A Scottish energy company focused on reserves offshore Africa said it’s assessing data from a reservoir estimated to hold more than 2 billion barrels of oil. Cairn Energy, which has headquarters in Edinburgh, said it’s reviewing the results from its fifth appraisal well at the SNE basin off the coast of Senegal. “The results will help narrow the range of SNE field volumes and also allow the joint venture time to fully integrate the results of SNE-5 prior to moving to appraisal well SNE-6,” the company explained in a statement . Cairn leads a joint venture that counts Australian and Senegalese companies as partners. In late February, minority partner FAR Ltd. announced the completion of SNE-5 ahead of schedule. Last year, FAR said […]