2011 Cairn India Limited Corporate Presentation June 2012
3 Corporate Profile IPO Dec 2006; listed on BSE & NSE in Jan 2007 Others MF Retails Part of NIFTY index, DJIT30 & MSCI FII 2.6% 10.1% 4.9% FII 1.3% 21.8% 6.4% 8.6% 2.0% Amongst Indias top 20 companies; Market Cap US12 bn…
4 Overview Amongst top 20 global independent E&P company Leading Operates 20% of Indias domestic crude oil production Fastest growing energy company in E&P Player Over 1 billion barrels reserves / resources base Asia, 2011 Platts…
5 World Class Asset Base 10 blocks in the Portfolio Production Blocks Exploration Potential Rajasthan (RJ-ON-90/1) Rajasthan Cairn (Operator) 70% RJ-ON-90/1 WI 70% 10.1% ONGC 30% East 21.8% Coast 6.4% KG-DWN-98/2 WI 10%…
6 Performance Highlights Operations Mangala field ramped up to 150,000 bopd post GoI approval Bhagyam field commenced production; currently producing 25,000 bopd, target to reach its currently approved plateau rate of 40,000…
8 Low Cost Operator Other Costs (US/boe) Field Direct Opex (US/boe) 12 11 11 11 10 9 9 9 9 8 3 3 2 2 2 Q4 Q1 Q2 Q3 Q4 FY 2010-11 FY 2011-12 Low Cost Operator with field direct operating cost at USD 2.2 / boe for…
9 Reserve and Resource Update 31-Mar-11 31-Mar-12 Company achieved a reserve and resource replacement ratio of 175% during the year; gross addition in excess of production 50 +11% mmboe RJ Basin Potential Rajasthan Block…
10 Rajasthan Resource and Value Potential Resource Future Development & Prospective Under Development Total % inc from Resource previous Potential (mmboe) Gross 11% MBARS 2,168 BH + 19 Disc. 2,010 EXPLORATION 3,100 7,278 In…
11 Rajasthan - Production and Crude Offtake Produced and sold 85 mmbbls of crude to Indian refiners; generated gross revenues in excess of US 7.5 billion to date Sales arrangements renewed with buyers for volumes in 10.1% excess…
12 Cash Position and Capex Plan Gross Cash (US m) Debt (US m) Rajasthan Block Capex Gross Net Exploration (till FY 0.63 0.56 2011-12) 1,249 1,789 Development 583 Till FY 201112 3.4 2.4 FY 2012-13 E* 1.00 -1.25 0.70 -…
13 Exploration - Portfolio Current Exploration Portfolio Mix of producing, emerging, immature and Basin Type frontier acreages Significant portfolio growth since IPO Proven Producing Net unrisked prospective resource at…
14 Exploration - Programme Major long term player Play based approach to building portfolio Large proprietary database Diversity of basin, plays and environments Experienced team Ongoing regional petroleum system studies…
15 Frontier Deep water Exploration Sri Lanka A BARRACUDA DORADO A W E A A Eocene Cretaceous Successful Frontier deepwater Exploration Dorado-91H/1z: First well in SL after three decades; First deep water well in…
16 High Impact Exploration in the KG Onshore basin - East Coast of India N NAGAYALANKA-1Z NAGAYALANKA-SE-1 0 l 5 km Nagayalanka A A A NE SW Nagayalanka-1z Nagayalanka-SE-1 ( ( Raghavapuram Shale A LEGEND Oil…
17 Engaging with the Community Strategic Intent Proactive engagement with stakeholders Demonstrate leadership in corporate citizenship 10.1% Partnering with communities through our principles of respect, relationship and…
18 Summary Rajasthan Mangala field producing at 150,000 bopd post GoI approval in April 2012 Cumulative production from four fields at 175,000 bopd Delivery to domestic refiners through worlds longest continuously heated and…
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