2014 Cairn India Limited Corporate presentation January 2014
Corporate Presentation 3 Cairns Strategic Pillars World Class Resource Base Operational Excellence Robust Financial Performance Active Exploration led Growth Strategy A Top 20 Global Independent E&P company Market Cap - US10bn
Corporate Presentation 4 World Class Resource Base Balanced portfolio, 9 blocks with net acreage in excess of 42,000 sq. kms Successful track record across Exploration, Development and Production cycle Assets Across the Life-Cycle…
Corporate Presentation 5 Sustained Year-on-Year Growth Rich resource base with higher liquid in product mix Cumulative production of 560 mmboe till 31st December 2013 Currently accounts for 25% of Indias oil production* Strong…
Corporate Presentation 6 Operational Excellence Across the Value Chain Safety first Top quartile HSE performance Opened 4 frontier basins with 40 discoveries Excellence in execution - discovery to production Onshore oil production…
Corporate Presentation 7 Robust Financial Performance Strong revenues and profits driven by lowest quartile operating costs Flexibility to develop assets and support accelerated growth with cash of INR 220Bn 2 year CAGR Revenue…
Corporate Presentation 8 Efficient Project Management - Onshore and Offshore Rajasthan: World class asset with strong growth 200 169 150 128 101 100 50 15 0 Ravva: Sustaining mature asset 70 Rajasthan Block 60 50 40…
Corporate Presentation 9 Active Capex Program for Growth - 3 billion net over 3 years Significant Potential in Rajasthan (RJ) Block (Mmboe) 15% 500-600* RJ Gross in Additional 25% 2,272 1,925 7,297 Production Place (BH + RJ…
Corporate Presentation 10 Sustaining production by Improving Ultimate Recovery:1,200Mn To sustain the MBA plateau via EOR technology and Infill drilling Polymer Flood - Improved Sweep Efficiency Enhanced Oil Recovery Pilot…
Corporate Presentation 11 Additional Producing Fields (BH + Satellite): 450Mn Monetizing 2bn boe contingent resource base Barmer Hill formation spread over a large area in the basin Oil & gas found in majority of the wells…
Corporate Presentation 12 Exploration in Rajasthan: 750Mn To pursue high-value exploration opportunities A target-rich environment 100 Prospects; 20 Play Types, 3.1 bn boe in place Prospective Resources: 530 mm boe Gross Risked…
Corporate Presentation 13 Ensuring Growth in Other Assets: 600Mn Portfolio diversity across India Raava: High Value High Risk prospect being drilled BASINS (Established & Emerging) KG-ONN-2003/1: DoC submitted for Nagayalanka…
Corporate Presentation 14 Outlook On track to meet FY14 exit guidance of over Target to book additional reserves and 225,000 boepd resources by FY14 Robust operational performance across Accelerated exploration and appraisal…
Corporate Presentation 15 Appendix
Corporate Presentation 16 Fact Sheet As Indias largest private sector E&P company Gross Production: 205,323 bopd FY13 average accounting for 25% of the countrys energy Oil: 195,780 bopd production, Cairn India is well positioned…
Corporate Presentation 17 Strong Stable Balance Sheet FY 13 Asset INR billion Liability INR billion Current Assets Current Liabilities Cash and Investments 159 Current Liabilities 34 Other Current Asset 38 Non Current Liabilities…