Scottish oil company Cairn Energy has secured interests in two licences in the Gulf of Mexico.

Cairn, based in Edinburgh, said it had bought into a highly prolific, proven hydrocarbon province that was significantly under-explored.

It bought shares in assets in the Sureste basin in shallow water during the Mexican offshore licensing round.

Cairn has acquired the operatorship and 65% of block 9, and is partnered with Citla on 35%.

And Cairn has taken on 30% of block 7, Italian firm Eni has 45% and Citla has 25%.

The contracts are scheduled to be signed later this year with the Government of Mexico.

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