3 Agenda Assets Performance Mayank Ashar Managing Director & Chief Executive Officer Developments and Regulatory Update Operations Highlights Financial Results Sudhir Mathur Chief Financial Officer Progress on Growth…
4 Rajasthan on firm footing; Offshore assets perform well 205,361 5.5 34 48% 25% Gross Production in RJ Water-flood Opex RDG peak gas production Recovery Rate QoQ production Q2 FY16 (boepd) (US/bbl) Q2 FY16 in Q2 FY16 (mmscfd) in…
5 In-line progress on key projects; traction seen with regulators Fundamental projects are advancing well Mangala EOR volume ramp-up on track Aishwariya Infill campaign nearing completion Bhagyam EOR FEED ongoing Aishwariya…
6 Crude decline impacted revenue; cost optimization continues Price realization Lower price realization 22% Brent price declined by 18% QoQ RJ discount to Brent up 4.4% to 14.3% from 9.9% QoQ Opex/boe: Optimizing field…
7 Financial performance in Q2FY16 INR-billion Q2 FY16 Q2 FY15 y-o-y (%) Q1 FY16 q-o-q (%) PAT Variance v/s Q1 FY16 (INR bn) 8 Net Revenue 22 40 (44%) 26 (15%) 7 EBITDA 10 27 (64%) 13 (26%) 3 0 3 Other Income 1 3 (65%) 4 (68%)…
8 Mangala EOR program in full swing Polymer volume ramped-up to 200,000 blpd Impact noticed in the production, attributable to o Improvement in sweep efficiency o Increase in reservoir pressure Result shows decrease in water cut…
9 Growth projects on track Aishwariya Infill Campaign Started adding to production 6 new wells brought online increasing the total count to 12 wells Balance 8 wells will also be online in the current fiscal year Production from…
10 Re-phased exploration program to expand the resource base Rajasthan Exploration Update Appraisal of select discoveries Appraisal Testing DP First phase of appraisal testing of Satellite Fields -DP, NL and V&V started Focus on…