Muhammad Faisal Shaikh
Create an exploration led and
Sustainable cash generative oil and gas business
Offering shareholders exposure to material
Capital growth potential. By constructing
a balanced portfolio of growth opportunities,
Whilst retaining a strong balance sheet, we
Are well placed to repeat the cycle of creating,
adding and realizing shareholder value.
Acquisition of Nautical Petroleum
Nautical was an independent oil and gas exploration and production company. It had development assets in the United Kingdom North Sea (including interests in the Catcher, Kraken and Mariner fields) and exploration assets in the United Kingdom, Ireland and ...view middle of the document...
10 for 1 subdivision of the share capital of Cairn approved
20 years of Cairn Energy PLC
Cairn India listed on BSE and NSE
IPO of Cairn India Ltd on the Bombay Stock Exchange raises $1.98billion. Cairn Energy PLC retains a 69% holding. At the time, this was the largest IPO in Indian corporate history.
$1billion returned to shareholders post IPO of Cairn India
Acquisition of MedOil plc and Plectrum plc
The acquisition brings operatorship of three highly prospective blocks, the Joni-5 block offshore Albania, the Louza and Nabeul blocks offshore Tunisia and a number of less-mature assets.
Dyas BV acquires 10% interest in Capricorn
Farm out of 50% interest in Cairn's Bangladesh assets to Santos
Cairn Group signs $1bn syndicated revolving credit facility, primarily to fund the Rajasthan development
Cairn signs Production Sharing Contracts (PSCs) for 100% interest in five exploration blocks in Nepal
Cairn disposes of its interests in the Dutch sector of the North Sea through the sale of its subsidiary Holland Sea Search B.V. to Dyas B.V
Cairn acquires Shell's 37.5% stake in the Sangu gas field and assumes operatorship. A 45% operated interest in Exploration Blocks 5 and 10 in Bangladesh also acquired
Cairn acquires Shell's remaining 50% working interest in the Rajasthan block RJ-ON-90/1 and...