Wednesday, 20 May 2009, 6 p.m., Edinburgh
Oil Deserts, and Ice: A Focus on Challenges and Potential Rewards in India and Greenland
Mike Watts, Deputy Chief Executive and New Business Director, Cairn Energy
Sponsorship is provided by Wood Mackenzie.
This event occurred on: Wednesday, 20 May 2009, 6 p.m.
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Cairn?s success with exploration and production of hydrocarbons in South Asia has been the cornerstone of its growth over the last fifteen years. Recently Cairn has gone on to build a portfolio of assets, including a material acreage position in Greenland, a country recognised as possessing significant exploration potential. It has also recently qualified for the second petroleum licencing round in Iraq.
Dr Mike Watts holds a First Class Hons degree and a PhD in Geology. He joined Shell in 1980, Burmah in 1985 and Premier in 1986. In 1991 he was appointed Managing Director of the Amsterdam listed Holland Sea Search, becoming CEO in 1993. At this time he also carried out new ventures in India, Yemen and Vietnam for Command Petroleum and SOCO International, who were major investors in HSS. In 1996, HSS was acquired by Cairn and Mike was appointed Exploration & New Business Director of Cairn in 1997. He has been closely associated with numerous oil and gas discoveries (in the North Sea, Pakistan, Myanmar, Thailand, Bangladesh and India), the south Asian strategy at Holland Sea Search/Command/Cairn, the acquisition of Command by Cairn, the Bangladesh and Rajasthan transactions with Shell and the emergence of Cairn as the pre-eminent foreign-owned oil and gas company in India and the major holder of frontier exploration acreage in Greenland.