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CNE Capricorn Energy Plc

168.40
0.00 (0.00%)
Last Updated: 08:38:44
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Capricorn Energy Plc LSE:CNE London Ordinary Share GB00BRJ7R218 ORD 735/143P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 168.40 165.20 167.60 164 08:38:44
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 228.9M -51M -0.5383 -3.13 159.55M

Cairn Energy Secures New Licenses in Mexico Bid Round

20/06/2017 7:44am

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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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