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Cairn Energy

Cairn Energy reported that the SNE-4 appraisal well offshore Senegal encountered a gross oil column of 328 ft. Drilled as part of an appraisal campaign over the SNE field, which was discovered in 2014, the well confirmed the correlation and presence of principal reservoir units between each of the wells across the entire field. The 32 °API oil recovered to the surface was similar to that seen elsewhere in the field, according to initial indications. Cairn, the operator, has a 40% interest in the well with the other interests held by ConocoPhillips (35%), FAR (15%), and Petrosen (10%).


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