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  • Cairn India Q3 profit tanks 98.7% on EBITDA, forex impact

    Revenue declined 9 percent sequentially to Rs 2,039.5 crore from Rs 2,242.1 crore, primarily due to a 13 percent fall in crude oil prices and increase in discount to Brent for Rajasthan crude to USD 9.2 a barrel.

  • Cairn starts work to ramp up ouput from oil field

    The Mangala polymer flood enhanced oil recovery (EOR) programme has a capex of about USD 600 million. About 100 additional wells have been planned for the project.

  • Cairn India to pump $3bn over 3 years to tap Raj oilfields

    Cairn will raise crude oil production from Rajasthan fields by as much as 23 per cent to 215,000 barrels per day by March 2014.

  • Cairn likely to produce 2.4 lakh/bpd output in FY14

    The Vedanata Group company, Cairn India has sought government's approval to increase production from its prolific Rajasthan block by 20 percent to 200,000 barrels a day, from 175,000 barrels a day currently in mid March, reports CNBC-TV18's Nayantara Rai quoting sources.

  • Cairn looking at dip in output?

    There seem to be some hiccups in Cairn‘s production plans in Rajasthan, according to sources. The company is believed to be preparing for a worst case scenario of an early decline of output of the Mangla field, and has apparently started updating analysts of a possible hit in production.

  • Cairn India ups Mangala reservoir estimate by 36%: Sources

    Cairn India has hiked Mangala reservoir estimate by 36%, reports, CNBC-TV18's Nayantara Rai quoting sources.

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