2014 Cairn India Limited Macquarie India Conference May 2014
2014 Cairn India Limited 2 Disclaimer This material contains forward-looking statements regarding Cairn India and its affiliates, its corporate and business strategies and plans, future financial condition and results of…
2014 Cairn India Limited 3 Agenda Overview Rajasthan Potential and Growth Strategy Mature Assets and Exploration Portfolio Outlook
2014 Cairn India Limited 4 India offers significant E&P growth opportunities Growing Demand with High Import Dependence Untapped Exploration opportunity 10.0 9.0 Liquids Production US 400Mn per day Liquids Consumption - Daily…
2014 Cairn India Limited 5 Cairn India - Well positioned to play a key role World Class Resource Base Assets: Diverse basins, plays and environments Balanced portfolio, 9 blocks, acreage 42,000 sq. kms Hydrocarbon Initially in…
2014 Cairn India Limited 6 Delivering consistent growth and value to stakeholders Largest ever Capex Program Unlocking RJ Reduce Discovery to Delivery Cycle Time Potential Expand Infrastructure Accelerating RJ, Ravva &…
2014 Cairn India Limited 8 Operational excellence across the value chain LTI Frequency Rate No. of days/10,000 feet Leveraging technology to reduce total cost of ownership 0.21 19.9 17.6 0.16 Cairn Top Decile1 Cairn Top…
2014 Cairn India Limited 9 Agenda Overview Rajasthan Potential and Growth Strategy Mature Assets and Exploration Portfolio Outlook
2014 Cairn India Limited 10 Positive results from recent exploration on the block Rajasthan Block - 31 discoveries to date Gross Oil in Place resources (billion boe) Shakti Bhagyam Drilled out 50% of 5.2 N-I North Shakti NE…
2014 Cairn India Limited 11 Rajasthan - Prolific block with significant upside Block offers multiple formations and play types Significant Resource Potential: 7.3 bn boe In-Place Akli 7,297 Thumbli 3,100 Dharvi Dungar…
2014 Cairn India Limited 12 3 Year Strategic plan to aid world class recovery Key development projects in RJ US 2.4 billion Net Capex 1 MBA Production CAGR 2 of 7-10%1 over the next 3 years Barmer Hill development RRR of…
2014 Cairn India Limited 13 1 Sustaining MBA production by improving recovery Enhanced Oil Recovery Mangala polymer flood execution in progress First polymer injection in Q4 FY15 Net Capex (FY 15-17): Bhagyam polymer flood plan…
2014 Cairn India Limited 14 2 BH formation: Significant development opportunity 2 major development opportunities BH North - Oil prone porcellanite rocks BH South - Muddy porcellanites Net Capex (FY 15-17): Exploration results…
2014 Cairn India Limited 15 3 Planning for success with Gas and NGL development Develop existing Raageshwari Deep Gas (RDG) Initial success with 2 potential gas discoveries made during the current exploration campaign,…
2014 Cairn India Limited 16 Rajasthan Next Growth Phase Target 3 Year Reserve Replacement at MBA New Development 150%1 3 Year Production CAGR of 7-10%2 from known discoveries, with flat production in FY 15 RJ Exploration…
2014 Cairn India Limited 17 US3 Bn net capital expenditure program to fuel growth FY 15 FY 16 FY 17 600mn - Build on FY14 net spend Rajasthan MBA (1.6 Bn) 81% Development - (84%) - spend planned by FY16 US 2.5 bn US 2.4…
2014 Cairn India Limited 18 Agenda Overview Rajasthan Potential and Growth Strategy Mature Assets and Exploration Portfolio Outlook
2014 Cairn India Limited 19 Ravva Maximizing value with 47% recovery Andhra 4D seismic technology to identify un-swept oil Pradesh Seismic survey over time PKGM-1 Cum Production Gas Sustaining mature asset Oil…
2014 Cairn India Limited 20 CB sustain production at optimal costs through technology Gujarat CB/OS-2 Gas producing to Oil producing Field Direct opex maintained at optimum level Production, kboepd, mmboe Cum Production…
2014 Cairn India Limited 21 Major exploration activity continues across Indian portfolio India- KG Onshore Block (KG-ONN-2003/1) Onshore KG-ONN-2003/1 Declaration of commerciality for Nagayalanka discovery under MC review Andhra…
2014 Cairn India Limited 22 Formulating monetization strategies for International blocks International Offshore Sri Lanka Block Discussions ongoing with the Sri Lankan Government on commercial terms 4 wells drilled yielding 2…
2014 Cairn India Limited 23 Agenda Overview Rajasthan Potential and Growth Strategy Mature Assets and Exploration Portfolio Outlook
2014 Cairn India Limited 24 Outlook FY 15 and beyond Continue exploration and appraisal programme across the portfolio with sharper focus on Rajasthan Key FY 2014 -15 Rajasthan development projects: MBA Mangala Polymer flood…
2014 Cairn India Limited 25 Fact Sheet As Indias largest private sector E&P company accounting Gross Production: 218,651 bopd, 6% YoY increase FY14 average for 30% of the countrys domestic oil production, Cairn Oil: 209,378 bopd…
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