They r in a 38% JV with Aker Energy at the Pecan oilfield in Ghana, where FID has been delayed due to the covid crisis. Pecan is Deepwater field & has about 450-550 mmbbls with Phased development & currently on hold, which is where Sangomar comes in, post-FID & first oil in 2023 for LukOil Upstream Senegal BV.
Cairn sells 40% share to Lukoil, page-114
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48.5¢ |
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Mkt cap ! $44.81M | |||
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