2012 Cairn India Limited Corporate Presentation September 2012
Corporate Presentation 3 Corporate Profile IPO in Dec 2006; listed on BSE & NSE in Jan 2007 Part of NIFTY index, DJIT30 & MSCI Amongst Indias top 20 companies; Market Cap US11 bn Total Equity of 1,908 m shares; Free float…
Corporate Presentation 4 Overview Amongst top 20 global independent E&P companies Fastest growing Leading Operate 25% of Indias domestic crude oil production energy company in E&P Player Over 1 billion barrels of reserves /…
Corporate Presentation 5 World Class Asset Base 10 blocks in the Portfolio Rajasthan RJ-ON-90/1 WI 70% East Coast KG-DWN-98/2 WI 10% 6.4% KG-ONN-2003/1 WI 49% PKGM-1 (Ravva) WI 22.5% KG-OSN-2009/3* WI 100% PR-OSN-2004/1* WI…
Corporate Presentation 6 Performance Highlights Operations Cumulative oil production from Rajasthan block crossed 100 mm bbls Mangala field ramped up to 150,000 bopd post GoI approval Bhagyam field currently producing at 25,000…
Corporate Presentation 8 Low Cost Operator Other Costs (US/boe) Field Direct Opex (US/boe) 14 12 11 11 10 9 12 9 9 8 3 2 2 2 2 Q1 Q2 Q3 Q4 Q1* FY 2011-12 FY 2012-13 Low Cost Operator with field direct operating…
9 Resource Update Company achieved a reserve and resource replacement ratio of 175% in FY 31-Mar-11 31-Mar-12 2011-12 +11% RJ Basin Potential Rajasthan Block Potential resource for the block estimated at 7.3 bn boe gross In…
Corporate Presentation 10 Rajasthan Resource and Value Potential Resource Future Development & Prospective % inc from Under Development Total Resource previous Potential (mm boe) Gross 2,168 2,010 EXPLORATION 3,100 11% MBARS BH +…
Corporate Presentation 11 Rajasthan Crude Offtake Sold more than 100 mm bbls of crude to Indian refiners; generated gross revenues in excess of US 9 bn to date Sales arrangements renewed for volumes in excess of 175,000 bopd with…
Corporate Presentation 12 Cash Position and Capex Plan Gross Cash (US m) Debt (US m) Company wide Net Capex (US bn) Till FY 2011-12 3.7 FY 2012-13 & FY 2013-14 (E) 2.0* 1,249 1,789 2,184 Cash Position in US bn as on 30…
13 Exploration Portfolio Current Exploration Portfolio Mix of producing, emerging, immature and Basin Type frontier acreages Net unrisked prospective resource at 2.1 bn boe Proven Producing Established working hydrocarbon…
Corporate Presentation 14 Exploration Programme Major long term player Play based approach to build portfolio o Large proprietary database o Diversity of basins, plays and environments o Experienced team o Ongoing regional…
Corporate Presentation 15 Frontier Deep water Exploration Sri Lanka A BARRACUDA DORADO A N W E LEGEND Gas Discovery Prospect l Discovery well Barracuda CLPL-Barracuda-1G/1 CLPL-Dorado-91H/1z A Dorado A SL…
Corporate Presentation 16 High Impact Exploration in KG Onshore - 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…
Corporate Presentation 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,…
Corporate Presentation 18 Summary Rajasthan o Cumulative block production crossed 100 mn bbls; reduced oil imports by US 9 bn and contributed US 3 bn to the national exchequer o Mangala field producing at 150,000 bopd post GoI…