CAIRN INDIA Corporate Presentation December 2011
CAIRN INDIA
Corporate Presentation
December 2011
2
Disclaimer
These materials contain forward-looking statements regarding Cairn India our corporate plans future financial
condi t ion future resul ts of operat ions future business plans and strategies Al l such forward- looking
statements are based on our managements assumptions and beliefs in the light of information available to
them at this time These forward-looking statements are by their nature subject to significant risks and
uncertaint ies and actual results performance and achievements may be material ly dif ferent from those
expressed in such statements Factors that may cause actual results performance or achievements to differ
from expectations include but are not limited to regulatory changes future levels of industry product supply
demand and pricing weather and weather related impacts wars and acts of terrorism development and use
of technology acts of competitors and other changes to business conditions Cairn India undertakes no
obligation to revise any such forward-looking statements to reflect any changes in Cairn Indiarsquos expectations
with regard thereto or any change in circumstances or events after the date hereof
3
Holding Structure
IPO December 2006
Listed on BSE amp NSE in January 2007
Part of NIFTY index amp DJIT30
Over 200000 Indian retail shareholders
Market Cap gtUSD11billion amongst Indiarsquos top 20
Total Equity of 1903million shares Free float ~19
DJIT30 Dow Jones India Titans 30 Index Free float excludes Cairn PLC holding
FII
64
Vedanta Group
590
Cairn PLC
218
Institutions26
Retail
101
As on 8Dec 2011
4
World Class Asset Base
Cambay (CBOS-2)
Cairn (Operator) 40
ONGC 50
Tata Petrodyne 10
Ravva (PKGM-1)
Cairn (Operator) 225
ONGC 40
Videocon 25
Ravva Oil 125
Rajasthan (RJ-ON-901)
Cairn (Operator) 70
ONGC 30
Production Blocks Exploration Potential
Sri Lanka
SL 2007-01-001 WI 100
East Coast
KG-DWN-982 WI 10
KG-ONN-20031 WI 49
PKGM-1 (Ravva) WI 225
KG-OSN-20093 WI 100
PR-OSN-20041 WI 35
Rajasthan
RJ-ON-901 WI 70
West Coast
CBOS-2 WI 40
KK-DWN-20041 WI 40
MB-DWN-20091 WI 100
Q2 FY 2011-12 Average Daily Gross operated production at 169944 boe Cairn (Working Interest) at 99220 boe
10 blocks in the Portfolio
Under Force Majure
5
Growth Strategy
Maximise
recovery from
production base
Execute
Rajasthan
development
Maximise
Potential in
Rajasthan
Identify
new growth
opportunities
Increased Ravva
reserves by 20 in
2010
gt16 years of low cost
operations in Ravva
Initiatives to slow
down production
decline ndash 4D seismic
Infill drilling
GBA agreement for
sharing gas from the
shared reservoir in
CBOS-2
Mangala completed 2
years of production
current production-
125kbopd
Crude transports
through Pipeline
MBA approved peak
production at 175
kbopd
Increased recovery
through EOR pilot
progressing well
gt3000 km2 in Barmer
Basin under contract
Resource base at 65
bn boe
Monetise Barmer Hill
(BH) amp Other Fields
BH DoC filed FDP
under preparation
Vision to produce 240
kbopd significant
part from MBA
Discovery in first
overseas venture in
Sri Lanka
Exploration and
Appraisal drilling in
KG-ONN-20031
New plays in
Rajasthan
Existing portfolio
enhancement
GBA Gas Balancing Agreement MBA Mangala Bhagyam Aishwariya subject to JV and GoI approval amp additional investments
6
Financial Highlights
CFFO is calculated as profit after tax (excluding other income) prior to non-cash expenses (non-cash employee cost
depreciation depletion amortisation and deferred tax) and exploration cost without adjusting exceptional item
The company started sharing Profit Petroleum with the GoI in the Rajasthan block at the rate of 20 under the
Production Sharing Contract (PSC) framework
till 30 Sept 2011
Q2 FY 2011-12 USD million
Net Revenue ~578
EBIDTA ~450
NormalisedReported Profit After Tax (PAT) ~461167
Cash Flow from Operations (CFFO) ~428
Quarterly NormalisedReported EPS INR 1113401 per share
Rajasthan Capex USD million
Gross Net
Exploration 626 564
Development 3222 2255
Total 3848 2819
Net Cash as on 30th Sept 2011 at USD 1458 million
7
Financial Highlights
165
174
161
172
170
68
74
92
104
100
0 50 100 150 200
Q2 FY11
Q3 FY11
Q4 FY11
Q1 FY12
Q2 FY12
Price Realization (USDboe) Gross Production (Kbopd)
577
691
808
830
578
0 200 400 600 800
Revenue
341
448
543
610
461
0 200 400 600 800
Q2 FY11
Q3 FY11
Q4 FY11
Q1 FY12
Q2 FY12
PAT
USD Million
337
455
577
576
428
0 200 400 600 800
Cash Flow from Operations
USD Million
USD Million
PAT and CFFO are without adjusting on time exceptional item of past Rajasthan royalty costs
8
Rajasthan - Frontier to Producing Basin
Development amp ProductionExploration amp Appraisal
ViramgamGujarat
Rajasthan
Koyali
Tankers to
Coastal Refineries
Jamnagar
Salaya
Kandla
Bhogat
AishwariyaBhagyam
Mangala
Oil
Gas
Raageshwari
Mangala
Processing
Terminal
Frontier Exp
1995 - 2002
25 discoveries to date
gt3000 kmsup2 approved development area
9
Rajasthan Update
Mangala production ~125000 bopd reservoir performance as per
expectations
Produced and sold gt60 mmbbls of crude to Indian refiners gross
cumulative field revenue in excess of USD 5 billion to date
Bhagyam ready to commence production subject to GoI approval
Expect to exit FY 2011-12 at 175000bopd with the support of JV
and GoI
Development of Aishwariya underway plan to commence
production in H2 CY 2012 subject to JV and GoI approval
Significant part of currently envisaged basin potential of 240000
bopd to be met from MBA fields
Augmentation of processing capacity and pipeline infrastructure to
deliver currently envisaged basin potential in CY 2013
Total Pipe Diameter
790 mm (32rdquo)
Poly Urethane
Foam Insulation
Heat Tube
High Density
Polyethylene Wrap
MPT
Pipeline
Data as per 20 Oct 2011 press release
10
Rajasthan - Crude Marketing
Worldrsquos longest continuously heated amp insulated
pipeline operational
Sales arrangements in place for 155000 bopd
bull With PSU amp Private refineries
bull Discussions continue with GoI for further nominations
Crude Pricing
bull Reference to comparable low sulphur crude - Bonny
Light
bull Price represents a 10-15 discount to Brent on basis
of prices prevailing for 12 months to Sept 2011
Completion of Salaya to Bhogat section of pipeline
including Bhogat terminal amp marine facility scheduled
for H2 CY 2012
bull Access to 75 of Indiarsquos refining capacity
Viramgam
KoyaliJamnagar
Salaya
Kandla
Mangala
Delivery through ~590 km
heated pipeline
from Barmer to Salaya
Radhanpur
Bhogat
Refinery
Existing Pipelines
Pipeline Route
Tankers to Coastal Refineries
11
Rajasthan - Future Resource And Value Potential
mmbblsmmbbls
Gross Initial
In Place
Volumes
20 additional
discovered
fields including
Barmer Hill
MBA Fields
Raageshwari
and Saraswati
FDP approved
21 Billion boe
~4 Billion boe
~65 Billion boe
Contingent
In Place
MBA
STOIIP
R amp S STOIIP
In Place
Prospective
Most Likely
1293
M
468
B
293
A
78
R amp S
Gas
GIIP
Oil
STOIIP
Contingent
Resource
R amp S 12
M
477
B
151
A 66
707
2P+2C
MBA
EOR
308
MBA EOR
140
BH
+ Others
Barmer Hill
+Other Fields
Risked
Prospective
Resource
250
Risked
Prospects
Leads amp
Concepts
~25 Billion boe in
35+ prospects
Gross Reserves
Resources 1 and Potential2
1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates
2 Top 35 prospects audited by DampM risked resource 178 mmbbls
Data as per 23 March 2010 press release
12
Rajasthan - Vision For Growth
FDP
Approved
Production
175000
bopd
Current
Envisaged
Basin potential
240000 bopd
MBAbull MBA Reservoir Performance
bull EOR Pilot Implementation
bull BH Pilots and Development
bull Exploration and Appraisal
Technical and Operational
bull JV Approvals
bull Additional SalesRegulatory
bull Facilities and pipeline
bull EOR full field implementation
bull BH staged development
bull Exploration
Investment
13
Exploration Programme
RAVVAInfill drilling
completed
KG-ONN-20031
Nagayalanka-1Z discovered
Exploration amp Appraisal well
drilling in progress
PR-OSN-20041
Under Force Majeure
RJ-ON-901
Assessing new plays
generate new prospects
SL-2007-01-001
3 exploration well program 1st amp 2nd
wells encountered hydrocarbon 3rd
well drilling in progressSRI LANKA
KK-DWN-20041
Acquired 300 km2 3D
data processing in
progress
NON-OPERATED
OPERATED
Major long term player
Large proprietary database
Experienced team
Successful exploration over 10
years Success ratio ~50
Play based approach to building portfolio
Diversity of basin plays and environments
Ongoing regional petroleum system studies
ldquoDrill Bit explorationrdquo gt190 exploratory
appraisal wells
I N D I AMB-DWN-20091
Under Force Majeure
KG-DWN-982
3 appraisal wells drilled
KG-OSN-20093
