2014 Cairn India Limited 2 Disclaimer This material contains forward-looking statements regarding Cairn India Limited and its affiliates (Cairn India), its corporate and business strategies and plans, future financial conditions…
2014 Cairn India Limited 3 Agenda Key Achievements for the Quarter Sudhir Mathur Interim CEO Exploration Highlights Darran Lucas Director, Exploration Rajasthan Gas Development Ananthakrishnan B. Director, Gas…
2014 Cairn India Limited 4 Structure Aligned To Support Our US 3bn Capex Plan FY 15 FY 16 FY 17 81% of 3 year net RJ- Production Sustenance capex to be spent in EOR FY15 & FY16 RJ MBA US 1.6 bn Infill drilling Campaign…
2014 Cairn India Limited 5 Achieved Strong All Round Momentum In The Quarter Total HIIP potential of 10 billion boe in Rajasthan (RJ) Established 1.2 bn boe In Place Resources, to achieve In Place target of 3 bn boe significantly…
2014 Cairn India Limited 6 Enhance Target HIIP In RJ By 3 BnBoe Un-risked Prospect Inventory Gross Hydrocarbons In-Place resources in RJ To achieve HIIP target of 3 billion boe by end of FY15, (billion boe) significantly ahead…
2014 Cairn India Limited 7 Significant Shift In RJ From Exploration To Appraisal Drilling Rajasthan Block - 33 discoveries to date Shakti Significant shift from exploration to appraisal drilling to Bhagyam N-I North Shakti NE…
2014 Cairn India Limited 8 Major Exploration Activity Continues Across Other Assets KG Onshore DOC for Nagayalanka discoveries under review Completed fracking & flow testing, awaiting analysis Rajasthan RJ-ON-90/1 Ravva 70%,…
2014 Cairn India Limited 9 Significant Potential From Gas Development in Rajasthan RDG field estimated to hold 1-3 Tcf of Gas in-place with estimated recovery factor of over 50% Major Highlights Plan to double gas volumes…
2014 Cairn India Limited 10 Enhanced Operational Performance Through Technology Adoption 217,869 0.6 4.2 47% 15% Gross Production in Q1 FY15 LTI FR RJ Opex (US/bbl) Recovery Rate in Ravva QoQ production increase in (boepd) Q1…
2014 Cairn India Limited 11 Development Projects Underway To Deliver Long Term Objectives Key development projects in RJ MBA Production CAGR of 7-10%1 over the next 3 years Barmer Hill and Satellite Fields RRR of over…
2014 Cairn India Limited 12 Unprecedented Activity Across MBA Fields In-place resources of 2.2 bn boe with EUR of 50% Achieved cumulative production of over 230mmboe…
2014 Cairn India Limited 13 Initial Success Achieved In Barmer Hill, Scaling Up For Success Tight Reservoir with high potential Major highlights In-place resources of 2 bn boe with estimated Commenced dedicated horizontal well…
2014 Cairn India Limited 14 Robust Financials Resulting From Improved Operating Efficiency +3% Gross INR billion Quarterly Performance average 212 224 218 Q1 FY15 Q4 FY14 q-o-q% Q1 FY14 y-o-y% production CB 28 11 24 9 24 11…
2014 Cairn India Limited 15 Strong Operating Performance PAT variance, YoY (INR billion) 31 1 4 4 3 6 2 3 27 1 16 11 PAT PP Volume Realization Others Forex Net other DDA Tax Normalized Excep- PAT Q1 FY14 tranche…
2014 Cairn India Limited 16 Outlook Remain committed to creating long term shareholder value Aggressive Capital Investment program of 3bn by FY17 Earmarked 80% net capex for development projects in RJ Continue to remain…