Cairn Energy PLC

Published : August 01st, 2016

Report on payments to governments

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Report on payments to governments

FOR IMMEDIATE RELEASE

1 August 2016

CAIRN ENERGY PLC ('Cairn' or 'the Company')

Report on payments to governments for the year ended 31 December 2015

Cairn has prepared the following report in respect of payments made to governments during the year ended 31 December 2015. The information provided in this report is in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) and DTR 4.3A of the Financial Conduct Authority's Disclosure and Transparency Rules.

The payments disclosed in accordance with the regulations are payments made or received from national governments on a cash basis, and are shown based on where the obligation for the payment arose - i.e. at a project or corporate level.

This report is available to download from our website: http://cairnenergy.com/index.asp?pageid=504

Disclosure by licence and country

Produc-tion entitle-ments

Produc-tion entitle-ments*

Taxes

Royalties

Dividends

Bonus payments

Licence fees

Infras-tructure improve-ments

bbls'000

USD'000

USD'000

USD'000

USD'000

USD'000

USD'000

USD'000

2002/15 (Atammik)

-

-

-

-

-

-

27

-

2005/06 (Lady Franklin)

-

-

-

-

-

-

51

-

2008/11 (Eqqua)

-

-

-

-

-

-

63

-

2011/13 (Pitu)

-

-

-

-

-

-

64

-

Total, Greenland

-

-

-

-

-

-

205

-

FEL 2/04

-

-

-

-

-

-

23

-

FEL 1/14

-

-

-

-

-

-

45

-

Corporate

-

-

-

-

-

-

-

-

Total, Ireland

-

-

-

-

-

-

68

-

Area 3 (Block 1)

-

-

-

-

-

-

551

-

Total, Malta

-

-

-

-

-

-

551

-

P2149 (Block 9/6)

-

-

-

-

-

-

41

-

Total, UK

-

-

-

-

-

-

41

-

Corporate

-

-

(51,865)

-

-

-

98

-

Total, Norway

-

-

(51,865)

-

-

-

98

-

Foum Draa

-

-

263

-

-

-

-

-

Juby Maritime

-

-

70

-

-

-

-

-

Total, Morocco

-

-

333

-

-

-

-

-

Sangomar-Rufisque

-

-

-

-

-

-

107

-

Total, Senegal

-

-

-

-

-

-

107

-

Disclosure by Government

Produc-tion entitle-ments

Produc-tion entitle-ments*

Taxes

Royalties

Dividends

Bonus payments

Licence fees

Infras-tructure improve-ments

bbls'000

USD'000

USD'000

USD'000

USD'000

USD'000

USD'000

USD'000

Mineral Licence and Safety Authority

-

-

-

-

-

-

205

-

Total, Greenland

-

-

-

-

-

-

205

-

Department of Communications, Energy and Natural Resources

-

-

-

-

-

-

68

-

Total, Ireland

-

-

-

-

-

-

68

-

Ministry of Resources and Rural Affairs

-

-

-

-

-

-

551

-

Total, Malta

-

-

-

-

-

-

551

-

Department of Energy and Climate Change

-

-

-

-

-

-

41

-

Total, UK

-

-

-

-

-

-

41

-

Oljedirektoratet

-

-

-

-

-

-

98

-

Skatteetaten

-

-

(51,865)

-

-

-

-

-

Total, Norway

-

-

(51,865)

-

-

-

98

-

Le Receveur de L'Administration Fiscale

-

-

333

-

-

-

-

-

Total, Morocco

-

-

333

-

-

-

-

-

Societe Des Petroles Du Senegal

-

-

-

-

-

-

107

-

Total, Senegal

-

-

-

-

-

-

107

-

Read the rest of the article at www.publicnow.com
Data and Statistics for these countries : Greenland | Ireland | Malta | Morocco | Norway | Senegal | All
Gold and Silver Prices for these countries : Greenland | Ireland | Malta | Morocco | Norway | Senegal | All

Cairn Energy PLC

CODE : CNE.L
ISIN : GB00B74CDH82
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Cairn Energy is a producing company based in .

Cairn Energy is listed in Germany, in United Kingdom and in United States of America. Its market capitalisation is GBX 127.1 billions as of today (US$ 152.1 billions, € 133.2 billions).

Its stock quote reached its lowest recent point on February 11, 2000 at GBX 100.00, and its highest recent level on April 23, 2004 at GBX 994.75.

Cairn Energy has 583 235 781 shares outstanding.

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