Under Force
Majeure
14
Exploration - Sri Lanka Block (SL 2007-01-001)
India
SRI LANKA
50km
SL-2007-01-001
Cairn Lanka 100 Working Interest (NOC back-
in 15)
bull Cairn Indiarsquos first overseas venture
bull Block Area ~3000 km2
bull Water depth 400 -1900m
Under explored frontier basin with multiple
plays
Exploration Program
bull Drilling commenced in August 2011 3
exploration wells program
bull Successive discoveries in the two
exploration wells drilled
bull Establishment of working hydrocarbon
system in the basin
bull 3rd exploration well drilling in progress
15
Engaging with the Community
Strategic Intent
Proactive engagement with stakeholders
Demonstrate leadership in corporate citizenship
Partnering with communities through our
principles of respect relationship and
responsibility
Areas of Focus
Education
Infrastructure
Health
Economic
Development
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
2
Disclaimer
These materials contain forward-looking statements regarding Cairn India our corporate plans future financial
condi t ion future resul ts of operat ions future business plans and strategies Al l such forward- looking
statements are based on our managements assumptions and beliefs in the light of information available to
them at this time These forward-looking statements are by their nature subject to significant risks and
uncertaint ies and actual results performance and achievements may be material ly dif ferent from those
expressed in such statements Factors that may cause actual results performance or achievements to differ
from expectations include but are not limited to regulatory changes future levels of industry product supply
demand and pricing weather and weather related impacts wars and acts of terrorism development and use
of technology acts of competitors and other changes to business conditions Cairn India undertakes no
obligation to revise any such forward-looking statements to reflect any changes in Cairn Indiarsquos expectations
with regard thereto or any change in circumstances or events after the date hereof
3
Holding Structure
IPO December 2006
Listed on BSE amp NSE in January 2007
Part of NIFTY index amp DJIT30
Over 200000 Indian retail shareholders
Market Cap gtUSD11billion amongst Indiarsquos top 20
Total Equity of 1903million shares Free float ~19
DJIT30 Dow Jones India Titans 30 Index Free float excludes Cairn PLC holding
FII
64
Vedanta Group
590
Cairn PLC
218
Institutions26
Retail
101
As on 8Dec 2011
4
World Class Asset Base
Cambay (CBOS-2)
Cairn (Operator) 40
ONGC 50
Tata Petrodyne 10
Ravva (PKGM-1)
Cairn (Operator) 225
ONGC 40
Videocon 25
Ravva Oil 125
Rajasthan (RJ-ON-901)
Cairn (Operator) 70
ONGC 30
Production Blocks Exploration Potential
Sri Lanka
SL 2007-01-001 WI 100
East Coast
KG-DWN-982 WI 10
KG-ONN-20031 WI 49
PKGM-1 (Ravva) WI 225
KG-OSN-20093 WI 100
PR-OSN-20041 WI 35
Rajasthan
RJ-ON-901 WI 70
West Coast
CBOS-2 WI 40
KK-DWN-20041 WI 40
MB-DWN-20091 WI 100
Q2 FY 2011-12 Average Daily Gross operated production at 169944 boe Cairn (Working Interest) at 99220 boe
10 blocks in the Portfolio
Under Force Majure
5
Growth Strategy
Maximise
recovery from
production base
Execute
Rajasthan
development
Maximise
Potential in
Rajasthan
Identify
new growth
opportunities
Increased Ravva
reserves by 20 in
2010
gt16 years of low cost
operations in Ravva
Initiatives to slow
down production
decline ndash 4D seismic
Infill drilling
GBA agreement for
sharing gas from the
shared reservoir in
CBOS-2
Mangala completed 2
years of production
current production-
125kbopd
Crude transports
through Pipeline
MBA approved peak
production at 175
kbopd
Increased recovery
through EOR pilot
progressing well
gt3000 km2 in Barmer
Basin under contract
Resource base at 65
bn boe
Monetise Barmer Hill
(BH) amp Other Fields
BH DoC filed FDP
under preparation
Vision to produce 240
kbopd significant
part from MBA
Discovery in first
overseas venture in
Sri Lanka
Exploration and
Appraisal drilling in
KG-ONN-20031
New plays in
Rajasthan
Existing portfolio
enhancement
GBA Gas Balancing Agreement MBA Mangala Bhagyam Aishwariya subject to JV and GoI approval amp additional investments
6
Financial Highlights
CFFO is calculated as profit after tax (excluding other income) prior to non-cash expenses (non-cash employee cost
depreciation depletion amortisation and deferred tax) and exploration cost without adjusting exceptional item
The company started sharing Profit Petroleum with the GoI in the Rajasthan block at the rate of 20 under the
Production Sharing Contract (PSC) framework
till 30 Sept 2011
Q2 FY 2011-12 USD million
Net Revenue ~578
EBIDTA ~450
NormalisedReported Profit After Tax (PAT) ~461167
Cash Flow from Operations (CFFO) ~428
Quarterly NormalisedReported EPS INR 1113401 per share
Rajasthan Capex USD million
Gross Net
Exploration 626 564
Development 3222 2255
Total 3848 2819
Net Cash as on 30th Sept 2011 at USD 1458 million
7
Financial Highlights
165
174
161
172
170
68
74
92
104
100
0 50 100 150 200
Q2 FY11
Q3 FY11
Q4 FY11
Q1 FY12
Q2 FY12
Price Realization (USDboe) Gross Production (Kbopd)
577
691
808
830
578
0 200 400 600 800
Revenue
341
448
543
610
461
0 200 400 600 800
Q2 FY11
Q3 FY11
Q4 FY11
Q1 FY12
Q2 FY12
PAT
USD Million
337
455
577
576
428
0 200 400 600 800
Cash Flow from Operations
USD Million
USD Million
PAT and CFFO are without adjusting on time exceptional item of past Rajasthan royalty costs
8
Rajasthan - Frontier to Producing Basin
Development amp ProductionExploration amp Appraisal
ViramgamGujarat
Rajasthan
Koyali
Tankers to
Coastal Refineries
Jamnagar
Salaya
Kandla
Bhogat
AishwariyaBhagyam
Mangala
Oil
Gas
Raageshwari
Mangala
Processing
Terminal
Frontier Exp
1995 - 2002
25 discoveries to date
gt3000 kmsup2 approved development area
9
Rajasthan Update
Mangala production ~125000 bopd reservoir performance as per
expectations
Produced and sold gt60 mmbbls of crude to Indian refiners gross
cumulative field revenue in excess of USD 5 billion to date
Bhagyam ready to commence production subject to GoI approval
Expect to exit FY 2011-12 at 175000bopd with the support of JV
and GoI
Development of Aishwariya underway plan to commence
production in H2 CY 2012 subject to JV and GoI approval
Significant part of currently envisaged basin potential of 240000
bopd to be met from MBA fields
Augmentation of processing capacity and pipeline infrastructure to
deliver currently envisaged basin potential in CY 2013
Total Pipe Diameter
790 mm (32rdquo)
Poly Urethane
Foam Insulation
Heat Tube
High Density
Polyethylene Wrap
MPT
Pipeline
Data as per 20 Oct 2011 press release
10
Rajasthan - Crude Marketing
Worldrsquos longest continuously heated amp insulated
pipeline operational
Sales arrangements in place for 155000 bopd
bull With PSU amp Private refineries
bull Discussions continue with GoI for further nominations
Crude Pricing
bull Reference to comparable low sulphur crude - Bonny
Light
bull Price represents a 10-15 discount to Brent on basis
of prices prevailing for 12 months to Sept 2011
Completion of Salaya to Bhogat section of pipeline
including Bhogat terminal amp marine facility scheduled
for H2 CY 2012
bull Access to 75 of Indiarsquos refining capacity
Viramgam
KoyaliJamnagar
Salaya
Kandla
Mangala
Delivery through ~590 km
heated pipeline
from Barmer to Salaya
Radhanpur
Bhogat
Refinery
Existing Pipelines
Pipeline Route
Tankers to Coastal Refineries
11
Rajasthan - Future Resource And Value Potential
mmbblsmmbbls
Gross Initial
In Place
Volumes
20 additional
discovered
fields including
Barmer Hill
MBA Fields
Raageshwari
and Saraswati
FDP approved
21 Billion boe
~4 Billion boe
~65 Billion boe
Contingent
In Place
MBA
STOIIP
R amp S STOIIP
In Place
Prospective
Most Likely
1293
M
468
B
293
A
78
R amp S
Gas
GIIP
Oil
STOIIP
Contingent
Resource
R amp S 12
M
477
B
151
A 66
707
2P+2C
MBA
EOR
308
MBA EOR
140
BH
+ Others
Barmer Hill
+Other Fields
Risked
Prospective
Resource
250
Risked
Prospects
Leads amp
Concepts
~25 Billion boe in
35+ prospects
Gross Reserves
Resources 1 and Potential2
1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates
2 Top 35 prospects audited by DampM risked resource 178 mmbbls
Data as per 23 March 2010 press release
12
Rajasthan - Vision For Growth
FDP
Approved
Production
175000
bopd
Current
Envisaged
Basin potential
240000 bopd
MBAbull MBA Reservoir Performance
bull EOR Pilot Implementation
bull BH Pilots and Development
bull Exploration and Appraisal
Technical and Operational
bull JV Approvals
bull Additional SalesRegulatory
bull Facilities and pipeline
bull EOR full field implementation
bull BH staged development
bull Exploration
Investment
13
Exploration Programme
