The projects are valued at approximately US$42 million and are scheduled to occur primarily during 2Q20.
The agreement with Colombia’s National Hydrocarbon Agency, the ANH, grants rights to reprocess existing data and acquire new 2D and 3D multi-client programmes offshore Colombia’s Caribbean coast.
The company is prioritising securing a partner to drill its flagship prospect in Ireland, the Inishkea prospect which lies on Frontier Exploration Licence 4/19 in the Slyne Basin.
Cairn Energy has provided an update on its operations in the North Sea, West Africa and Latin America.
The company has announced that the Luiperd-1 well in block 11B/12B offshore South Africa is due to spud in 2Q20.
Work will now begin on discharging the planning conditions and the detailed planning for the development works at the Wressle oilfield.