The Scotsman: Cairn to debate India sale
“In Bangladesh, we’ve recently taken over the operatorship of assets from Shell.”
JAMES DOW
Posted 22 August 04
CAIRN Energy could sell off its massive oil interests in west India and will debate its options once further tests in the area have been wrapped up, the company’s chairman has told The Scotsman.
Norman Murray said the Edinburgh explorer is keeping an “open mind” on the future of its Rajasthan operations in the west Indian subcontinent. He said a decision will be made once an ongoing assessment programme has revealed the true scale of the discovery and the operational demands it would place on the company.