RAVVAInfill drilling
completed
KG-ONN-20031
Nagayalanka-1Z discovered
Exploration amp Appraisal well
drilling in progress
PR-OSN-20041
Under Force Majeure
RJ-ON-901
Assessing new plays
generate new prospects
SL-2007-01-001
3 exploration well program 1st amp 2nd
wells encountered hydrocarbon 3rd
well drilling in progressSRI LANKA
KK-DWN-20041
Acquired 300 km2 3D
data processing in
progress
NON-OPERATED
OPERATED
Major long term player
Large proprietary database
Experienced team
Successful exploration over 10
years Success ratio ~50
Play based approach to building portfolio
Diversity of basin plays and environments
Ongoing regional petroleum system studies
ldquoDrill Bit explorationrdquo gt190 exploratory
appraisal wells
I N D I AMB-DWN-20091
Under Force Majeure
KG-DWN-982
3 appraisal wells drilled
KG-OSN-20093
Under Force
Majeure
14
Exploration - Sri Lanka Block (SL 2007-01-001)
India
SRI LANKA
50km
SL-2007-01-001
Cairn Lanka 100 Working Interest (NOC back-
in 15)
bull Cairn Indiarsquos first overseas venture
bull Block Area ~3000 km2
bull Water depth 400 -1900m
Under explored frontier basin with multiple
plays
Exploration Program
bull Drilling commenced in August 2011 3
exploration wells program
bull Successive discoveries in the two
exploration wells drilled
bull Establishment of working hydrocarbon
system in the basin
bull 3rd exploration well drilling in progress
15
Engaging with the Community
Strategic Intent
Proactive engagement with stakeholders
Demonstrate leadership in corporate citizenship
Partnering with communities through our
principles of respect relationship and
responsibility
Areas of Focus
Education
Infrastructure
Health
Economic
Development
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
3
Holding Structure
IPO December 2006
Listed on BSE amp NSE in January 2007
Part of NIFTY index amp DJIT30
Over 200000 Indian retail shareholders
Market Cap gtUSD11billion amongst Indiarsquos top 20
Total Equity of 1903million shares Free float ~19
DJIT30 Dow Jones India Titans 30 Index Free float excludes Cairn PLC holding
FII
64
Vedanta Group
590
Cairn PLC
218
Institutions26
Retail
101
As on 8Dec 2011
4
World Class Asset Base
Cambay (CBOS-2)
Cairn (Operator) 40
ONGC 50
Tata Petrodyne 10
Ravva (PKGM-1)
Cairn (Operator) 225
ONGC 40
Videocon 25
Ravva Oil 125
Rajasthan (RJ-ON-901)
Cairn (Operator) 70
ONGC 30
Production Blocks Exploration Potential
Sri Lanka
SL 2007-01-001 WI 100
East Coast
KG-DWN-982 WI 10
KG-ONN-20031 WI 49
PKGM-1 (Ravva) WI 225
KG-OSN-20093 WI 100
PR-OSN-20041 WI 35
Rajasthan
RJ-ON-901 WI 70
West Coast
CBOS-2 WI 40
KK-DWN-20041 WI 40
MB-DWN-20091 WI 100
Q2 FY 2011-12 Average Daily Gross operated production at 169944 boe Cairn (Working Interest) at 99220 boe
10 blocks in the Portfolio
Under Force Majure
5
Growth Strategy
Maximise
recovery from
production base
Execute
Rajasthan
development
Maximise
Potential in
Rajasthan
Identify
new growth
opportunities
Increased Ravva
reserves by 20 in
2010
gt16 years of low cost
operations in Ravva
Initiatives to slow
down production
decline ndash 4D seismic
Infill drilling
GBA agreement for
sharing gas from the
shared reservoir in
CBOS-2
Mangala completed 2
years of production
current production-
125kbopd
Crude transports
through Pipeline
MBA approved peak
production at 175
kbopd
Increased recovery
through EOR pilot
progressing well
gt3000 km2 in Barmer
Basin under contract
Resource base at 65
bn boe
Monetise Barmer Hill
(BH) amp Other Fields
BH DoC filed FDP
under preparation
Vision to produce 240
kbopd significant
part from MBA
Discovery in first
overseas venture in
Sri Lanka
Exploration and
Appraisal drilling in
KG-ONN-20031
New plays in
Rajasthan
Existing portfolio
enhancement
GBA Gas Balancing Agreement MBA Mangala Bhagyam Aishwariya subject to JV and GoI approval amp additional investments
6
Financial Highlights
CFFO is calculated as profit after tax (excluding other income) prior to non-cash expenses (non-cash employee cost
depreciation depletion amortisation and deferred tax) and exploration cost without adjusting exceptional item
The company started sharing Profit Petroleum with the GoI in the Rajasthan block at the rate of 20 under the
Production Sharing Contract (PSC) framework
till 30 Sept 2011
Q2 FY 2011-12 USD million
Net Revenue ~578
EBIDTA ~450
NormalisedReported Profit After Tax (PAT) ~461167
Cash Flow from Operations (CFFO) ~428
Quarterly NormalisedReported EPS INR 1113401 per share
Rajasthan Capex USD million
Gross Net
Exploration 626 564
Development 3222 2255
Total 3848 2819
Net Cash as on 30th Sept 2011 at USD 1458 million
7
Financial Highlights
165
174
161
172
170
68
74
92
104
100
0 50 100 150 200
Q2 FY11
Q3 FY11
Q4 FY11
Q1 FY12
Q2 FY12
Price Realization (USDboe) Gross Production (Kbopd)
577
691
808
830
578
0 200 400 600 800
Revenue
341
448
543
610
461
0 200 400 600 800
Q2 FY11
Q3 FY11
Q4 FY11
Q1 FY12
Q2 FY12
PAT
USD Million
337
455
577
576
428
0 200 400 600 800
Cash Flow from Operations
USD Million
USD Million
PAT and CFFO are without adjusting on time exceptional item of past Rajasthan royalty costs
8
Rajasthan - Frontier to Producing Basin
Development amp ProductionExploration amp Appraisal
ViramgamGujarat
Rajasthan
Koyali
Tankers to
Coastal Refineries
Jamnagar
Salaya
Kandla
Bhogat
AishwariyaBhagyam
Mangala
Oil
Gas
Raageshwari
Mangala
Processing
Terminal
Frontier Exp
1995 - 2002
25 discoveries to date
gt3000 kmsup2 approved development area
9
Rajasthan Update
Mangala production ~125000 bopd reservoir performance as per
expectations
Produced and sold gt60 mmbbls of crude to Indian refiners gross
cumulative field revenue in excess of USD 5 billion to date
Bhagyam ready to commence production subject to GoI approval
Expect to exit FY 2011-12 at 175000bopd with the support of JV
and GoI
Development of Aishwariya underway plan to commence
production in H2 CY 2012 subject to JV and GoI approval
Significant part of currently envisaged basin potential of 240000
bopd to be met from MBA fields
Augmentation of processing capacity and pipeline infrastructure to
deliver currently envisaged basin potential in CY 2013
Total Pipe Diameter
790 mm (32rdquo)
Poly Urethane
Foam Insulation
Heat Tube
High Density
Polyethylene Wrap
MPT
Pipeline
Data as per 20 Oct 2011 press release
10
Rajasthan - Crude Marketing
Worldrsquos longest continuously heated amp insulated
pipeline operational
Sales arrangements in place for 155000 bopd
bull With PSU amp Private refineries
bull Discussions continue with GoI for further nominations
Crude Pricing
bull Reference to comparable low sulphur crude - Bonny
Light
bull Price represents a 10-15 discount to Brent on basis
of prices prevailing for 12 months to Sept 2011
Completion of Salaya to Bhogat section of pipeline
including Bhogat terminal amp marine facility scheduled
for H2 CY 2012
bull Access to 75 of Indiarsquos refining capacity
Viramgam
KoyaliJamnagar
Salaya
Kandla
Mangala
Delivery through ~590 km
heated pipeline
from Barmer to Salaya
Radhanpur
Bhogat
Refinery
Existing Pipelines
Pipeline Route
Tankers to Coastal Refineries
11
Rajasthan - Future Resource And Value Potential
mmbblsmmbbls
Gross Initial
In Place
Volumes
20 additional
discovered
fields including
Barmer Hill
MBA Fields
Raageshwari
and Saraswati
FDP approved
21 Billion boe
~4 Billion boe
~65 Billion boe
Contingent
In Place
MBA
STOIIP
R amp S STOIIP
In Place
Prospective
Most Likely
1293
M
468
B
293
A
78
R amp S
Gas
GIIP
Oil
STOIIP
Contingent
Resource
R amp S 12
M
477
B
151
A 66
707
2P+2C
MBA
EOR
308
MBA EOR
140
BH
+ Others
Barmer Hill
+Other Fields
Risked
Prospective
Resource
250
Risked
Prospects
Leads amp
Concepts
~25 Billion boe in
35+ prospects
Gross Reserves
Resources 1 and Potential2
1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates
2 Top 35 prospects audited by DampM risked resource 178 mmbbls
Data as per 23 March 2010 press release
12
Rajasthan - Vision For Growth
FDP
Approved
Production
175000
bopd
Current
Envisaged
Basin potential
240000 bopd
MBAbull MBA Reservoir Performance
bull EOR Pilot Implementation
bull BH Pilots and Development
bull Exploration and Appraisal
Technical and Operational
bull JV Approvals
bull Additional SalesRegulatory
bull Facilities and pipeline
bull EOR full field implementation
bull BH staged development
bull Exploration
Investment
13
Exploration Programme
RAVVAInfill drilling
completed
KG-ONN-20031
Nagayalanka-1Z discovered
Exploration amp Appraisal well
drilling in progress
PR-OSN-20041
Under Force Majeure
RJ-ON-901
Assessing new plays
generate new prospects
SL-2007-01-001
3 exploration well program 1st amp 2nd
wells encountered hydrocarbon 3rd
well drilling in progressSRI LANKA
KK-DWN-20041
