BRIEF-Cairn Energy Announces Sale Of Interests In Catcher And Kraken Fields
March 9 (Reuters) - Cairn Energy PLC CNE.L :
* CAIRN ENERGY PLC - SALE OF INTERESTS IN CATCHER AND KRAKEN FIELDS
* CAIRN ENERGY PLC - DEAL FOR A CASH CONSIDERATION OF US$460 MILLION
* CAIRN ENERGY PLC - TO SELL ITS ENTIRE 20 PER CENT INTEREST IN CATCHER FIELD AND 29.5 PER CENT INTEREST IN KRAKEN FIELD
* CAIRN ENERGY PLC - SALE OF ITS INTERESTS IN UK CATCHER AND KRAKEN FIELDS TO WALDORF PRODUCTION LIMITED
* CAIRN ENERGY PLC - SALE FOR FIRM CONSIDERATION OF US$460 MILLION
* CAIRN ENERGY PLC - DEAL INCLUDES ADDITIONAL CONTINGENT CONSIDERATION DEPENDENT PRINCIPALLY ON OIL PRICES FROM 2021 TO END OF 2025
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