Summary
CAIRN Energy made a speedy return to City affections yesterday, after a fresh Indian gas discovery helped to restore confidence in the firm.
The Edinburgh oil explorer saw its shares jump by 4 per cent on the find - the highest climb on the FTSE 100. Analysts said the news could help to stabilise the group, cooling fears that it might fall out of the blue-chip index.See the full content of this document
Extract
New Find Boosts Cairn Shares
Chief executive Bill Gammell said the fresh discovery was "very positive", although he would no...
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