- Cairn said it would plug the Chimera well after drilling showed the well was dry.

The well was drilled to a vertical depth of 1,830 metres below the sea surface and was terminated in the Lista Formation in the Paleocene. The well will now be permanently plugged and abandoned, the company said.

At 9:05am: [LON:CNE] Cairn Energy PLC share price was -2.4p at 199.2p

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