Acquired 300 km2 3D
data processing in
progress
NON-OPERATED
OPERATED
Major long term player
Large proprietary database
Experienced team
Successful exploration over 10
years Success ratio ~50
Play based approach to building portfolio
Diversity of basin plays and environments
Ongoing regional petroleum system studies
ldquoDrill Bit explorationrdquo gt190 exploratory
appraisal wells
I N D I AMB-DWN-20091
Under Force Majeure
KG-DWN-982
3 appraisal wells drilled
KG-OSN-20093
Under Force
Majeure
14
Exploration - Sri Lanka Block (SL 2007-01-001)
India
SRI LANKA
50km
SL-2007-01-001
Cairn Lanka 100 Working Interest (NOC back-
in 15)
bull Cairn Indiarsquos first overseas venture
bull Block Area ~3000 km2
bull Water depth 400 -1900m
Under explored frontier basin with multiple
plays
Exploration Program
bull Drilling commenced in August 2011 3
exploration wells program
bull Successive discoveries in the two
exploration wells drilled
bull Establishment of working hydrocarbon
system in the basin
bull 3rd exploration well drilling in progress
15
Engaging with the Community
Strategic Intent
Proactive engagement with stakeholders
Demonstrate leadership in corporate citizenship
Partnering with communities through our
principles of respect relationship and
responsibility
Areas of Focus
Education
Infrastructure
Health
Economic
Development
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
4
World Class Asset Base
Cambay (CBOS-2)
Cairn (Operator) 40
ONGC 50
Tata Petrodyne 10
Ravva (PKGM-1)
Cairn (Operator) 225
ONGC 40
Videocon 25
Ravva Oil 125
Rajasthan (RJ-ON-901)
Cairn (Operator) 70
ONGC 30
Production Blocks Exploration Potential
Sri Lanka
SL 2007-01-001 WI 100
East Coast
KG-DWN-982 WI 10
KG-ONN-20031 WI 49
PKGM-1 (Ravva) WI 225
KG-OSN-20093 WI 100
PR-OSN-20041 WI 35
Rajasthan
RJ-ON-901 WI 70
West Coast
CBOS-2 WI 40
KK-DWN-20041 WI 40
MB-DWN-20091 WI 100
Q2 FY 2011-12 Average Daily Gross operated production at 169944 boe Cairn (Working Interest) at 99220 boe
10 blocks in the Portfolio
Under Force Majure
5
Growth Strategy
Maximise
recovery from
production base
Execute
Rajasthan
development
Maximise
Potential in
Rajasthan
Identify
new growth
opportunities
Increased Ravva
reserves by 20 in
2010
gt16 years of low cost
operations in Ravva
Initiatives to slow
down production
decline ndash 4D seismic
Infill drilling
GBA agreement for
sharing gas from the
shared reservoir in
CBOS-2
Mangala completed 2
years of production
current production-
125kbopd
Crude transports
through Pipeline
MBA approved peak
production at 175
kbopd
Increased recovery
through EOR pilot
progressing well
gt3000 km2 in Barmer
Basin under contract
Resource base at 65
bn boe
Monetise Barmer Hill
(BH) amp Other Fields
BH DoC filed FDP
under preparation
Vision to produce 240
kbopd significant
part from MBA
Discovery in first
overseas venture in
Sri Lanka
Exploration and
Appraisal drilling in
KG-ONN-20031
New plays in
Rajasthan
Existing portfolio
enhancement
GBA Gas Balancing Agreement MBA Mangala Bhagyam Aishwariya subject to JV and GoI approval amp additional investments
6
Financial Highlights
CFFO is calculated as profit after tax (excluding other income) prior to non-cash expenses (non-cash employee cost
depreciation depletion amortisation and deferred tax) and exploration cost without adjusting exceptional item
The company started sharing Profit Petroleum with the GoI in the Rajasthan block at the rate of 20 under the
Production Sharing Contract (PSC) framework
till 30 Sept 2011
Q2 FY 2011-12 USD million
Net Revenue ~578
EBIDTA ~450
NormalisedReported Profit After Tax (PAT) ~461167
Cash Flow from Operations (CFFO) ~428
Quarterly NormalisedReported EPS INR 1113401 per share
Rajasthan Capex USD million
Gross Net
Exploration 626 564
Development 3222 2255
Total 3848 2819
Net Cash as on 30th Sept 2011 at USD 1458 million
7
Financial Highlights
165
174
161
172
170
68
74
92
104
100
0 50 100 150 200
Q2 FY11
Q3 FY11
Q4 FY11
Q1 FY12
Q2 FY12
Price Realization (USDboe) Gross Production (Kbopd)
577
691
808
830
578
0 200 400 600 800
Revenue
341
448
543
610
461
0 200 400 600 800
Q2 FY11
Q3 FY11
Q4 FY11
Q1 FY12
Q2 FY12
PAT
USD Million
337
455
577
576
428
0 200 400 600 800
Cash Flow from Operations
USD Million
USD Million
PAT and CFFO are without adjusting on time exceptional item of past Rajasthan royalty costs
8
Rajasthan - Frontier to Producing Basin
Development amp ProductionExploration amp Appraisal
ViramgamGujarat
Rajasthan
Koyali
Tankers to
Coastal Refineries
Jamnagar
Salaya
Kandla
Bhogat
AishwariyaBhagyam
Mangala
Oil
Gas
Raageshwari
Mangala
Processing
Terminal
Frontier Exp
1995 - 2002
25 discoveries to date
gt3000 kmsup2 approved development area
9
Rajasthan Update
Mangala production ~125000 bopd reservoir performance as per
expectations
Produced and sold gt60 mmbbls of crude to Indian refiners gross
cumulative field revenue in excess of USD 5 billion to date
Bhagyam ready to commence production subject to GoI approval
Expect to exit FY 2011-12 at 175000bopd with the support of JV
and GoI
Development of Aishwariya underway plan to commence
production in H2 CY 2012 subject to JV and GoI approval
Significant part of currently envisaged basin potential of 240000
bopd to be met from MBA fields
Augmentation of processing capacity and pipeline infrastructure to
deliver currently envisaged basin potential in CY 2013
Total Pipe Diameter
790 mm (32rdquo)
Poly Urethane
Foam Insulation
Heat Tube
High Density
Polyethylene Wrap
MPT
Pipeline
Data as per 20 Oct 2011 press release
10
Rajasthan - Crude Marketing
Worldrsquos longest continuously heated amp insulated
pipeline operational
Sales arrangements in place for 155000 bopd
bull With PSU amp Private refineries
bull Discussions continue with GoI for further nominations
Crude Pricing
bull Reference to comparable low sulphur crude - Bonny
Light
bull Price represents a 10-15 discount to Brent on basis
of prices prevailing for 12 months to Sept 2011
Completion of Salaya to Bhogat section of pipeline
including Bhogat terminal amp marine facility scheduled
for H2 CY 2012
bull Access to 75 of Indiarsquos refining capacity
Viramgam
KoyaliJamnagar
Salaya
Kandla
Mangala
Delivery through ~590 km
heated pipeline
from Barmer to Salaya
Radhanpur
Bhogat
Refinery
Existing Pipelines
Pipeline Route
Tankers to Coastal Refineries
11
Rajasthan - Future Resource And Value Potential
mmbblsmmbbls
Gross Initial
In Place
Volumes
20 additional
discovered
fields including
Barmer Hill
MBA Fields
Raageshwari
and Saraswati
FDP approved
21 Billion boe
~4 Billion boe
~65 Billion boe
Contingent
In Place
MBA
STOIIP
R amp S STOIIP
In Place
Prospective
Most Likely
1293
M
468
B
293
A
78
R amp S
Gas
GIIP
Oil
STOIIP
Contingent
Resource
R amp S 12
M
477
B
151
A 66
707
2P+2C
MBA
EOR
308
MBA EOR
140
BH
+ Others
Barmer Hill
+Other Fields
Risked
Prospective
Resource
250
Risked
Prospects
Leads amp
Concepts
~25 Billion boe in
35+ prospects
Gross Reserves
Resources 1 and Potential2
1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates
2 Top 35 prospects audited by DampM risked resource 178 mmbbls
Data as per 23 March 2010 press release
12
Rajasthan - Vision For Growth
FDP
Approved
Production
175000
bopd
Current
Envisaged
Basin potential
240000 bopd
MBAbull MBA Reservoir Performance
bull EOR Pilot Implementation
bull BH Pilots and Development
bull Exploration and Appraisal
Technical and Operational
bull JV Approvals
bull Additional SalesRegulatory
bull Facilities and pipeline
bull EOR full field implementation
bull BH staged development
bull Exploration
Investment
13
Exploration Programme
RAVVAInfill drilling
completed
KG-ONN-20031
Nagayalanka-1Z discovered
Exploration amp Appraisal well
drilling in progress
PR-OSN-20041
Under Force Majeure
RJ-ON-901
Assessing new plays
generate new prospects
SL-2007-01-001
3 exploration well program 1st amp 2nd
wells encountered hydrocarbon 3rd
well drilling in progressSRI LANKA
KK-DWN-20041
Acquired 300 km2 3D
data processing in
progress
NON-OPERATED
OPERATED
Major long term player
Large proprietary database
Experienced team
Successful exploration over 10
years Success ratio ~50
Play based approach to building portfolio
Diversity of basin plays and environments
Ongoing regional petroleum system studies
ldquoDrill Bit explorationrdquo gt190 exploratory
appraisal wells
I N D I AMB-DWN-20091
Under Force Majeure
KG-DWN-982
3 appraisal wells drilled
KG-OSN-20093
Under Force
Majeure
14
Exploration - Sri Lanka Block (SL 2007-01-001)
India
SRI LANKA
50km
SL-2007-01-001
Cairn Lanka 100 Working Interest (NOC back-
in 15)
bull Cairn Indiarsquos first overseas venture
bull Block Area ~3000 km2
bull Water depth 400 -1900m
