre-drilling exploration costs carried. From Tullow's update of 28th June.
rogerlin
17/7/2018
08:18
Re IC, its relatively 'small' isn't it? I assume Cairn see some upside? I have absolutely every respect for Cairn but they have had 'exploration issues' in the past - is it starting to look a bit scatter gun? Me I'm holding for Mexico, this is the new 'Cairn Senegal' isn't it - simple as!!
dunderheed
17/7/2018
08:13
Tullow is also working towards growing output in West Africa in Ivory Coast, where it has farmed out its licenses to Cairn Energy retaining 60 percent, but with Cairn set to pay for most of the pre-drilling exploration costs. Can't say I remember any announcement about this.
rogerlin
10/7/2018
08:56
Citigroup UPGRADES to BUY.
aishah
09/7/2018
08:56
On the other hand perhaps India may not wish to extend its growing reputation as ....
dogwalker
09/7/2018
07:59
Hmmm, I thought it was always going to be hard to get a cheque out of the Indian gov't but at least we'd probably be able to sell the remaining shares, for some value or another, so this is negative. On the other hand one of my reasons for holding this company is that, win or lose, its going to be good for this share for the whole Indian tax thing to be in the past, which it will be before long.
jim digriz
09/7/2018
07:52
I wasn't aware that the tax authority had sold some of Cairn's VL stake but knew that they might be planning to. It does show a fairly serious intent not to cough up should the hearing go against them. It'll be interesting to see if there's a market reaction to the announcement - probably neutral?
frazboy
02/7/2018
08:26
https://uk.advfn.com/stock-market/london/vedanta-VED/share-news/Vedanta-Resources-PLC-Recommended-Possible-Offer-f/77779914
rogerlin
26/6/2018
12:09
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
11:33
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
08:31
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
08:28
Nice 6.4% up why
scoble2
26/6/2018
08:16
Nice little spike this morning?
dunderheed
25/6/2018
10:36
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
13:57
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
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