May 19, 2017 / 6:59 AM / 5 months ago

BRIEF-Cairn Energy says in UK north sea Catcher, Kraken developments on schedule to target first oil this year

May 19 (Reuters) - Cairn Energy Plc

* In UK north sea, both Catcher and Kraken Developments remain significantly below original budgets and are on schedule to target first oil this year

* Together they will deliver around 25,000 barrels of oil a day on plateau net to cairn, generating significant cash flows for reinvestment Source text for Eikon: Further company coverage:

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