Introduction
Cairn brought the Albanian interest into its portfolio when medOil plc was acquired in 2007.
Cairn holds 100% interest in Block Joni-5. Subject to relevant Government approvals, a 15% interest in this block is currently being transferred to Dyas BV.
Although Cairn maintains an interest in Albania, we conducted no seismic or drilling activity or other operations in the country during 2010.
