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Synopsis | Speaker | Arrangements | Booking | Other Events

"Building a Business In South Asia"

Dr. Mike Watts
Director Exploration, Cairn Energy PLC

4th November 2004, 6:00 p.m.
The Royal Scots Club
30 Abercromby Place
Edinburgh

Click here for Adobe PDF Meeting Summary.

Synopsis

Cairn Energy PLC is an independent, public oil and gas exploration and production company based in Edinburgh, Scotland and quoted on the London Stock Exchange. Cairn's strategy is to establish commercial reserves from strategic positions in high potential exploration plays in order to create and deliver shareholder value. In the implementation of this strategy, the Group focuses on material positions that are capable of providing significant growth through exploration. This focus has been further defined by concentrating on the geographic region of South Asia, where the Group holds material exploration and production positions in both west and east India and in Bangladesh. This focus on South Asia has already resulted in a number of oil and gas discoveries and still offers the prospect of significant further value creation. Dr. Watts' presentation will focus on Cairn's experience at building this growing business in South Asia.

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Speaker

Mike Watts holds a First Class Honours degree and a PhD in Geology from Cardiff University.  He has 25 years experience in the international oil and gas industry with Shell, Burmah, Premier, Holland Sea Search (HSS) and Cairn.  He has almost 20 years of experience in South Asia where he has been closely associated with major oil and gas discoveries in Pakistan, Myanmar, Bangladesh and India. 

Mike was the CEO of HSS, the Amsterdam listed public oil and gas company acquired by Cairn in 1995.  At HSS, Mike also acted as a new business advisor to Command Petroleum (a major shareholder in HSS) and SOCO International (a major shareholder in Command).

At Cairn Mike has been closely associated with the acquisition of Command, the Bangladesh & Rajasthan transactions with Shell, and the subsequent emergence of Cairn as the leading foreign oil company in South Asia.

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Arrangements

Members and guests are invited to convene and register between 17.30 and 18.00 in the Hepburn Suite for coffee/tea and biscuits.   This will be followed by Mike's presentation at 18:00.  An opportunity for informal discussion between members and guests will follow the presentation in the Cocktail Bar where a pay bar is available until commencement of the discussion dinner (Chatham House Rules) at about 20:00.

  • Cream of broccoli soup
  • Roast Loin of Pork with a piquant sauce
  • Dark Chocolate Gateau

Wines:

  • Santa Serena Chardonnay Sauvingon Blank (Chile)
  • Lambers Bay Grenache Syrah (France)

Cost:  £29 inclusive of wine and VAT. (If vegetarian meal required, please order at time of booking)

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Booking

Reply to: The Scottish Oil Club, 2 March Pines, Edinburgh EH4 3PF or by email to

All remittances to the above address.

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