Cairn completes Irish license farm-in ahead of first well

Cairn Energy has authorization from Ireland’s government to complete a license farm-in the offshore Porcupine basin.

Offshore staff

DUBLIN, IrelandCairn Energy has authorization from Ireland’s government to complete a license farm-in the offshore Porcupine basin.

Following approval by the Minister of Communications, Climate Action and Environment,Providence Resources will continue to operate frontier exploration license 2/14 with a 56% interest.

Capricorn will hold a 30% stake and Sosina the remaining 14%.

The Druid and Drombeg 53/6-A exploration well is due to spud in late June.

06/05/2017

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