About us

Our business model

Cairn’s business model is to create, add and realise value for stakeholders through the exploration, development and production of oil and gas within a self-funding business model. The cash flow from production assets funds exploration, appraisal and development activity.

Exploration and Appraisal

4-8 years

Cairn creates value by identifying assets it can add value to through exploration activity including seismic surveying and drilling. If successful, exploration activity can create material value.

Identify

Exploration assets

We hold emerging acreage in Senegal, Mexico, Norway and entry option to Mauritania; frontier acreage in Suriname, Côte d’Ivoire and Republic of Ireland; and mature acreage in the UK and Norway.

Explore

Countries 8

Development

2-5 years

Cairn adds value by progressing discoveries through the appraisal and development stages or acquiring new assets at this stage in the oil and gas life cycle.

Appraise

Development assets

We hold interests in the SNE (Senegal) and Nova (Norway) development projects. Both were exploration assets which we have progressed into development planning.

Develop

Developments 2

Production

10-25 years

Cairn realises value by progressing development assets through to production and cash flow, and through asset sales. Proceeds are reinvested in the business to fund exploration and development activity or returned to shareholders.

Produce

Production assets

We hold non-operated interests in two production assets in the North Sea, Catcher and Kraken, which delivered first oil in 2017.

Return & reinvest

Boepd 17,533