Licence PL378: Wintershall DEA (Operator) 76%,
Cairn 12%, ONE-Dyas 12%
The share sale happened during the pendency of the challenge
Cairn had mounted against the retrospective tax demand with a three-member arbitration tribunal.
Cairn Energy had in 2011 sold
Cairn India to Vedanta.
RPA is also on location to enroll employees and continually provide onsite financial and retirement planning and education to
Cairn University employees.
"I am delighted Ian Tyler has agreed to become our new chairman given his extensive listed company and nonexecutive experience." Tyler said: "is is an exciting and challenging time for
Cairn and I look forward to working with Simon, his management team and the board as we continue to seek to create and deliver material value for shareholders." | | Name: Ian Tyler Previous title: non-executive director,
Cairn Energy Plc New title: chairman,
Cairn Energy Plc In the spotlight
On-market sales of an aggregate 11.5% shareholding in
Cairn India Limited (CIL) for a net cash consideration of US$1.3 bn.
On 29 June 2012,
Cairn Energy entered into an agreement with Citi for the offload of 66.76m shares, or a 3.5% stake, in
Cairn India, which resulted in a reduction of its interest in the companyA to someA 18.3%.
The new conditions agreed by an Indian cabinet committee include the sharing of royalty payments with
Cairn India's partner, Oil and Natural Gas Corporation (NSI:ONGC).
Cairn India has to pay a royalty to the Rajasthan government on oil it produces in the state.
In this paper we study the
cairn field of Viirikallio, Laihia (Finland) as a complex site infused with ideology of the society that built them.
Cairns, of Cheviot Court, owned up to all three charges at Airdrie Sheriff Court and returned for sentencing last week following the completion of reports examining her background.