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Cairn's operational update, page-25

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    • Post well analysis of the SNE-1 and FAN-1 discoveries is proceeding in line with expectations; further details will be provided to the market in due course
    "In line with expectation” - Surely this is the big news in this update. This is code for “we are confident we have two major commercial wells” It has the feel of a highly workshopped statement to me
 
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