Cairn: On track for Q3 output start at key Indian fields

摘要

London—UK-based Cairn Energy March 31 reported a $367 million net profit for 2008, in line with expectations, and said it remains on track to start production from its key Indian oil fields during the third quarter.Despite recent reports in the Indian press, Cairn said the Mangala field in Rajasthan is expected to start producing from the first processing train with a capacity of 30,000 b/d in the third quarter, with pipeline commissioning before the end of the year.