Corporate Presentation October 2010 3 Holding Structure IPO December 2006 Listed on BSE & NSE in January 2007 Part of NIFTY index, MSCI & DJIT30 Petronas Promoter 14.9% 62.4% Over 200,000 Indian retail shareholders…
Corporate Presentation October 2010 4 World Class Asset Base Production Blocks Exploration Potential Rajasthan (RJ-ON-90/1) Rajasthan Cairn (Operator) 70% RJ-ON-90/1 WI 70% ONGC 30% East Coast KG-DWN-98/2 WI 10%…
Corporate Presentation October 2010 5 Growth Strategy Maximise Execute Maximise Identify recovery from Rajasthan Potential in new growth production base development Rajasthan opportunities Increased Ravva Mangala current 3,000…
Corporate Presentation October 2010 7 Rajasthan - Frontier to Producing Basin Frontier Exp. Exploration & Appraisal Development & Production 1995 - 2002 Mangala Mangala Processing Terminal Bhagyam Aishwariya Oil Gas…
Corporate Presentation October 2010 8 Rajasthan Update Mangala Processing Terminal (MPT) Trains 1, 2 & 3 operational MPT Crude delivery to refiners through pipeline Produced and sold 16 mmbbls to domestic refiners Mangala…
Corporate Presentation October 2010 9 Mangala Production Key Enablers 150,000 bopd 143,000 bopd Current Sales 125,000 bopd Arrangement Technical and Development drilling and Reservoir performance Operational confirms…
Corporate Presentation October 2010 10 Rajasthan - Crude Marketing Delivery through 590 km Worlds longest continuously heated & insulated heated pipeline Mangala pipeline operational from Barmer to Salaya Sales arrangements in…
Corporate Presentation October 2010 11 Rajasthan - Future Resource And Value Potential 6.5 Billion boe 250 Gross Reserves, Gross Initial Resources 1 and Potential In Place 2.5 Billion boe in 35+ prospects Most Likely 2 140…
Corporate Presentation October 2010 12 Rajasthan - Vision to Produce 240,000 bopd Gross Initial In Place Volumes (6.5 billion boe) 2.5 bn boe 250 Vision to produce 240,000 bopd* Additional Production* 1.9 bn…
Corporate Presentation October 2010 13 Rajasthan - Vision For Growth Mangala Processing Terminal Target Reservoir Performance MBA Technical and EOR Pilot Implementation Potential FDP Operational BH Pilots and Development…
Corporate Presentation October 2010 14 Exploration Programme Major long term player Play based approach to building portfolio Large proprietary database Diversity of basin, plays and environments Experienced team Ongoing regional…
Corporate Presentation October 2010 15 Rajasthan - Funding USD billion Capex Gross Net Financed By Net Cash/(Net Debt) (0.1) Exploration (till 2006)* 0.61 0.57 (31st Dec09) Development Existing debt facility 1.30 CY 2007…
Corporate Presentation October 2010 16 Engaging with the Community Strategic Intent Proactive engagement with stakeholders Demonstrate leadership in corporate citizenship Partnering with communities through our principles of…
Corporate Presentation October 2010 17 Summary Rajasthan Mangala production at its currently approved plateau of 125,000 bopd Delivery to domestic refiners through pipeline Increasing cash flows; Gross field revenue crossed USD…
20 Rajasthan Block - Exploration 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…
21 Rajasthan Resources - EOR Chemical EOR Polymer and ASP Schematic Increased reserves Better sweep efficiency Better displacement efficiency 175,000 Initial targeted EOR bopd plateau production Potential to extend and…
22 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…
23 Exploration - Sri Lanka Block (SL 2007-01-001) Contract effective 18th October 2008 Cairn Lanka 100% Working Interest (NOC back- India in 15%) Block Area: 3000 km2 Water depth: 400-1900m Extension of proven hydrocarbon…