In 2017 we extended our reach along the Atlantic Margin by securing acreage in Mexico. Since then we have actively expanded our position in-country, and have working interests in four blocks in the Gulf of Mexico, two as operator (Blocks 9 and 15) and two as non-operator (Blocks 7 and 10).
Cairn completed its 2020 drilling programme in Mexico in Q1 with an oil discovery on the non-operated Saasken-1 exploration well in Block 10. The JV is working to appraise the discovery and to exploit nearby synergies in order to assess the potential for commercial development.
The JV also plans a second exploration well on the Block 10 licence in H1 2021.
For the key information on our Mexico operations in Spanish, please see below: