Cairn announces the sale of a 10% interest in the Nova devt project to ONE-Dyas for USD 59.5 MM. Cairn will retain a 10% stake in the project, which was submitted and approved in mid-2018 by the NPD, first oil in 2021. Subject to usual approvals the deal will be retro-effective 1 Jan â19.   Nova spans PL 4128 / 418B (Wintershall DEA (op), Spirit, Edison, Cairn, now ONE-Dyas) and PL 378 (Wintershall DEA (op), Cairn, now ONE-Dyas).
Cairn announces the sale of a 10% interest in the Nova devt project to ONE-Dyas for US$ 59,5 MM. Cairn will retain a 10% stake in the project, Nova spans PL 4128 / 418B (Wintershall DEA (op), Spirit, Edison, Cairn, now ONE-Dyas) and PL 378 (Wintershall DEA (op), Cairn, now ONE-Dyas).