Cairn Energy PLC Report on Payments to Govts (6025R)

TIDMCNE

RNS Number : 6025R

Cairn Energy PLC

15 June 2018

15 June 2018

CAIRN ENERGY PLC ("Cairn" or "the Company")

Report on payments to governments for the year ended 31 December 2017

Cairn has prepared the following report in respect of payments made to governments during the year ended 31 December 2017. The information provided in this report is in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) and DTR 4.3A of the Financial Conduct Authority's Disclosure and Transparency Rules.

The payments disclosed in accordance with the regulations are payments made or received from national governments on a cash basis, and are shown based on where the obligation for the payment arose - i.e. at a project or corporate level.

This report is available to download from our website: http://www.cairnenergy.com

Disclosure by licence and country

 
                            Produc-tion       Produc-tion      Taxes     Royalties   Dividends    Bonus     Licence   Infras-tructure 
                            entitle-ments    entitle-ments*                                      payments     fees     improve-ments 
                              bbls'000          USD'000       USD'000     USD'000     USD'000    USD'000    USD'000       USD'000 
 CNH-R02-L01-A9.CS-2017                 -                 -          -           -           -      8,000       275                 - 
 Corporate                              -                 -          -           -           -          -       100                 - 
 Total, Mexico                          -                 -          -           -           -      8,000       375                 - 
 LO 16/18                               -                 -          -           -           -          -        52                 - 
 LO 16/19                               -                 -          -           -           -          -        32                 - 
 Corporate                              -                 -          -           -           -          -        19                 - 
 Total, Ireland                         -                 -          -           -           -          -       103                 - 
 P1430 (Blocks                          -                 -          -           -           -          -       130                 - 
  28/9a, 28/10c) 
 P2184 (Blocks                          -                 -          -           -           -          -         7                 - 
  22/18c, 22/19d) 
 P2312 (Blocks                          -                 -          -           -           -          -         4                 - 
  3/16a, 3/17a) 
 Corporate                              -                 -          -           -           -          -         7                 - 
 Total, UK                              -                 -          -           -           -          -       148                 - 
 PL159C (Block                          -                 -          -           -           -          -       100                 - 
  6507/3) 
 PL226 (Blocks                          -                 -          -           -           -          -       241                 - 
  722/1, 2 &3) 
 PL248C (Blocks                         -                 -          -           -           -          -       546                 - 
  35/11 two parts) 
 PL378 (Blocks                          -                 -          -           -           -          -        52                 - 
  35/12 two parts) 
 PL418 (Blocks                          -                 -          -           -           -          -       172                 - 
  35/8, 35/9) 
 Corporate                              -                 -          -           -           -          -        60                 - 
 Corporate                              -                 -   (30,225)           -           -          -         -                 - 
 Total, Norway                          -                 -   (30,225)           -           -          -     1,171                 - 
 Sangomar-Rufisque                      -                 -          -           -           -          -       107                 - 
 Total, Senegal                         -                 -          -           -           -          -       107                 - 
 

Disclosure by Government

 
                         Produc-tion       Produc-tion      Taxes     Royalties   Dividends    Bonus     Licence   Infras-tructure 
                         entitle-ments    entitle-ments*                                      payments     fees     improve-ments 
                           bbls'000          USD'000       USD'000     USD'000     USD'000    USD'000    USD'000       USD'000 
 Fondo Mexicano                      -                 -          -           -           -      8,000         -                 - 
  del Petroleo 
 Comisión                       -                 -          -           -           -          -       275                 - 
 Nacional de 
 Hidrocarburos 
 Servivicio de                       -                 -          -           -           -          -       100                 - 
  Administración 
  Tributaria 
 Total, Mexico                       -                 -          -           -           -      8,000       375                 - 
 Department of                       -                 -          -           -           -          -       103                 - 
  Communications, 
  Energy and Natural 
  Resources 
 Total, Ireland                      -                 -          -           -           -          -       103                 - 
 Department of                       -                 -          -           -           -          -       148                 - 
  Energy and Climate 
  Change 
 Total, UK                           -                 -          -           -           -          -       148                 - 
 Oljedirektoratet                    -                 -          -           -           -          -     1,171                 - 
 Skatteetaten                        -                 -   (30,225)           -           -          -         -                 - 
 Total, Norway                       -                 -   (30,225)           -           -          -     1,171                 - 
 Société                   -                 -          -           -           -          -       107                 - 
  des pétroles 
  du 
  Sénégal 
 Total, Senegal                      -                 -          -           -           -          -       107                 - 
 

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June 15, 2018 10:06 ET (14:06 GMT)