2015 Cairn India Limited Cairn India Limited Corporate Presentation August 2015
2015 Cairn India Limited 3 Agenda Company overview Growth strategy in current environment Near term Outlook
2015 Cairn India Limited 4 Safety and Sustainability integral to our business Vocational training for women Safety Top decile performance globally * - LTI FR 0.16 Continued emphasis on process and controls Sustainability…
2015 Cairn India Limited 5 India offers significant growth opportunities Low Per Capita Energy Consumption Positive policy measures Tonnes of Oil equivalent per year India China World 3.0 Domestic natural gas price reforms 2.1…
2015 Cairn India Limited 6 Cairn India - well positioned for the opportunity Assets: Diverse geological basins and environments World Class Resource Base (FY15) Nine blocks with net acreage of 41,000 km2 Hydrocarbon Initially in…
2015 Cairn India Limited 7 Our value creation journey Cumulative oil production crossed 300 million barrels from Rajasthan asset in August 2015
2015 Cairn India Limited 8 Leveraging strengths: Low cost, Technology, Operational excellence Pioneering technology adoption Competitive F&D costs 3,000 Hydro-fracturing technology In partnership with world class service providers…
2015 Cairn India Limited 9 Agenda Company overview Growth strategy in current environment Near term Outlook
2015 Cairn India Limited 10 Rich set of growth options at all crude price scenarios Five Key Strategic Themes Positive Free Cash Flows Post capex, retaining ability for dividend payout Core fields continue to MBA, Ravva,…
2015 Cairn India Limited 11 Rajasthan Prolific block with significant upside 3,111 km2 block with rich set of options Multiple formations and play types Akli 40 km Thumbli Bhagyam (B) Dharvi Dungar Core Mangala (M) fields…
2015 Cairn India Limited 12 RJ: Core MBA onshore fields resilient with low cost, high margin HIIP: 2.2 bn boe, Target recovery rate: 50% Invested development capex of over US5 bn in 10 years Enhanced brownfield development…
2015 Cairn India Limited 13 RJ: Focus on building Gas business to boost growth Production potential (Incl NGLs): 15-20,000 boepd Commissioning of Compressors and Equipment Raag Deep Gas field Project status 4 compressors…
2015 Cairn India Limited 14 Barmer Hill Appraisal Phase completed; results encouraging Barmer Hill vs. US Shale Technology Implementation: Setting new industry benchmarks Parameter Unit US Shale Barmer Hill Drilled 8 horizontal &…
2015 Cairn India Limited 15 RJ Exploration: 13 discoveries since resumption Rajasthan Block 13 discoveries since resumption Prioritised discoveries for appraisal Rajasthan- Exploration Highlights Drilled and tested HIIP of 1.6…
2015 Cairn India Limited 16 Mature Offshore assets set new records; technology aids growth Production Journey: Ravva Production Journey: Cambay Prod till date: Prod till date: (kboepd) 324 mmboe (kboepd) 59 mmboe Gas Oil 19 20…
2015 Cairn India Limited 17 Agenda Company overview Growth strategy in current environment Near term Outlook
2015 Cairn India Limited 18 Stable production and healthy cash flows in volatile times FY16 Guidance Rajasthan Production Despite low oil prices and substantial capex cut production to be maintained minimum at FY15 production…
2015 Cairn India Limited 21 Cairn to defer FY16 Capex; Revising from US1.2 bn to US500 mn FY 15 Capex Spend FY 16 Capex Plan (9M Actual + 3M Estimate) High return capex investments made in FY15 totaling US1.1 bn US500 mn 1.1 bn…
2015 Cairn India Limited 22 FY15 Performance vs. Guidance RJ Production RJ Projects FY15 Guidance: Flat Production vs. FY15 Guidance: 1st Polymer injection-Q4; FY14 Mangala ASP pilot-Q4; Facility upgrade Production lower by 4%…