CAIRN ENERGY PLC PRELIMINARY RESULTS PRESENTATION - INVESTOR March 2007 07S0079CE00 1 07S0079CE00
CAIRN OVERVIEW n illio PLC Shareholders m rn 40 t u IPO January 2007 9 h re 007 Cash return 3 per share as 2 2 C Q New Investors Cairn Energy PLC 1.98 billion LSE nce 31 % bala 69 % 10 0% 300 million available s h Ca…
OPERATIONAL OVERVIEW Rajasthan midstream resolution progressing well - alignment with ONGC on pipeline evacuation, subject to Government of India approval Rajasthan 3.6 bn bbls STOIIP EOR potential for recovery increase and…
CAIRN INDIA OVERVIEW Cairn India Shareholding: Cairn Energy PLC Gross 69% production target 150,000 bopd RJ-ON-90/1 Retail Petronas 4% Institutional 10% 17% 15 Blocks in India including 2 recently awarded CB/OS-2 NELP VI…
RAJASTHAN DEVELOPMENT PROJECT Development Status BHAGYAM RAJASTHAN SHAKTI FDPs approved or pending on 6 of 20 SHAKTI NE BLOCK RJ-ON-90/1 2nd MARCH 2007 discoveries Development Area N-I N-I-NORTH Civil works underway ahead of…
RAJASTHAN PROJECT SCHEDULE 2005 2006 2007 2008 2009 Pre-Construction Approvals Central Ground Water Authority (CGWA) Environmental Clearance (EC) Field Development Plan (FDP) Defence Clearance (DC) Consent To Establish…
MIDSTREAM - Current Status Bhatinda Rajasthan midstream resolution progressing Panipat well - alignment with ONGC on pipeline evacuation, subject to Government of India DELHI approval Mathura Rajasthan Proposed routing…
CAIRN INDIA - Sustainable Growth Potential from EOR & Technology Successful application of Polymer and ASP is expected to result in: 12 60 Increased oil recovery Plateau period (Years) Recovery Factor (%) 10 55 Extension of…
CAIRN INDIA - Strong Production Growth Net (WI) Projected Production 115,000 Maximise and sustain production from current operational assets boepd ase Execute main Rajasthan developments i n cre 93% Optimise further…
IMPACT OF IPO Process completed in under 10 months Pre IPO placing of 752 m 1.98 bn raised in total Indias largest IPO to date Strong balance sheet Cash retained in business 600m in Cairn India 300m in Capricorn 850 m…
SUMMARY IPO completed on schedule - new Indian management team in place Rajasthan midstream resolution progressing well - alignment with ONGC on pipeline evacuation, subject to Government of India approval First oil from Mangala…
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