Cairn Energy to start drilling offshore Mexico in third quarter

Cairn Energy PLC of Edinburgh said it plans to start drilling offshore Mexico in this year’s third quarter on Block 9, where it holds 50% interest and is the operator.

Simon Thomson, Cairn chief executive officer, noted that recent acreage additions make him optimistic about high potential exploration prospects.

Cairn also has two non-operated wells on Block 7 where it holds 30% interest and where Eni SPA is the operator. Cairn also holds 15% interest in Block 10.