Cairn's operational update

Some alluring tidbits:

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Simon Thomson, Chief Executive, Cairn Energy PLC said: ​

“Our focus in 2015 is on delivering a multi well appraisal and exploration programme in Senegal, following our success in opening up this new Atlantic Margin basin last year. ​

The large acreage position in Senegal offers material near term growth potential with numerous follow on prospects identified, and the Joint Venture is well positioned to benefit from the current reduction in industry costs.​

Cairn is fully funded to deliver its exploration and appraisal programme, along with the Kraken and Catcher developments which are on track for first oil in 2017. ​

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Anyone know what this means?

• Capital Markets day on Senegal planned for H1 2015

http://www.cairnenergy.com/index.asp?pageid=27&newsid=466