Cairn India misses SL trifecta

25 Jan 2012 - {{hitsCtrl.values.hits}}

Cairn India has completed drilling the third of three deep-water exploration wells off Sri Lanka but, unlike the initial wells, the final probe was a dry hole.

The company has reported previously that the initial wells in Block SL-2007-01-001 - Dorado and Barracuda - were gas and condensate discoveries.

In its latest quarterly, Cairn India said the third probe - Dorado North - was plugged and abandoned as a dry hole on December 14, 2011.

"Cairn Lanka’s successful drilling programme - the first in Sri Lanka in 30 years – has established a working petroleum system in the frontier Mannar basin," said the operator. "Following this success, Cairn Lanka has notified the government of Sri Lanka of its intention to enter the second phase of exploration."

"The support of the government of Sri Lanka and an effective partnership with the relevant authorities in Sri Lanka were instrumental in ensuring the successful completion of the first phase exploration programme." (Source: upstreamonline)

Breaking News

Cairn India misses SL trifecta

Most Popular Articles

Breaking Down the Israel–Iran Conflict: What We Know So Far - Day 100

NIC mandatory for 2026 G.C.E. (O/L) exam applications: Examinations Department

2026 FIFA World Cup Schedule in Sri Lankan Standard Time

Mother wins three-decade legal battle over property against son

Major food supplier fined for selling expired products

‘Jean Aunty’ chased away from Suresh Sallay’s protest at Fort

Latest News

Elon Musk Becomes the World’s First Trillionaire. What Does $1 Trillion Mean in Sri Lankan Rupees?

CSE surges as peace deal optimism sparks broad-based rally

Empty seats at World Cup match renews concerns over ticket prices

Online Safety Bill to be repealed this month

Facebook and Instagram down for millions as users report issues