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Mar 12 2019, 09:10 GMT
Results for 2018 were mostly well flagged. The focus may be on the Indian tax dispute in the short term and the impact on the headline metrics, but the underlying model remains in place. A production platform in the North Sea provides a source of, or facilitates, funding to pursue its flagship Senegal/Norway investment and its new venture portfolio. While headlines will focus on India, oil price gyrations and appetite for risk in the market, Cairn Energy should ultimately steer its way through to value creation for shareholders.
Mar 12 2019, 09:10 GMT