Cairn Energy, a UK-based exploration and production company, has reported that booked entitlement reserves increased 41% from 170 million barrels of oil in the first half of 2007 to 240 million barrels of oil in the first half of 2008.

SIR Bill Gammell's Cairn Energy is looking for clearance to use enhanced oil recovery techniques that could allow an extra 300 million oil barrels to be pumped from its Rajasthan oilfields.

By Hamish Rutherford City Correspondent "You could almost argue that any delays have helped them" THIRTEEN years after an obscure Edinburgh oil and gas explorer bought up a host of exploration assets that no-one else wanted, Cairn has started the final step towards extracting its massive Indian bonanza.

By DOUGLAS HAMILTON CAIRN Energy, the Edinburgh-based oil exploration company, said yesterday that it would consider investing in projects that make money when oil is Dollar60 per barrel or higher, echoing a growing readiness among oil companies to invest in risky highcost projects.

THE Indian arm of Edinburgh-based oil and gas explorer Cairn Energy has received another major government approval to deliver crude oil. The company, headed by former Scottish rugby international Sir Bill Gammell, has been told by the Indian government it can deliver to Salaya in western India.