CAIRN INDIA Corporate Presentation D December b 2009
3 Cairn India Holding Structure IPO December 2006 Listed on BSE & NSE Part of NIFTY index Over 250,000 , Indian retail shareholders Market capitalisation p USD10bn Amongst g Indias top p 25 companies p by y…
4 Existing Operations Rajasthan (RJ-ON-90/1) Total 11 blocks Cairn (Operator) 70% 2 Production Blocks ONGC 30% Gross operated production 60,480 boepd (net to Cairn Cambay (CB/OS-2) 18,638 boepd) * Cairn (Operator) 40% (Ravva,…
5 Strategy For Sustained Growth Maximise Execute Maximise Identify recovery from Rajasthan Potential in new growth production base development Rajasthan opportunities Successful infill Commenced 3,000 km2 under Unrisked…
6 Transformational Growth Increase in production Gross: 200% Working Interest: 700% 200,000 boepd Gross 2009 2009 2011 (Pre-RJ) (Current) Working Interest 16,000 30,000 130,000 (boepd) Working Interest 80,000 boepd…
7 Rajasthan - Frontier to Producing Basin Frontier Exp. Exploration & Appraisal Development & Production 1995 - 2002 2003 - 2005 Mangala Mangala Processing Terminal Bhagyam Aishwariya Oil Gas Rajasthan…
8 Rajasthan - Integrated Evacuation Facilities Processing capacity: 205kbopd MPT and Well Pads Estimated MBA peak: 175kbopd M Mangala l 1 x 30 kbopd processing train: Under production Bhagyam 2 x 50 kbopd processing trains:…
9 Rajasthan Development Status Revised Mangala g FDP approved pp by y GoI; includes pipeline, processing capacity of 205 kbopd Production started from Mangala Field in August 2009 36 development wells drilled; 26…
10 Rajasthan - Pipeline World's longest heated and insulated pipeline Total Pipe Diameter 790 mm (32) 670 km with heating stations and storage terminals 30 heating stations with 1MW power High Density generators Polyethylene…
11 Rajasthan Crude - Marketing Schematic Map p C Cruded Offt Offtakers k - GOI nominated i t d PSUs PSU and d Bhatinda private refiners: Panipat Commercial terms and pricing negotiations for initial offtake concluded…
12 Rajasthan - Future Resource And Value Potential Focus on maximising value Unrisked Potential Unrisked through strategic prioritisation of Growth Prospective Basin Prospective activities Oil and Gas Resources In Place 3.7…
13 Rajasthan Resources - EOR Chemical EOR Polymer and ASP S h Schematic ti Increased reserves Better sweep efficiency 175,000 Initial targeted EOR Better displacement efficiency bopd p plateau production p p Potential to…
14 Rajasthan Resources - EOR Analogue Fields Daqing - ASP Pilot Performance Analogue Field Performance Incrremental Reccovery, % ASP pilots in two large oil fields in China ((Daqing q g and Shengli) g ) indicate incremental…
15 Rajasthan Resources - Barmer Hill & Small Fields Barmer Hill Potential STOIIP 400 mmbbls Low permeability reservoir Further F rther technical st studies dies underway; nder a core analysis ongoing, fracture stimulation…
Rajasthan First Oil Inauguration 16 Exploration Past and Future Growth Major Long Term Player Large proprietary database Experienced team Successful exploration over 10 years: Cairn Rajasthan Success ratio 40% Play Based…
17 Exploration - Sri Lanka Block (SL 2007-01-001) Contract effective 18th October 2008 India Cairn Lanka 100% Working Interest (NOC back-in back in 15%) Block Area: 3000 km2 Water depth: 400-1900m Extension of proven…
18 Exploration - Programme RJ-ONN-2003/1 GV-ONN-2003/1 1 to 3 wells Work program completed RJ-ON-90/1 2 exploration wells KG-ONN-2003/1 Up to 5 exploration wells 2010 INDIA RAVVA GS-OSN-2003/1 1 well, drilling in…
20 Low Cost Operator Production cost / Ravva & CB: USD/boe Other Costs Field Direct Opex 3.9 4.1 3.2 3.0 3.7 3.4 3.3 The Field Direct OPEX for 3.0 3.0 Ravva & C CB stood at USD S 2.9 2.4/bbl ** 3.7 3.4 3.1 30 3.0 3.2…
22 Rajasthan Funding Estimated Costs USD billion Financed By USD billion 2008 and 2009 Cash available 0.4 Gross 2.0 (1st Jan08) Upstream 1.2 Cash flow from operation in 2008 0.2 Pipeline 0.8 Preferential allotment 0.6 Net to…
23 Engaging with the Community Strategic Intent Proactive engagement with stakeholders Demonstrate leadership in corporate citizenship Partnering with communities through our principles of respect, relationship and…
24 Summary Rajasthan j Started production Mangala field dedicated to the Nation Delivered to PSU & Private refiners World class resource base focussed on delivery & growth Enhanced oil recovery potential Pipeline route allows…
25 Investor Relations Contact Anurag Mantri Group Financial Controller & GM - Investor Relations 3rd & 4th Floor, Vipul Plaza y Sector-54 Sun City, Gurgaon 122 002, India Email: anurag.mantricairnindia.com anurag…