Investors

  1. Home Investors

Cairn - Vedanta Deal

Cairn Energy PLC announces proposed part sale of shareholding in Cairn India Ltd to Vedanta Resources Plc.

Announcement

Conference Calls

Key Financial Highlights

As at 30 June 2010:

  • Revenue before exceptional items increased by 311% from $81 m to $333 m
  • Operating result before exceptional items increased from $15 m loss to $94 m profit
  • Group net cash at 30 June 2010 of $267 m (H1 2009: $631 m) and total facilities of $1,639 m (H1 2009: $899 m), of which $831 m (H1 2009: $850 m) has been drawn down