3 Cairn India Holding Structure IPO December 2006 Listed on BSE & NSE Part of NIFTY index Over 250,000 Indian retail shareholders Market capitalization of US10bn (as on October 26, 2009) Amongst Indias top 25…
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 Focussed Delivery Operated production Ravva, India CB/OS-2, Cambay basin India Rajasthan, India, under construction including 670 km pipeline Fast track developments Low cost operator Ravva & CB/OS-2 field direct OPEX…
6 Strategy For Sustained Growth Maximise Execute Maximise Identify recovery from Rajasthan Potential in new growth production base development Rajasthan opportunities Successful drilling - Commenced 3,000 km2 under Unrisked…
7 Transformational Growth 200,000 bopd Gross Increase in production Cairn India Gross: 200% production including Working Interest: 600% peak output from Mangala, Bhagyam and Aishwariya fields 60,480bopd Gross…
8 Rajasthan - Development Overview Shakti N-I-North Shakti NE Development Area-2 NC West Oil and Gas Awarded: Nov 2006 Area: 430 km2 Rajasthan: 25 discoveries N-I MANGALA Mangala Barmer Hill BHAGYAM Bhagyam 3,000 km2…
9 Rajasthan - Integrated Evacuation Facilities MPT and Well Pads Mangala 1 x 30 kbopd processing train: Completed & Ready Bhagyam 2 x 50 kbopd processing trains: Aishwariya 1st in early 2010 & 2nd in H1 2010 Intra-field 1 x 75…
10 Rajasthan Development Status Production started from Mangala Field in August 2009, via Train 1 processing facilities First cargo successfully delivered via trucking to MRPL; first invoice has been raised Successfully…
11 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…
12 Rajasthan Crude - Marketing Schematic Map Access to 75% of Indias refining capacity Bhatinda Mangala GoI has agreed for private refiners as Panipat additional offtakers beyond nominated PSU DELHI Refiners:…
13 Rajasthan Growing Reserves and Resource Base Total Basin Reserves and Resources The 3 MBA Fields 22 Other fields (inc Barmer Hill) Fatehgarh reservoir Ongoing work to monetise Saraswati, 2 billion boe resource and…
14 Rajasthan Resources - EOR Chemical EOR Polymer and ASP Schematic Increased reserves Better sweep efficiency Initial targeted EOR Better displacement efficiency 175,000 bopd plateau production Potential to extend and…
15 Rajasthan Resources - EOR Analogue Fields Daqing - ASP Pilot Performance Analogue Field Performance Incremental Recovery, % ASP pilots in two large oil fields in China (Daqing and Shengli) indicate incremental recovery of…
16 Rajasthan Resources - Barmer Hill & Small Fields Barmer Hill Potential STOIIP 400 mmbbls Low permeability reservoir Further technical studies underway; core analysis ongoing, fracture stimulation required Wells tested in…
17 Exploration - Platform for Future Major long term player Over 40 discoveries in last 10 years 3 of 7 landmark discoveries since 2000 Success ratio of 40% Large proprietary database Cairn Rajasthan Experienced team Play…
18 Exploration - Programme RJ-ONN-2003/1 GV-ONN-2003/1 2 to 4 wells Completed 550 km 2D seismic and interpretation RJ-ON-90/1 2 exploration wells KG-ONN-2003/1 3 exploration wells FY 10 INDIA RAVVA GS-OSN-2003/1…
19 Key Financial Highlights Current quarter Previous Quarter Quarterly Particulars Q2 FY 2009-10 Q1 FY 2009-10 variance Gross production - boepd 60,480 59,461 2% WI production - boepd 18,638 15,917 17% Average oil price…
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 Started production Mangala field dedicated to the Nation World class resource base focussed on delivery & growth Enhanced oil recovery potential Pipeline route allows access to multiple buyers Increased…