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Cairn India's lofty ambitions: Can it really deliver?
Jul 17:
Cairn Energy plans to raise its production to 500kboepd (from ~180kboepd currently)
8It also wants to boost its reserves to more than 3bnboe.
8New output will provide a ROE of 20% at a crude price of $ 40.bbl, the company claims
8However at this moment, production is on the decline even as the company faces the prospect of a fight with the government in getting the right terms for a fresh lease for its main Barmer field in Rajasthan
8Is Cairn promising more than it can deliver?
Click on Reports for more
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8It also wants to boost its reserves to more than 3bnboe.
8New output will provide a ROE of 20% at a crude price of $ 40.bbl, the company claims
8However at this moment, production is on the decline even as the company faces the prospect of a fight with the government in getting the right terms for a fresh lease for its main Barmer field in Rajasthan
8Is Cairn promising more than it can deliver?
Click on Reports for more
