Cairn Energy and partner Eni strike oil off Mexican coast

  • Feb 17, 2020
  • Stock Market Wire

StockMarketWire.com - Oil and gas group Cairn Energy said it and Italian partner Eni had discovered oil at the Saasken prospect offshore Mexico.

Cairn currently had a 15% non-operating interest in the find.

The new discovery, made through the Saasken-1 well, could contain between 200m and 300m barrels of oil in place, Eni said, citing preliminary estimates.

At 9:51am: [LON:CNE] Cairn Energy PLC share price was +2.95p at 181.45p

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