Published 20 March 2012. CAIRN ENERGY PLC Significant light oil discovery at the Skarfjell Prospect Abandonment of Cladhan South exploration well The enclosed announcements were issued today by Agora Oil & Gas AS ("Agora"). This is Cairn's first major deal after selling out majority stake in its Indian unit to London-listed mining group Vedanta Resources, and follows its strategy of reducing exposure to exploration in Greenland where most of its assets are located. Cairn Energy buys Norwegian oil company Agora. Agora Oil & Gas is now a subsidiary of Cairn Energy, aquired by Cairn in 2012. Read more about Cairn Energy acquires Agora Oil and Gas on Business Standard. Cairn Energy buys Norwegian oil company Agora. NEW DELHI: Edinburgh-based Cairn Energy Plc today said it will acquire Norwegian oil firm Agora Oil & Gas for $ 450 million. The transaction is subject to consent from the relevant regulatory authorities in the UK and Norway. Cairn Energy Plc will buy Norway's Agora Oil & Gas for around $450m in a deal that expands the British oil and gas explorer's fields in the North Sea. Cairn Energy prepares to exit India. Previously, the same team built Revus Energy ASA from an initial value of US$170m in 2005 to its $750m sale value in 2008. Barmer, Rajasthan, India. Agora was formed in October 2009 by experienced professionals from the Exploration and Production industry in Norway and the UK. The Agora team that will join Cairn has a proven ability to create and realise value through exploration, appraisal and development. Published 3 April 2012. CAIRN ENERGY PLC ("Cairn" or the "Company") Farm-down of P1763 Licence ("Aragon") The enclosed announcement has today been issued by Bridge Energy ASA (13.5%) with regard to the Aragon prospect in the UK North Sea in which Cairn, through its fully-owned subsidiary Agora Oil and Gas, now has a 30% interest (MPX North Sea Limited 22.5% (Operator), JX Nippon Exploration & Production (UK) … Edinburgh-based Cairn Energy Plc today said it has completed the acquisition of Agora Oil and Gas, a Norwegian company with oil and gas exploration assets in the UK and Norwegian North Sea. Published 3 April 2012. Shreya Agarwal Manager at Cairn Energy (Agora Oil & Gas) Kolkata, West Bengal, India 500+ connections Cairn Energy (Agora Oil & Gas) June 2016 – Present 3 years 5 months. The business held net working capital of $75m, giving a total consideration of $450m to be satisfied through a combination of approximately 43% cash and 57% Cairn shares. Edinburgh-based oil and gas explorer Cairn Energy today said it is to buy Norwegian exploration Agora Oil & Gas for about £280million. Scottish oil explorer Cairn Energy has announced the acquisition of Agora Oil & Gas, a private Norwegian company with non-operated, exploration, appraisal and development assets in the United Kingdom and Norwegian North Sea. Cairn Energy reports record profits. Cairn Energy PLC | 69 177 abonnés sur LinkedIn | Cairn Energy PLC is an independent, UK-based oil and gas exploration, development and production company | Cairn Energy PLC ('Cairn' ) is one of Europe's leading independent oil and gas exploration and production companies and is listed on the London Stock Exchange. On Tuesday 3 April 2012, Cairn Energy PLC announced the acquisition of Agora. Oil explorer Cairn Energy announces it is to buy Norwegian rival Agora Oil and Gas in a $450m cash and share deal. Cairn Energy prepares to exit India. Published 20 March 2012. 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