Investor Presentation Cairn Energy PLC January, 2012
3 Investor Presentation January, 2012 Cairn Overview A Consistent Strategy for Value Creation Growth Focus Balanced portfolio Transformational potential New opportunities Financial Focus Vedanta deal Strong balance sheet…
4 Investor Presentation January, 2012 Cairn Overview Track Record of Value Creation Cairn strategy creation of material growth potential Realisation and return of value to shareholders Equity raised in UK markets between 1988 and…
5 Investor Presentation January, 2012 Cairn Overview Growth and New Opportunities Establish commercial reserves in strategic positions to create and deliver shareholder value Concentrate on material equity positions Balanced…
6 Investor Presentation January, 2012 Vedanta Transaction Cairn sale of 40% of CIL to Vedanta at INR 355 per share realising 6 billion gross proceeds First 10% tranche completed 11 July 2011, post tax proceeds 1.4 billion Second…
7 Investor Presentation January, 2012 Cairn Overview A Consistent Strategy for Value Creation Entry in Bangladesh 1993 (Corporate acquisition HSSH 1995) Sangu gas discovery 1996 Entry in India (Corporate acquisition Command…
8 Investor Presentation January, 2012 Cairn in India Approved Rajasthan Plan and Potential Prize to operate 30% of Indias Domestic Oil Production Bhagyam Shakti Cairn India Operated Blocks Gross Production Existing fields Ravva and…
9 Investor Presentation January, 2012 Greenland Strategy Cairn is the largest acreage holder and most active Operator in Greenland Baffin Bay Cairn has acquired 2D seismic database 85,000km, two 3D GREENLAND surveys completed…
10 Investor Presentation January, 2012 Greenland West Greenland Potential U.S. Geological Survey (USGS) Risked Yet to Find (YTF) volumes of 7.3 Billion bbls and 54 TCF (excluding South Greenland) 50% Probability of finding one…
11 Investor Presentation January, 2012 Greenland Exploration History Cairn early entrant 120.00 250000 Cairn Greenland entry 2007 Licensing rounds Using first mover CUMULATIVE LICENSED ACREAGE (KM2) 100.00 advantage to build…
12 Investor Presentation January, 2012 Greenland Cairn Acreage Position BLOCK 2 QAMUT Cairn holds 11 blocks out of 20 Conoco Philips DONG Nunaoil currently licenced BLOCK 5 ANU Shell GDF Suez E&P 2011/13 PITU Statoil…
13 Investor Presentation January, 2012 Greenland 2011 Programme 5 Exploration wells Two 3D Seismic Surveys Exploration Wells Geochemical Five wells: Sampling Survey Melville LF7-1 Sub Basin 1 x 3D (1,500 km2) Seismic Survey…
14 Investor Presentation January, 2012 Western Mediterranean Frontier Exploration - Spain Two permits (4,000 km2), SPAIN including 5 blocks, awarded and Alta Mar-1 Alta Mar-2 effective 23 Jan 2011 Four exploration phases of…
15 Investor Presentation January, 2012 New Opportunities Eastern Mediterranean Frontier Exploration 2012 bid rounds in: Syrian Licensing Round Announced March 2011 On Hold Lebanon and Cyprus III 2,885 km2 5CConsortium II…
Loading...
