2011 Cairn India Limited Corporate Presentation August 2012
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 US12 bn Vedanta Group Total Equity of 1,908 m shares; Free float 23%**…
4 Overview Amongst top 20 global independent E&P companies Leading Operate 20% of Indias domestic crude oil production Fastest growing energy company in E&P Player Over 1 billion barrels of reserves / resources base Asia, 2011…
5 World Class Asset Base 9 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% 21.8% 6.4% East Coast KG-DWN-98/2 WI 10%…
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 bopd; focus on…
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 cost at US 1.9 / boe…
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…
10 Rajasthan Resource and Value Potential Resource Future Development & Prospective Under Development Total % inc from Resource previous Potential (mm boe) Gross 2,168 2,010 EXPLORATION 3,100 11% MBARS BH + 19 Disc. 7,278 In…
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 PSU & Private…
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 June, 2012 583 1,249…
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…
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 petroleum system studies o…
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 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 A LEGEND Oil Discovery…
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, 21.8% relationship and…
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 approval in April 2012 o…