Under explored frontier basin with multiple
plays
Exploration Program
bull Drilling commenced in August 2011 3
exploration wells program
bull Successive discoveries in the two
exploration wells drilled
bull Establishment of working hydrocarbon
system in the basin
bull 3rd exploration well drilling in progress
15
Engaging with the Community
Strategic Intent
Proactive engagement with stakeholders
Demonstrate leadership in corporate citizenship
Partnering with communities through our
principles of respect relationship and
responsibility
Areas of Focus
Education
Infrastructure
Health
Economic
Development
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
5
Growth Strategy
Maximise
recovery from
production base
Execute
Rajasthan
development
Maximise
Potential in
Rajasthan
Identify
new growth
opportunities
Increased Ravva
reserves by 20 in
2010
gt16 years of low cost
operations in Ravva
Initiatives to slow
down production
decline ndash 4D seismic
Infill drilling
GBA agreement for
sharing gas from the
shared reservoir in
CBOS-2
Mangala completed 2
years of production
current production-
125kbopd
Crude transports
through Pipeline
MBA approved peak
production at 175
kbopd
Increased recovery
through EOR pilot
progressing well
gt3000 km2 in Barmer
Basin under contract
Resource base at 65
bn boe
Monetise Barmer Hill
(BH) amp Other Fields
BH DoC filed FDP
under preparation
Vision to produce 240
kbopd significant
part from MBA
Discovery in first
overseas venture in
Sri Lanka
Exploration and
Appraisal drilling in
KG-ONN-20031
New plays in
Rajasthan
Existing portfolio
enhancement
GBA Gas Balancing Agreement MBA Mangala Bhagyam Aishwariya subject to JV and GoI approval amp additional investments
6
Financial Highlights
CFFO is calculated as profit after tax (excluding other income) prior to non-cash expenses (non-cash employee cost
depreciation depletion amortisation and deferred tax) and exploration cost without adjusting exceptional item
The company started sharing Profit Petroleum with the GoI in the Rajasthan block at the rate of 20 under the
Production Sharing Contract (PSC) framework
till 30 Sept 2011
Q2 FY 2011-12 USD million
Net Revenue ~578
EBIDTA ~450
NormalisedReported Profit After Tax (PAT) ~461167
Cash Flow from Operations (CFFO) ~428
Quarterly NormalisedReported EPS INR 1113401 per share
Rajasthan Capex USD million
Gross Net
Exploration 626 564
Development 3222 2255
Total 3848 2819
Net Cash as on 30th Sept 2011 at USD 1458 million
7
Financial Highlights
165
174
161
172
170
68
74
92
104
100
0 50 100 150 200
Q2 FY11
Q3 FY11
Q4 FY11
Q1 FY12
Q2 FY12
Price Realization (USDboe) Gross Production (Kbopd)
577
691
808
830
578
0 200 400 600 800
Revenue
341
448
543
610
461
0 200 400 600 800
Q2 FY11
Q3 FY11
Q4 FY11
Q1 FY12
Q2 FY12
PAT
USD Million
337
455
577
576
428
0 200 400 600 800
Cash Flow from Operations
USD Million
USD Million
PAT and CFFO are without adjusting on time exceptional item of past Rajasthan royalty costs
8
Rajasthan - Frontier to Producing Basin
Development amp ProductionExploration amp Appraisal
ViramgamGujarat
Rajasthan
Koyali
Tankers to
Coastal Refineries
Jamnagar
Salaya
Kandla
Bhogat
AishwariyaBhagyam
Mangala
Oil
Gas
Raageshwari
Mangala
Processing
Terminal
Frontier Exp
1995 - 2002
25 discoveries to date
gt3000 kmsup2 approved development area
9
Rajasthan Update
Mangala production ~125000 bopd reservoir performance as per
expectations
Produced and sold gt60 mmbbls of crude to Indian refiners gross
cumulative field revenue in excess of USD 5 billion to date
Bhagyam ready to commence production subject to GoI approval
Expect to exit FY 2011-12 at 175000bopd with the support of JV
and GoI
Development of Aishwariya underway plan to commence
production in H2 CY 2012 subject to JV and GoI approval
Significant part of currently envisaged basin potential of 240000
bopd to be met from MBA fields
Augmentation of processing capacity and pipeline infrastructure to
deliver currently envisaged basin potential in CY 2013
Total Pipe Diameter
790 mm (32rdquo)
Poly Urethane
Foam Insulation
Heat Tube
High Density
Polyethylene Wrap
MPT
Pipeline
Data as per 20 Oct 2011 press release
10
Rajasthan - Crude Marketing
Worldrsquos longest continuously heated amp insulated
pipeline operational
Sales arrangements in place for 155000 bopd
bull With PSU amp Private refineries
bull Discussions continue with GoI for further nominations
Crude Pricing
bull Reference to comparable low sulphur crude - Bonny
Light
bull Price represents a 10-15 discount to Brent on basis
of prices prevailing for 12 months to Sept 2011
Completion of Salaya to Bhogat section of pipeline
including Bhogat terminal amp marine facility scheduled
for H2 CY 2012
bull Access to 75 of Indiarsquos refining capacity
Viramgam
KoyaliJamnagar
Salaya
Kandla
Mangala
Delivery through ~590 km
heated pipeline
from Barmer to Salaya
Radhanpur
Bhogat
Refinery
Existing Pipelines
Pipeline Route
Tankers to Coastal Refineries
11
Rajasthan - Future Resource And Value Potential
mmbblsmmbbls
Gross Initial
In Place
Volumes
20 additional
discovered
fields including
Barmer Hill
MBA Fields
Raageshwari
and Saraswati
FDP approved
21 Billion boe
~4 Billion boe
~65 Billion boe
Contingent
In Place
MBA
STOIIP
R amp S STOIIP
In Place
Prospective
Most Likely
1293
M
468
B
293
A
78
R amp S
Gas
GIIP
Oil
STOIIP
Contingent
Resource
R amp S 12
M
477
B
151
A 66
707
2P+2C
MBA
EOR
308
MBA EOR
140
BH
+ Others
Barmer Hill
+Other Fields
Risked
Prospective
Resource
250
Risked
Prospects
Leads amp
Concepts
~25 Billion boe in
35+ prospects
Gross Reserves
Resources 1 and Potential2
1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates
2 Top 35 prospects audited by DampM risked resource 178 mmbbls
Data as per 23 March 2010 press release
12
Rajasthan - Vision For Growth
FDP
Approved
Production
175000
bopd
Current
Envisaged
Basin potential
240000 bopd
MBAbull MBA Reservoir Performance
bull EOR Pilot Implementation
bull BH Pilots and Development
bull Exploration and Appraisal
Technical and Operational
bull JV Approvals
bull Additional SalesRegulatory
bull Facilities and pipeline
bull EOR full field implementation
bull BH staged development
bull Exploration
Investment
13
Exploration Programme
RAVVAInfill drilling
completed
KG-ONN-20031
Nagayalanka-1Z discovered
Exploration amp Appraisal well
drilling in progress
PR-OSN-20041
Under Force Majeure
RJ-ON-901
Assessing new plays
generate new prospects
SL-2007-01-001
3 exploration well program 1st amp 2nd
wells encountered hydrocarbon 3rd
well drilling in progressSRI LANKA
KK-DWN-20041
Acquired 300 km2 3D
data processing in
progress
NON-OPERATED
OPERATED
Major long term player
Large proprietary database
Experienced team
Successful exploration over 10
years Success ratio ~50
Play based approach to building portfolio
Diversity of basin plays and environments
Ongoing regional petroleum system studies
ldquoDrill Bit explorationrdquo gt190 exploratory
appraisal wells
I N D I AMB-DWN-20091
Under Force Majeure
KG-DWN-982
3 appraisal wells drilled
KG-OSN-20093
Under Force
Majeure
14
Exploration - Sri Lanka Block (SL 2007-01-001)
India
SRI LANKA
50km
SL-2007-01-001
Cairn Lanka 100 Working Interest (NOC back-
in 15)
bull Cairn Indiarsquos first overseas venture
bull Block Area ~3000 km2
bull Water depth 400 -1900m
Under explored frontier basin with multiple
plays
Exploration Program
bull Drilling commenced in August 2011 3
exploration wells program
bull Successive discoveries in the two
exploration wells drilled
bull Establishment of working hydrocarbon
system in the basin
bull 3rd exploration well drilling in progress
15
Engaging with the Community
Strategic Intent
Proactive engagement with stakeholders
Demonstrate leadership in corporate citizenship
Partnering with communities through our
principles of respect relationship and
responsibility
Areas of Focus
Education
Infrastructure
Health
Economic
Development
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
6
Financial Highlights
CFFO is calculated as profit after tax (excluding other income) prior to non-cash expenses (non-cash employee cost
depreciation depletion amortisation and deferred tax) and exploration cost without adjusting exceptional item
The company started sharing Profit Petroleum with the GoI in the Rajasthan block at the rate of 20 under the
Production Sharing Contract (PSC) framework
till 30 Sept 2011
Q2 FY 2011-12 USD million
Net Revenue ~578
EBIDTA ~450
NormalisedReported Profit After Tax (PAT) ~461167
Cash Flow from Operations (CFFO) ~428
Quarterly NormalisedReported EPS INR 1113401 per share
Rajasthan Capex USD million
Gross Net
Exploration 626 564
Development 3222 2255
Total 3848 2819
