Cairn Committed to Greenland, Despite Multiple Disappointments

摘要

Cairn Energy's vision of opening up a new oil frontier in the remote, icy waters off Arctic Greenland-as it did in India's Rajasthan desert-may take a little more time and effort. The UK independent said Wednesday it has completed the first phase of its polar drilling program, but wells drilled this summer and last year off the west coast of Greenland failed to strike commercial volumes of oil or gas (OD Sep.14'11).