Greenland find: Cairn has encounterd hydrocarbons in the first well to be drilled in the Arctic territory in a decade
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By Staff & news wires
24 August 2010 07:30 GMT
UK explorer Cairn Energy said it had struck gas in Greenland with the first well to be drilled in the Arctic territory in a decade.
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Privately held US player Samson Energy plans to sell off its deep-water oil and gas business, a portfolio that includes stakes in a number of high-profile Gulf of Mexico discoveries and prospects.
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