3 Holding Structure IPO December 2006 Listed on BSE & NSE Part of NIFTY index Over 250,000 Indian retail shareholders Market capitalisation USD10bn Amongst Indias top 25 companies by market cap
4 Existing Operations Rajasthan (RJ-ON-90/1) Total 11 blocks Cairn (Operator) 70% 2 Production Blocks ONGC 30% Gross operated production 66,843 boepd (net to Cairn Cambay (CB/OS-2) 24,599 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 Rajasthan - Frontier to Producing Basin Frontier Exp. Exploration & Appraisal Development & Production 1995 - 2002 2003 - 2005 Mangala Mangala Processing Terminal Bhagyam Aishwariya Oil Gas Rajasthan…
7 Rajasthan - Integrated Evacuation Facilities MPT and Well Pads Mangala 1 x 30 kbopd processing train: Under production Bhagyam 2 x 50 kbopd processing trains: Q2 CY 2010 Aishwariya 1 x 75 kbopd train, scope for further…
8 Rajasthan Development Status Production started from Mangala Field in August 2009, via Train 1 processing facilities Delivered 10 crude parcels to MRPL and RIL via trucking Successfully drilled & completed 6 Mangala…
9 Rajasthan - Pipeline World's longest heated and insulated pipeline Total Pipe Diameter 790 mm (32) 670 km with heating stations and storage terminals High Density 30 heating stations with 1MW power Polyethylene Wrap…
10 Rajasthan - Crude Marketing Sales arrangements in place for 143,000 bopd 590 km Cairn Mangala With four refineries, MRPL, IOC, Reliance and Essar pipeline Discussions ongoing with other refiners from Mangala to Trucking…
11 Mangala 2010 Production Key Enablers 150,000 bopd 143,000 bopd Current Sales 125,000 bopd Arrangement Technical and Development drilling and Reservoir performance Operational confirms deliverability JV Approvals…
12 Resource Base Potential resource for the Rajasthan block estimated at 6.5 bn boe in place Exploration upside increased: Prospective resource estimated at 2.5 bn boe in place Gross Risked prospective recoverable resource…
13 Exploration Rajasthan Block Portfolio Growth Risked portfolio grown from 35 to 250mmboe, with significant Total Acreage 3,111 km2 upside potential Oil (75%): Gas (25%) Detailed Block Re-evaluation Major update on…
14 Rajasthan Resources - EOR Chemical EOR Polymer and ASP Schematic Increased reserves Better sweep efficiency 175,000 Initial targeted EOR Better displacement efficiency bopd plateau production Potential to extend and Plateau…
15 Rajasthan Resources - Barmer Hill Barmer Hill and other fields STOIIP- 1.9 billion boe Barmer Hill analogous fields recovery factors - 7 to 20% Gross recoverable resource estimated at 140 mmboe Discovery wells tested in…
16 Rajasthan - Future Resource And Value Potential 6.5 Billion boe 250 Gross Reserves, Gross Initial Resources 1 and Potential 2 In Place 2.5 Billion boe in 35+ prospects Most Likely 140 Volumes Prospective Risked…
17 RAJASTHAN - Vision For Growth Mangala Processing Terminal Target Reservoir Performance MBA Technical and EOR Pilot Implementation FDP Potential Operational BH Pilots and Development Approved Production Exploration and…
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…
19 Exploration - Sri Lanka Block (SL 2007-01-001) Contract effective 18th October 2008 Cairn Lanka 100% Working Interest (NOC India back-in 15%) Block Area: 3000 km2 Water depth: 400-1900m Extension of proven hydrocarbon…
22 Rajasthan Funding Capex USD billion Financed By USD billion Net Cash/(Net Debt) (0.1) 2008 and 2009 (31st Dec09) Actual Spend vs Guidance 1.8 vs 2.0 Existing debt facility 1.6 Balance 0.2 Total 1.5 2010 and 2011…
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 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…
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