Net Cash as on 30th Sept 2011 at USD 1458 million
7
Financial Highlights
165
174
161
172
170
68
74
92
104
100
0 50 100 150 200
Q2 FY11
Q3 FY11
Q4 FY11
Q1 FY12
Q2 FY12
Price Realization (USDboe) Gross Production (Kbopd)
577
691
808
830
578
0 200 400 600 800
Revenue
341
448
543
610
461
0 200 400 600 800
Q2 FY11
Q3 FY11
Q4 FY11
Q1 FY12
Q2 FY12
PAT
USD Million
337
455
577
576
428
0 200 400 600 800
Cash Flow from Operations
USD Million
USD Million
PAT and CFFO are without adjusting on time exceptional item of past Rajasthan royalty costs
8
Rajasthan - Frontier to Producing Basin
Development amp ProductionExploration amp Appraisal
ViramgamGujarat
Rajasthan
Koyali
Tankers to
Coastal Refineries
Jamnagar
Salaya
Kandla
Bhogat
AishwariyaBhagyam
Mangala
Oil
Gas
Raageshwari
Mangala
Processing
Terminal
Frontier Exp
1995 - 2002
25 discoveries to date
gt3000 kmsup2 approved development area
9
Rajasthan Update
Mangala production ~125000 bopd reservoir performance as per
expectations
Produced and sold gt60 mmbbls of crude to Indian refiners gross
cumulative field revenue in excess of USD 5 billion to date
Bhagyam ready to commence production subject to GoI approval
Expect to exit FY 2011-12 at 175000bopd with the support of JV
and GoI
Development of Aishwariya underway plan to commence
production in H2 CY 2012 subject to JV and GoI approval
Significant part of currently envisaged basin potential of 240000
bopd to be met from MBA fields
Augmentation of processing capacity and pipeline infrastructure to
deliver currently envisaged basin potential in CY 2013
Total Pipe Diameter
790 mm (32rdquo)
Poly Urethane
Foam Insulation
Heat Tube
High Density
Polyethylene Wrap
MPT
Pipeline
Data as per 20 Oct 2011 press release
10
Rajasthan - Crude Marketing
Worldrsquos longest continuously heated amp insulated
pipeline operational
Sales arrangements in place for 155000 bopd
bull With PSU amp Private refineries
bull Discussions continue with GoI for further nominations
Crude Pricing
bull Reference to comparable low sulphur crude - Bonny
Light
bull Price represents a 10-15 discount to Brent on basis
of prices prevailing for 12 months to Sept 2011
Completion of Salaya to Bhogat section of pipeline
including Bhogat terminal amp marine facility scheduled
for H2 CY 2012
bull Access to 75 of Indiarsquos refining capacity
Viramgam
KoyaliJamnagar
Salaya
Kandla
Mangala
Delivery through ~590 km
heated pipeline
from Barmer to Salaya
Radhanpur
Bhogat
Refinery
Existing Pipelines
Pipeline Route
Tankers to Coastal Refineries
11
Rajasthan - Future Resource And Value Potential
mmbblsmmbbls
Gross Initial
In Place
Volumes
20 additional
discovered
fields including
Barmer Hill
MBA Fields
Raageshwari
and Saraswati
FDP approved
21 Billion boe
~4 Billion boe
~65 Billion boe
Contingent
In Place
MBA
STOIIP
R amp S STOIIP
In Place
Prospective
Most Likely
1293
M
468
B
293
A
78
R amp S
Gas
GIIP
Oil
STOIIP
Contingent
Resource
R amp S 12
M
477
B
151
A 66
707
2P+2C
MBA
EOR
308
MBA EOR
140
BH
+ Others
Barmer Hill
+Other Fields
Risked
Prospective
Resource
250
Risked
Prospects
Leads amp
Concepts
~25 Billion boe in
35+ prospects
Gross Reserves
Resources 1 and Potential2
1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates
2 Top 35 prospects audited by DampM risked resource 178 mmbbls
Data as per 23 March 2010 press release
12
Rajasthan - Vision For Growth
FDP
Approved
Production
175000
bopd
Current
Envisaged
Basin potential
240000 bopd
MBAbull MBA Reservoir Performance
bull EOR Pilot Implementation
bull BH Pilots and Development
bull Exploration and Appraisal
Technical and Operational
bull JV Approvals
bull Additional SalesRegulatory
bull Facilities and pipeline
bull EOR full field implementation
bull BH staged development
bull Exploration
Investment
13
Exploration Programme
RAVVAInfill drilling
completed
KG-ONN-20031
Nagayalanka-1Z discovered
Exploration amp Appraisal well
drilling in progress
PR-OSN-20041
Under Force Majeure
RJ-ON-901
Assessing new plays
generate new prospects
SL-2007-01-001
3 exploration well program 1st amp 2nd
wells encountered hydrocarbon 3rd
well drilling in progressSRI LANKA
KK-DWN-20041
Acquired 300 km2 3D
data processing in
progress
NON-OPERATED
OPERATED
Major long term player
Large proprietary database
Experienced team
Successful exploration over 10
years Success ratio ~50
Play based approach to building portfolio
Diversity of basin plays and environments
Ongoing regional petroleum system studies
ldquoDrill Bit explorationrdquo gt190 exploratory
appraisal wells
I N D I AMB-DWN-20091
Under Force Majeure
KG-DWN-982
3 appraisal wells drilled
KG-OSN-20093
Under Force
Majeure
14
Exploration - Sri Lanka Block (SL 2007-01-001)
India
SRI LANKA
50km
SL-2007-01-001
Cairn Lanka 100 Working Interest (NOC back-
in 15)
bull Cairn Indiarsquos first overseas venture
bull Block Area ~3000 km2
bull Water depth 400 -1900m
Under explored frontier basin with multiple
plays
Exploration Program
bull Drilling commenced in August 2011 3
exploration wells program
bull Successive discoveries in the two
exploration wells drilled
bull Establishment of working hydrocarbon
system in the basin
bull 3rd exploration well drilling in progress
15
Engaging with the Community
Strategic Intent
Proactive engagement with stakeholders
Demonstrate leadership in corporate citizenship
Partnering with communities through our
principles of respect relationship and
responsibility
Areas of Focus
Education
Infrastructure
Health
Economic
Development
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
7
Financial Highlights
165
174
161
172
170
68
74
92
104
100
0 50 100 150 200
Q2 FY11
Q3 FY11
Q4 FY11
Q1 FY12
Q2 FY12
Price Realization (USDboe) Gross Production (Kbopd)
577
691
808
830
578
0 200 400 600 800
Revenue
341
448
543
610
461
0 200 400 600 800
Q2 FY11
Q3 FY11
Q4 FY11
Q1 FY12
Q2 FY12
PAT
USD Million
337
455
577
576
428
0 200 400 600 800
Cash Flow from Operations
USD Million
USD Million
PAT and CFFO are without adjusting on time exceptional item of past Rajasthan royalty costs
8
Rajasthan - Frontier to Producing Basin
Development amp ProductionExploration amp Appraisal
ViramgamGujarat
Rajasthan
Koyali
Tankers to
Coastal Refineries
Jamnagar
Salaya
Kandla
Bhogat
AishwariyaBhagyam
Mangala
Oil
Gas
Raageshwari
Mangala
Processing
Terminal
Frontier Exp
1995 - 2002
25 discoveries to date
gt3000 kmsup2 approved development area
9
Rajasthan Update
Mangala production ~125000 bopd reservoir performance as per
expectations
Produced and sold gt60 mmbbls of crude to Indian refiners gross
cumulative field revenue in excess of USD 5 billion to date
Bhagyam ready to commence production subject to GoI approval
Expect to exit FY 2011-12 at 175000bopd with the support of JV
and GoI
Development of Aishwariya underway plan to commence
production in H2 CY 2012 subject to JV and GoI approval
Significant part of currently envisaged basin potential of 240000
bopd to be met from MBA fields
Augmentation of processing capacity and pipeline infrastructure to
deliver currently envisaged basin potential in CY 2013
Total Pipe Diameter
790 mm (32rdquo)
Poly Urethane
Foam Insulation
Heat Tube
High Density
Polyethylene Wrap
MPT
Pipeline
Data as per 20 Oct 2011 press release
10
Rajasthan - Crude Marketing
Worldrsquos longest continuously heated amp insulated
pipeline operational
Sales arrangements in place for 155000 bopd
bull With PSU amp Private refineries
bull Discussions continue with GoI for further nominations
Crude Pricing
bull Reference to comparable low sulphur crude - Bonny
Light
bull Price represents a 10-15 discount to Brent on basis
of prices prevailing for 12 months to Sept 2011
Completion of Salaya to Bhogat section of pipeline
including Bhogat terminal amp marine facility scheduled
for H2 CY 2012
bull Access to 75 of Indiarsquos refining capacity
Viramgam
KoyaliJamnagar
Salaya
Kandla
Mangala
Delivery through ~590 km
heated pipeline
from Barmer to Salaya
Radhanpur
Bhogat
Refinery
Existing Pipelines
Pipeline Route
Tankers to Coastal Refineries
11
Rajasthan - Future Resource And Value Potential
mmbblsmmbbls
Gross Initial
In Place
Volumes
20 additional
discovered
fields including
Barmer Hill
MBA Fields
Raageshwari
and Saraswati
FDP approved
21 Billion boe
~4 Billion boe
~65 Billion boe
Contingent
In Place
MBA
STOIIP
R amp S STOIIP
In Place
Prospective
Most Likely
1293
M
468
B
293
A
78
R amp S
Gas
GIIP
Oil
STOIIP
Contingent
Resource
R amp S 12
M
477
B
151
A 66
707
2P+2C
MBA
EOR
308
MBA EOR
140
BH
+ Others
Barmer Hill
+Other Fields
Risked
Prospective
Resource
250
Risked
Prospects
Leads amp
Concepts
~25 Billion boe in
35+ prospects
Gross Reserves
Resources 1 and Potential2
1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates
