Investor Presentation May 2010 Discovering hidden value Discovering hidden value
GROUP OVERVIEW Focus on delivery of phased development in Rajasthan to provide substantial and sustained cash flows Rajasthan resource base continues to grow Strategic exploration positions in frontier basins of Greenland Strong…
FINANCE Operational financial flexibility Actions throughout 2009 have strengthened the balance sheet 5% PLC placing in March 1.6 billion CIL loan facilities signed in October Deals with Petronas in October and Dyas in November…
RAJASTHAN Drilling 4 rigs operating, 62 Mangala development wells drilled, 51 wells completed Wells confirm excellent reservoir quality Horizontal wells tested 12,000 bopd Development Capacity bopd status Train 1 30,000…
RAJASTHAN Sales And Infrastructure Sales arrangements in place for 143,000 bopd 600 km Cairn Mangala MRPL, IOC, Essar and Reliance Industries pipeline Discussions ongoing with other refiners from Mangala Trucking to Salaya Route…
RAJASTHAN Vision For Growth Mangala Processing Terminal Reservoir Performance Target Technical & EOR Pilot Implementation MBA Operational BH Pilots and Development FDP Exploration and Appraisal Approved Production Potential…
RAJASTHAN Resource Base 6.5 Billion boe 250 Gross Gross Reserves, Initial 2.5 Billion boe in 35+ prospects Most Likely Resources 1 and 140 Risked In Place Prospective Potential 2 Prospective Resource In Place 4 Billion…
GREENLAND In Context Cairn Blocks Cairn Prospecting Licence USGS highlights Baffin Bay North East Wells the large scale Bid Round Bid Round 2010 2012 hydrocarbon potential Cairn is planning a multi-year exploration…
GREENLAND West Disko 2010 Exploration Programme Greenland 4 exploration wells and 2,500 km 2D seismic Sigguk 30 Prospects and leads identified to date GRO-3 Eqqua Prospect risk - chance of success estimated 7-14% Disko 4…
GREENLAND West Disko 2010 Operations Stena Forth Understand and manage risks 6th Generation DP Drillship Highly experienced operational team Best contractors and best equipment Two state of the art drilling rigs Extensive support…
GREENLAND West Disko - A Sense Of Perspective West Disko acreage equivalent to 3 UK North Sea SIGGUK Quadrants 11,033 km2 Zero wells 1300 wells EQQUA 11,991 km2 30 leads and prospects 170 currently Discoveries…
GREENLAND Cairn plus partners PETRONAS / Nunaoil have first mover North North East Greenland Greenland Basins Basins advantage in separate frontier basins 1,500 km apart GREENLAND Baffin Bay bid round: Baffin Bay Bids May 1st…
BUILDING FOR GROWTH India Cairn focus on phased development of Rajasthan resources to optimise value Rajasthan target potential production of 240,000 bopd Greenland Multi-billion barrel unrisked exploration potential in two…
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