Mineral & Petroleum Conference May 2008 DISCOVERING HIDDEN VALUE 08S0046EE00 YEARS OF EXPLORATION, DISCOVERY & PRODUCTION 08S0046EE00
La Clairvoyance Rene Magritte 3 08S0046EE00
Cairn Evolution Founder & CEO of Cairn South Asian Strategy - Mike Watts Sir Bill Gammell Holland Sea Search - listed Amsterdam listed London (1988) Command - listed Sydney Cairn Corporate acquisitions Holland Sea Search 1995…
Group Structure & Two Distinct Business Models Cairn India Cairn Energy PLC Capricorn Energy business model to be a production and Listed on London Stock Exchange business model to be an exploration development focussed E&P company…
GROUP OVERVIEW Cairn India (CIL) Capricorn Energy Gross operated production 73,187 boepd * Gross operated production 13,844 boepd * Resource base of 1 billion boe in Medium/low risk exploration potential Rajasthan leading to…
Total Operated Production Main Assets 2007 87,031 boepd 2006 105,029 boepd Cairn India (CIL) Capricorn Energy Rajasthan West Disko Potential 1 175,000 bopd 3 GREENLAND NE PA DELHI L KATHMANDU BANGLADESH DHAKA…
Rajasthan Exploration RJ-ON-90/1 Pakistan Mangala INDIA Aishwariya Barmer Barmer Air Base Oil Gas Water 8 08S0046EE00
Exploring for Oil, Water and Gas Oil Discoveries Gas Discoveries BHAGYAM N-I-NORTH Mangala Aishwariya SHAKTI Saline Power Requirements water N-I NC WEST OIL & GAS BHAGYAM SOUTH-1 Processing facilities Fresh MANGALA ESPs…
MBA FIELDS (MANGALA, BHAGYAM & AISHWARIYA) Development Plan Production Profiles AAishwariya ishwariya Base Base (10,000 bopd approved ) Aishwariya EOR Bhagyam Water Flood (40,000 bopd approved) Mangala & Bhagyam EOR Oil…
Rajasthan World Class Marketing Opportunity IOC - Mundra Panipat Crude Pipeline Cairn Pipeline India currently: Barmer IOC-SMPL Panipat Imports*: 239KM 2.4 million bbls/day Radhanpur Rankpur Chakshu 16 Km 60 Km…
Capricorn - Tunisia Exploration SICILY Number of prospects TAZERKA TUNIS identified BIRSA NABEUL OUDNA 2 to 4 Exploration Well Programme LOUZA Q4 2008 - Q4 2009 M'SELA-1 TUNISIA Commencing with Louza ISIS Oil…
Nepal Exploration Blocks NEPAL 1,2,3*,4,5*,6 & 7 1 2 3 Nepal Blocks currently KATHMANDU 4 6 in Force Majeure 5 7 INDIA Constitutional elections held * Subject to government approval April 2008 Block 3 Proposed…
Circum Polar Geological Map 19 Arctic geological basins Greenland offers frontier exploration with significant upside potential on attractive terms 2003 Cairn / Capricorn Entry position Arctic Circle 14 08S0046EE00
Plate Tectonic Reconstruction Early Cretaceous to Oligocene plate tectonic reconstructions illustrating the evolution of the Labrador Sea - Baffin Bay area. Upper sequence of figures modified from Ziegler (1986), lower sequence is…
Disko Area Summer 2008 work programme West Disko Block 1 - Sigguk 6000 km 2D seismic Block 3 - Eqqua Cairn/Capricorn 87.5% 1 Under negotiation NUNAOIL 12.5% 2 ExxonMobil 1 Chevron 3 4 Dong 6,000km Nunaoil 2D seismic…
Southern Area Blocks Signed Summer 2008 work programme 2000 km 2D seismic Greenland Hans Kristian Olsen Kim Kielsen Managing Director Minister for Infrastructure, Nuuk NUNAOIL A/S Climate and Environment Local community…
Greenland - Qaqortoq 18 08S0046EE00
Lady Franklin & Atammik Area Summer 2008 work programme Greenland 1600 km EM survey Atammik Lady Franklin Nuuk 19 08S0046EE00
Greenland Risks / Challenges Political Technical Commercial Environmental Qaqortoq, January 2008 20 08S0046EE00