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Mike Watts, who found oil in Thar desert, to quit Cairn Energy

Screen Shot 2014-02-10 at 16.29.29Extract from an article published 10 April 2014 by ZeeNews.India.com

New Delhi: Dr Mike Watts, the man credited with discovering India’s largest onland oil field in Rajasthan, will step down from the board of Cairn Energy plc in mid-May.  He saw oil in the Thar desert when Royal Dutch Shell could not and bought out the supermajor in block RJ-ON-90-1 for USD 7.25 million.

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EXTRACT FROM A RELATED FT ARTICLE

Mike Watts to quit Cairn Energy as deputy chief executive

Mike Watts, who was credited as the geological brains behind Cairn Energy’s blockbuster drilling success in India, is to leave the oil and gas explorer – just weeks after founder Sir Bill Gammell said he would step down as chairman.

FULL FT ARTICLE

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