2014 Cairn India Limited Cairn India Limited Corporate Presentation August 2014
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 for the opportunity World Class Resource Base Assets: Diverse basins, plays and environments Hydrocarbon Initially in Place* of 6.1 bn boe HIIP Balanced portfolio, 9 blocks,…
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 Rajasthan - Prolific block with significant upside Block offers multiple formations and play types Significant Resource Potential: 10 bn boe In-Place Gross Hydrocarbons In-Place resources in RJ Akli…
2014 Cairn India Limited 11 Positive exploration results continue to confirm the potential Established 1.2bn boe of HIIP since resumption in 2013; Rajasthan Block - 33 discoveries to date Additional 0.6bn boe discovered and…
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 Unprecedented Activity Across MBA Fields In-place resources of 2.2 bn boe with EUR of 50% Cumulative production of over 230mmboe…
2014 Cairn India Limited 14 Polymer flood EOR project activity Equipment for Central Polymer Facility MPT and Well pad modifications
2014 Cairn India Limited 15 2 Initial success achieved in Barmer Hill, scaling up for more Tight Reservoir with high potential In-place resources of 2 bn boe with estimated Major highlights recovery factor of 10-15% Tight…
2014 Cairn India Limited 16 3 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 17 Potential gas export pipeline route RGT MBPL 1670 Kms, 30 MMscmd (Proposed) RGT AGI-12 Palanpur Power Plants Fertilizer Units Key factors in route selection Access to best…
2014 Cairn India Limited 18 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 19 US3 Bn net capital expenditure program to fuel growth FY 14 FY 15 FY 16 FY 17 81% of 3 year net RJ- MBA- Production Sustenance (US 1.6Bn) capex to be spent in EOR FY15 & FY16 Development…
2014 Cairn India Limited 20 Agenda Overview Rajasthan Potential and Growth Strategy Mature Assets and Exploration Portfolio Outlook
2014 Cairn India Limited 21 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 22 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 23 Major exploration activity continues across Indian portfolio India- KG Onshore Block (KG-ONN-2003/1) Onshore Declaration of commerciality for Nagayalanka discovery under MC review Evaluation of…
2014 Cairn India Limited 24 Formulating monetization strategies for International blocks International Offshore Sri Lanka Block 4 wells drilled yielding 2 maiden gas discoveries Discussions ongoing with the Sri Lankan…
2014 Cairn India Limited 25 Agenda Overview Rajasthan Potential and Growth Strategy Mature Assets and Exploration Portfolio Outlook
2014 Cairn India Limited 26 Outlook FY 15 and beyond Remain committed to create long term shareholder value Aggressive Capital Investment program of 3bn by FY17 Earmarked 80% net capex for development projects in RJ Continue…
2014 Cairn India Limited 27 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…