CAIRN ENERGY PLC 06S0182DE00 Annual General Meeting Presentation April 2006 06S0182DE00 1
PREFACE This presentation and the associated slides and discussion contain forward-looking statements regarding Cairn, our corporate plans, future financial condition, future results of operations, future business plans and…
CAIRN GROWTH India 3rd fastest growing economy in the world Rising reserves & resources Increasing production Leverage to oil price Strategic position Right place . right time To examine partial IPO of Indian business…
SOUTH ASIA BUSINESS 200 mmscfd 120,000 100 100,000 0 Jan mmscfd 60,000 Apr Jul Oct Dec Frontier Sangu 2005 Gas Production Exploration 0 Jan Apr Jul Oct Dec Sangu Lakshmi & Gauri 2005 Gas Production Gross Production…
EXPLORE/DISCOVER/DEVELOP 06S0182DE00 5
RAJASTHAN & CAMBAY BASINS CAMBAY BASIN NELP VI Blocks BARMER BASIN Reserves Current oil in place 3.5 billion boe 2.6 billion boe Current resource 1 billion mmboe Current 2P reserves 666 mmbbls oil 42 mmboe gas Rajasthan…
RAJASTHAN BHAGYAM BLOCK OVERVIEW SHAKTI N-I BHAGYAM-SOUTH-1 Extended Development Area 1,228 km2 MANGALA AISHWARIYA N-E-1 VIJAYA N-P Discovery VANDANA Barmer N-R-4 prospect requires AISHWARIYA significant appraisal…
RAJASTHAN AN EXAMPLE OF A WORLD SCALE DEVELOPMENT Main Northern Fields BHAGYAM E&A Costs 450 million Production Capacity: 20 - 40+ kbopd Total life of field development (gross) costs US2 billion (2005 money) Northern MANGALA…
FINANCIAL HIGHLIGHTS Average production of 28,240 boepd (80% gas) (2006 forecast: 24,000-25,500 boepd) Average price realised 25.44 per boe (2004: 24.06 per boe) Earnings 79.1m (2004: loss 15.7m); IFRS / successful efforts based…
PARTIAL IPO OF INDIAN BUSINESS Aim to create two world class businesses: one based in India focussed on E&P one based in the UK primarily focussed on South Asia Exploration Consistent with objective of optimising and…
Loading...