2 Top 35 prospects audited by DampM risked resource 178 mmbbls
Data as per 23 March 2010 press release
12
Rajasthan - Vision For Growth
FDP
Approved
Production
175000
bopd
Current
Envisaged
Basin potential
240000 bopd
MBAbull MBA Reservoir Performance
bull EOR Pilot Implementation
bull BH Pilots and Development
bull Exploration and Appraisal
Technical and Operational
bull JV Approvals
bull Additional SalesRegulatory
bull Facilities and pipeline
bull EOR full field implementation
bull BH staged development
bull Exploration
Investment
13
Exploration Programme
RAVVAInfill drilling
completed
KG-ONN-20031
Nagayalanka-1Z discovered
Exploration amp Appraisal well
drilling in progress
PR-OSN-20041
Under Force Majeure
RJ-ON-901
Assessing new plays
generate new prospects
SL-2007-01-001
3 exploration well program 1st amp 2nd
wells encountered hydrocarbon 3rd
well drilling in progressSRI LANKA
KK-DWN-20041
Acquired 300 km2 3D
data processing in
progress
NON-OPERATED
OPERATED
Major long term player
Large proprietary database
Experienced team
Successful exploration over 10
years Success ratio ~50
Play based approach to building portfolio
Diversity of basin plays and environments
Ongoing regional petroleum system studies
ldquoDrill Bit explorationrdquo gt190 exploratory
appraisal wells
I N D I AMB-DWN-20091
Under Force Majeure
KG-DWN-982
3 appraisal wells drilled
KG-OSN-20093
Under Force
Majeure
14
Exploration - Sri Lanka Block (SL 2007-01-001)
India
SRI LANKA
50km
SL-2007-01-001
Cairn Lanka 100 Working Interest (NOC back-
in 15)
bull Cairn Indiarsquos first overseas venture
bull Block Area ~3000 km2
bull Water depth 400 -1900m
Under explored frontier basin with multiple
plays
Exploration Program
bull Drilling commenced in August 2011 3
exploration wells program
bull Successive discoveries in the two
exploration wells drilled
bull Establishment of working hydrocarbon
system in the basin
bull 3rd exploration well drilling in progress
15
Engaging with the Community
Strategic Intent
Proactive engagement with stakeholders
Demonstrate leadership in corporate citizenship
Partnering with communities through our
principles of respect relationship and
responsibility
Areas of Focus
Education
Infrastructure
Health
Economic
Development
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
8
Rajasthan - Frontier to Producing Basin
Development amp ProductionExploration amp Appraisal
ViramgamGujarat
Rajasthan
Koyali
Tankers to
Coastal Refineries
Jamnagar
Salaya
Kandla
Bhogat
AishwariyaBhagyam
Mangala
Oil
Gas
Raageshwari
Mangala
Processing
Terminal
Frontier Exp
1995 - 2002
25 discoveries to date
gt3000 kmsup2 approved development area
9
Rajasthan Update
Mangala production ~125000 bopd reservoir performance as per
expectations
Produced and sold gt60 mmbbls of crude to Indian refiners gross
cumulative field revenue in excess of USD 5 billion to date
Bhagyam ready to commence production subject to GoI approval
Expect to exit FY 2011-12 at 175000bopd with the support of JV
and GoI
Development of Aishwariya underway plan to commence
production in H2 CY 2012 subject to JV and GoI approval
Significant part of currently envisaged basin potential of 240000
bopd to be met from MBA fields
Augmentation of processing capacity and pipeline infrastructure to
deliver currently envisaged basin potential in CY 2013
Total Pipe Diameter
790 mm (32rdquo)
Poly Urethane
Foam Insulation
Heat Tube
High Density
Polyethylene Wrap
MPT
Pipeline
Data as per 20 Oct 2011 press release
10
Rajasthan - Crude Marketing
Worldrsquos longest continuously heated amp insulated
pipeline operational
Sales arrangements in place for 155000 bopd
bull With PSU amp Private refineries
bull Discussions continue with GoI for further nominations
Crude Pricing
bull Reference to comparable low sulphur crude - Bonny
Light
bull Price represents a 10-15 discount to Brent on basis
of prices prevailing for 12 months to Sept 2011
Completion of Salaya to Bhogat section of pipeline
including Bhogat terminal amp marine facility scheduled
for H2 CY 2012
bull Access to 75 of Indiarsquos refining capacity
Viramgam
KoyaliJamnagar
Salaya
Kandla
Mangala
Delivery through ~590 km
heated pipeline
from Barmer to Salaya
Radhanpur
Bhogat
Refinery
Existing Pipelines
Pipeline Route
Tankers to Coastal Refineries
11
Rajasthan - Future Resource And Value Potential
mmbblsmmbbls
Gross Initial
In Place
Volumes
20 additional
discovered
fields including
Barmer Hill
MBA Fields
Raageshwari
and Saraswati
FDP approved
21 Billion boe
~4 Billion boe
~65 Billion boe
Contingent
In Place
MBA
STOIIP
R amp S STOIIP
In Place
Prospective
Most Likely
1293
M
468
B
293
A
78
R amp S
Gas
GIIP
Oil
STOIIP
Contingent
Resource
R amp S 12
M
477
B
151
A 66
707
2P+2C
MBA
EOR
308
MBA EOR
140
BH
+ Others
Barmer Hill
+Other Fields
Risked
Prospective
Resource
250
Risked
Prospects
Leads amp
Concepts
~25 Billion boe in
35+ prospects
Gross Reserves
Resources 1 and Potential2
1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates
2 Top 35 prospects audited by DampM risked resource 178 mmbbls
Data as per 23 March 2010 press release
12
Rajasthan - Vision For Growth
FDP
Approved
Production
175000
bopd
Current
Envisaged
Basin potential
240000 bopd
MBAbull MBA Reservoir Performance
bull EOR Pilot Implementation
bull BH Pilots and Development
bull Exploration and Appraisal
Technical and Operational
bull JV Approvals
bull Additional SalesRegulatory
bull Facilities and pipeline
bull EOR full field implementation
bull BH staged development
bull Exploration
Investment
13
Exploration Programme
RAVVAInfill drilling
completed
KG-ONN-20031
Nagayalanka-1Z discovered
Exploration amp Appraisal well
drilling in progress
PR-OSN-20041
Under Force Majeure
RJ-ON-901
Assessing new plays
generate new prospects
SL-2007-01-001
3 exploration well program 1st amp 2nd
wells encountered hydrocarbon 3rd
well drilling in progressSRI LANKA
KK-DWN-20041
Acquired 300 km2 3D
data processing in
progress
NON-OPERATED
OPERATED
Major long term player
Large proprietary database
Experienced team
Successful exploration over 10
years Success ratio ~50
Play based approach to building portfolio
Diversity of basin plays and environments
Ongoing regional petroleum system studies
ldquoDrill Bit explorationrdquo gt190 exploratory
appraisal wells
I N D I AMB-DWN-20091
Under Force Majeure
KG-DWN-982
3 appraisal wells drilled
KG-OSN-20093
Under Force
Majeure
14
Exploration - Sri Lanka Block (SL 2007-01-001)
India
SRI LANKA
50km
SL-2007-01-001
Cairn Lanka 100 Working Interest (NOC back-
in 15)
bull Cairn Indiarsquos first overseas venture
bull Block Area ~3000 km2
bull Water depth 400 -1900m
Under explored frontier basin with multiple
plays
Exploration Program
bull Drilling commenced in August 2011 3
exploration wells program
bull Successive discoveries in the two
exploration wells drilled
bull Establishment of working hydrocarbon
system in the basin
bull 3rd exploration well drilling in progress
15
Engaging with the Community
Strategic Intent
Proactive engagement with stakeholders
Demonstrate leadership in corporate citizenship
Partnering with communities through our
principles of respect relationship and
responsibility
Areas of Focus
Education
Infrastructure
Health
Economic
Development
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
9
Rajasthan Update
Mangala production ~125000 bopd reservoir performance as per
expectations
Produced and sold gt60 mmbbls of crude to Indian refiners gross
cumulative field revenue in excess of USD 5 billion to date
Bhagyam ready to commence production subject to GoI approval
Expect to exit FY 2011-12 at 175000bopd with the support of JV
and GoI
Development of Aishwariya underway plan to commence
production in H2 CY 2012 subject to JV and GoI approval
Significant part of currently envisaged basin potential of 240000
bopd to be met from MBA fields
Augmentation of processing capacity and pipeline infrastructure to
deliver currently envisaged basin potential in CY 2013
Total Pipe Diameter
790 mm (32rdquo)
Poly Urethane
Foam Insulation
Heat Tube
High Density
Polyethylene Wrap
MPT
Pipeline
Data as per 20 Oct 2011 press release
10
Rajasthan - Crude Marketing
Worldrsquos longest continuously heated amp insulated
pipeline operational
Sales arrangements in place for 155000 bopd
bull With PSU amp Private refineries
bull Discussions continue with GoI for further nominations
Crude Pricing
bull Reference to comparable low sulphur crude - Bonny
Light
bull Price represents a 10-15 discount to Brent on basis
of prices prevailing for 12 months to Sept 2011
Completion of Salaya to Bhogat section of pipeline
including Bhogat terminal amp marine facility scheduled
