Cairn Energy PLC of Edinburgh said it plans to start drilling offshore Mexico in this year’s third quarter on Block 9, where it holds 50% interest and is the operator. CAIRN ENERGY PLC ('Cairn') Oil discovery offshore Mexico. The exploration target of the well was to prove hydrocarbons in the Lower Miocene. Offshore staff. Our story. Investment case. The oil company in January said it would drill three wells offshore Mexico as this year, two as the operator. In Mexico, drilling is ongoing on Cairn’s operated Bitol-1 well (50% WI5) in Block 9 and on the ENI operated Saasken-1 exploration well (Cairn 15% WI5) in Block 10 in the Sureste Basin. Offshore staff. Earlier this year the company opened an office in Mexico City and established a local team to work on programs for the first two exploration wells on block 9, which the company operates, and an initial well on block 7, where Eni is the operator. by Allister Thomas. Cairn Energy says Mexico well abandoned . EDINBURGH, UK – Cairn Energy’s second operated well offshore Mexico was a dry hole, the company revealed in its latest operational review.. The news came as the company reported its second dry well in a fortnight as its drilling programme in Mexico got off to a disappointing start. CAIRN ENERGY PLC ("Cairn") Mexico Drilling Update . Disappointment for Eni and Cairn off Mexico. Scottish oil company Cairn Energy has secured interests in two licences in the Gulf of Mexico. Board. In Mexico, drilling is ongoing on Cairn’s operated Bitol-1 well (50% WI5) in Block 9 and on the ENI operated Saasken-1 exploration well (Cairn 15% WI5) in Block 10 in the Sureste Basin. Operations are ongoing at the Cairn (50% WI)* operated Bitol-1 well in Block 9. Cairn Energy has provided an update on its operations in the North Sea, West Africa and Latin America. Shares in Cairn Energy PLC were off 4.6% at 184.4p in early deals after a well drilled off the coast of Mexico came up dry.. Israel. Cairn Energy has a primary listing on the London Stock Exchange and is a constituent of the FTSE 250 Index. Date Subject Author Discuss; 06/8/2020 07:34: I think that is what has always been supposed, i.e. Chat Pages: 636 635 634 633 632 631 630 629 628 627 626 625 Older. Operations. Cairn Energy Share Discussion Threads. The exploration target of the Alom-1 well on Block 9 was to prove hydrocarbons in stacked Pleistocene targets. Cairn Energy PLC has announced that the ENI operated Ehecatl-1 exploration well, offshore Mexico, was unsuccessful. Offshore staff. Analysts / InvestorsDavid Nisbet, Corporate AffairsTel: 0131 475 3000, MediaLinda Bain, Corporate AffairsCairn Energy PLCTel: 0131 475 3000, Patrick Handley, David LitterickBrunswick Group LLPTel: 0207 404 5959. Saasken-1 NFW well, which has led to the discovery, is the sixth consecutive successful well drilled by Eni offshore Mexico in the Sureste Basin. Showing 15651 to 15673 of 15900 messages. +39 02 52031875 – +39 06 59822030 Freephone for shareholders (from Italy): 800 940924 Freephone for shareholders (from abroad): +800 11223456Switchboard: +39 06 59821, ufficio.stampa@eni.comsegreteriasocietaria.azionisti@eni.cominvestor.relations@eni.com, Ethics, anti-bribery and corruption, and transparency, Climate change policy and energy transition, Resource use, emissions, discharges, waste and sound. If Mexico proves to be a complete dud I'd be surprised if we see any significant drop in the SP, it's just a gamble and the market knows it. CAIRN ENERGY PLC ("Cairn") Mexico Drilling Update Cairn has completed the first well in its drilling programme offshore Mexico. 05/05/2020 . Financial highlights. EDINBURGH, UK – Cairn Energy expects to drill four wells during 2019-2020 on its licenses offshore Mexico.. Italy’s Eni and Scottish firm Cairn Energy have reported disappointment offshore Mexico after an exploration well came up dry. 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