"Total cash expenditure for 2H 2015 was US$174m, principally comprising US$85m development expenditure and US$77m exploration and appraisal (E&A) expenditure including pre-award costs (US$50m E&A expenditure was in Senegal). A US$52m tax rebate in respect of previous Norwegian E&A activity was received in 2H 2015
Back behind the PC after a break. Bit of tunnel vision.
Thanks
Ropoh
Cairn Pre-Close Update 19 January, page-57
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