Cairn’s Shares Hit Record High As It Clocks Third Oil Strike In Rajasthan Date: Saturday, April 24 @ 18:55:30 PDT Topic: Production; Extraction; Exploration
Assuming a purely structural trap, the find could hold as much as 400 million barrels of oil in place. Even with a conservative 15 per cent recovery rate, that’s a healthy 60 million barrels to add to Cairn’s tally in northern Rajasthan
