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Cairn Half Yearly highlights, page-67

  1. 13,445 Posts.
    lightbulb Created with Sketch. 4577
    "Comments: 2C oil in place 2.7 billion barrells ... has to be 40-50% recoverable these days surely!"

    Nice reading isn't H , even 30% gives us 810 Mmbls which is a very large field in itself, untill interference testing is done and appraisal complete expect conservative numbers from CNE and its the way it should be IMO.

    Otherwise nothing we didn't know already, planning is going ahead as one would expect and in a low cost environment

    I wonder when FAR's statement on commerciality will be released, they probably wanted to let the operator have their general update first..

    Cheers Whisky
 
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