The sale of Capricorn Norge to Solveig (now Sval Energi) was completed late Feb '20 and retro-effective 1 Jan '20. 15 licences (3 operated) are involved in the move, plus 3 operated under the APA 2019 round awarded this month.
Cairn has agreed with Solveig Gas to sell the latter its Norwegian subsidiary Capricorn Norge AS for US$100 MM.