Friday, October 18, 2013
Cairn Energy expects to commence its multi-year, multi-well frontier exploration campaign shortly with the first in a series of wells along the Atlantic Margin, operating offshore Morocco. The planned operated exploration and appraisal and potential high impact drilling program will target around four billion boe of mean un-risked gross prospective resource within a total ‘Yet to Find’ potential in excess of 10 billion boe.
The company’s frontier exploration program remains focused on the Atlantic Margin, including Morocco, Senegal, and Mauritania with a series of high-impact exploration opportunities in the region over the next year. A number of potential follow up exploration prospects have also been mapped.