LONDON (AFX) – Cairn Energy PLC said it has signed a heads of agreement with Oil & Natural Gas Corp Ltd for the farm-out of certain assets to ONGC, the farm-in of two exploration blocks from ONGC, and the formation of a strategic alliance. The proposed transaction is subject to, inter alia, finalisation of mutually…
INDIA: Cairn Energy signs heads of agreement with Oil & Natural Gas
Posted on October 9, 2003 by EnergyAsia