Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

Cairn India----are they into oil exploration only inland ----not off shore?

Asked by Good Citizen, 21 Jan '10 12:40 pm
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (1)

 
1.

Cairn India has a Scottish heritage. The year was 1979 when Sir Bill Gammell, our chairman, founded Castle Cairn Financial Services. By 1986, the majority of its work was in the expanding gas and oil industry and a new company was formed Cairn Energy Management.

The company was acquired by Caledonian Offshore Limited in 1988 and was renamed Cairn Energy PLC, just prior to its flotation on the London Stock Exchange. Bill Gammell became its first Chief Executive and has held this position for nearly two decades, overseeing the organisation's transformation to one of the largest independent exploration and production companies in Europe. In the 2006 New Year's honours list, he was awarded a knighthood for services to industry in Scotland.

As the Indian oil and gas market deregulated in the early 1990s. Cairn turned its focus to South Asia, acquiring Command Petroleum Ltd in 1996, an Australian-quoted company with interests in India. Ravva in Eastern India was the FIRST OFFSHORE oil ...more
Answered by MajorVLoganathan, 21 Jan '10 12:53 pm

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining

Related Answer

Q.
A

Buy i have 100000 shares of this company. By the end of 2011, the stock will be trading around 25/-...more