for H2 CY 2012
bull Access to 75 of Indiarsquos refining capacity
Viramgam
KoyaliJamnagar
Salaya
Kandla
Mangala
Delivery through ~590 km
heated pipeline
from Barmer to Salaya
Radhanpur
Bhogat
Refinery
Existing Pipelines
Pipeline Route
Tankers to Coastal Refineries
11
Rajasthan - Future Resource And Value Potential
mmbblsmmbbls
Gross Initial
In Place
Volumes
20 additional
discovered
fields including
Barmer Hill
MBA Fields
Raageshwari
and Saraswati
FDP approved
21 Billion boe
~4 Billion boe
~65 Billion boe
Contingent
In Place
MBA
STOIIP
R amp S STOIIP
In Place
Prospective
Most Likely
1293
M
468
B
293
A
78
R amp S
Gas
GIIP
Oil
STOIIP
Contingent
Resource
R amp S 12
M
477
B
151
A 66
707
2P+2C
MBA
EOR
308
MBA EOR
140
BH
+ Others
Barmer Hill
+Other Fields
Risked
Prospective
Resource
250
Risked
Prospects
Leads amp
Concepts
~25 Billion boe in
35+ prospects
Gross Reserves
Resources 1 and Potential2
1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates
2 Top 35 prospects audited by DampM risked resource 178 mmbbls
Data as per 23 March 2010 press release
12
Rajasthan - Vision For Growth
FDP
Approved
Production
175000
bopd
Current
Envisaged
Basin potential
240000 bopd
MBAbull MBA Reservoir Performance
bull EOR Pilot Implementation
bull BH Pilots and Development
bull Exploration and Appraisal
Technical and Operational
bull JV Approvals
bull Additional SalesRegulatory
bull Facilities and pipeline
bull EOR full field implementation
bull BH staged development
bull Exploration
Investment
13
Exploration Programme
RAVVAInfill drilling
completed
KG-ONN-20031
Nagayalanka-1Z discovered
Exploration amp Appraisal well
drilling in progress
PR-OSN-20041
Under Force Majeure
RJ-ON-901
Assessing new plays
generate new prospects
SL-2007-01-001
3 exploration well program 1st amp 2nd
wells encountered hydrocarbon 3rd
well drilling in progressSRI LANKA
KK-DWN-20041
Acquired 300 km2 3D
data processing in
progress
NON-OPERATED
OPERATED
Major long term player
Large proprietary database
Experienced team
Successful exploration over 10
years Success ratio ~50
Play based approach to building portfolio
Diversity of basin plays and environments
Ongoing regional petroleum system studies
ldquoDrill Bit explorationrdquo gt190 exploratory
appraisal wells
I N D I AMB-DWN-20091
Under Force Majeure
KG-DWN-982
3 appraisal wells drilled
KG-OSN-20093
Under Force
Majeure
14
Exploration - Sri Lanka Block (SL 2007-01-001)
India
SRI LANKA
50km
SL-2007-01-001
Cairn Lanka 100 Working Interest (NOC back-
in 15)
bull Cairn Indiarsquos first overseas venture
bull Block Area ~3000 km2
bull Water depth 400 -1900m
Under explored frontier basin with multiple
plays
Exploration Program
bull Drilling commenced in August 2011 3
exploration wells program
bull Successive discoveries in the two
exploration wells drilled
bull Establishment of working hydrocarbon
system in the basin
bull 3rd exploration well drilling in progress
15
Engaging with the Community
Strategic Intent
Proactive engagement with stakeholders
Demonstrate leadership in corporate citizenship
Partnering with communities through our
principles of respect relationship and
responsibility
Areas of Focus
Education
Infrastructure
Health
Economic
Development
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
10
Rajasthan - Crude Marketing
Worldrsquos longest continuously heated amp insulated
pipeline operational
Sales arrangements in place for 155000 bopd
bull With PSU amp Private refineries
bull Discussions continue with GoI for further nominations
Crude Pricing
bull Reference to comparable low sulphur crude - Bonny
Light
bull Price represents a 10-15 discount to Brent on basis
of prices prevailing for 12 months to Sept 2011
Completion of Salaya to Bhogat section of pipeline
including Bhogat terminal amp marine facility scheduled
for H2 CY 2012
bull Access to 75 of Indiarsquos refining capacity
Viramgam
KoyaliJamnagar
Salaya
Kandla
Mangala
Delivery through ~590 km
heated pipeline
from Barmer to Salaya
Radhanpur
Bhogat
Refinery
Existing Pipelines
Pipeline Route
Tankers to Coastal Refineries
11
Rajasthan - Future Resource And Value Potential
mmbblsmmbbls
Gross Initial
In Place
Volumes
20 additional
discovered
fields including
Barmer Hill
MBA Fields
Raageshwari
and Saraswati
FDP approved
21 Billion boe
~4 Billion boe
~65 Billion boe
Contingent
In Place
MBA
STOIIP
R amp S STOIIP
In Place
Prospective
Most Likely
1293
M
468
B
293
A
78
R amp S
Gas
GIIP
Oil
STOIIP
Contingent
Resource
R amp S 12
M
477
B
151
A 66
707
2P+2C
MBA
EOR
308
MBA EOR
140
BH
+ Others
Barmer Hill
+Other Fields
Risked
Prospective
Resource
250
Risked
Prospects
Leads amp
Concepts
~25 Billion boe in
35+ prospects
Gross Reserves
Resources 1 and Potential2
1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates
2 Top 35 prospects audited by DampM risked resource 178 mmbbls
Data as per 23 March 2010 press release
12
Rajasthan - Vision For Growth
FDP
Approved
Production
175000
bopd
Current
Envisaged
Basin potential
240000 bopd
MBAbull MBA Reservoir Performance
bull EOR Pilot Implementation
bull BH Pilots and Development
bull Exploration and Appraisal
Technical and Operational
bull JV Approvals
bull Additional SalesRegulatory
bull Facilities and pipeline
bull EOR full field implementation
bull BH staged development
bull Exploration
Investment
13
Exploration Programme
RAVVAInfill drilling
completed
KG-ONN-20031
Nagayalanka-1Z discovered
Exploration amp Appraisal well
drilling in progress
PR-OSN-20041
Under Force Majeure
RJ-ON-901
Assessing new plays
generate new prospects
SL-2007-01-001
3 exploration well program 1st amp 2nd
wells encountered hydrocarbon 3rd
well drilling in progressSRI LANKA
KK-DWN-20041
Acquired 300 km2 3D
data processing in
progress
NON-OPERATED
OPERATED
Major long term player
Large proprietary database
Experienced team
Successful exploration over 10
years Success ratio ~50
Play based approach to building portfolio
Diversity of basin plays and environments
Ongoing regional petroleum system studies
ldquoDrill Bit explorationrdquo gt190 exploratory
appraisal wells
I N D I AMB-DWN-20091
Under Force Majeure
KG-DWN-982
3 appraisal wells drilled
KG-OSN-20093
Under Force
Majeure
14
Exploration - Sri Lanka Block (SL 2007-01-001)
India
SRI LANKA
50km
SL-2007-01-001
Cairn Lanka 100 Working Interest (NOC back-
in 15)
bull Cairn Indiarsquos first overseas venture
bull Block Area ~3000 km2
bull Water depth 400 -1900m
Under explored frontier basin with multiple
plays
Exploration Program
bull Drilling commenced in August 2011 3
exploration wells program
bull Successive discoveries in the two
exploration wells drilled
bull Establishment of working hydrocarbon
system in the basin
bull 3rd exploration well drilling in progress
15
Engaging with the Community
Strategic Intent
Proactive engagement with stakeholders
Demonstrate leadership in corporate citizenship
Partnering with communities through our
principles of respect relationship and
responsibility
Areas of Focus
Education
Infrastructure
Health
Economic
Development
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
11
Rajasthan - Future Resource And Value Potential
mmbblsmmbbls
Gross Initial
In Place
Volumes
20 additional
discovered
fields including
Barmer Hill
MBA Fields
Raageshwari
and Saraswati
FDP approved
21 Billion boe
~4 Billion boe
~65 Billion boe
Contingent
In Place
MBA
STOIIP
R amp S STOIIP
In Place
Prospective
Most Likely
1293
M
468
B
293
A
78
R amp S
Gas
GIIP
Oil
STOIIP
Contingent
Resource
R amp S 12
M
477
B
151
A 66
707
2P+2C
MBA
EOR
308
MBA EOR
140
BH
+ Others
Barmer Hill
+Other Fields
Risked
Prospective
Resource
250
Risked
Prospects
Leads amp
Concepts
~25 Billion boe in
35+ prospects
Gross Reserves
Resources 1 and Potential2
1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates
2 Top 35 prospects audited by DampM risked resource 178 mmbbls
Data as per 23 March 2010 press release
12
Rajasthan - Vision For Growth
FDP
Approved
Production
175000
bopd
Current
Envisaged
Basin potential
240000 bopd
MBAbull MBA Reservoir Performance
bull EOR Pilot Implementation
bull BH Pilots and Development
bull Exploration and Appraisal
Technical and Operational
bull JV Approvals
bull Additional SalesRegulatory
bull Facilities and pipeline
bull EOR full field implementation
bull BH staged development
bull Exploration
Investment
13
Exploration Programme
RAVVAInfill drilling
completed
KG-ONN-20031
Nagayalanka-1Z discovered
Exploration amp Appraisal well
drilling in progress
PR-OSN-20041
Under Force Majeure
RJ-ON-901
Assessing new plays
generate new prospects
SL-2007-01-001
3 exploration well program 1st amp 2nd
wells encountered hydrocarbon 3rd
well drilling in progressSRI LANKA
KK-DWN-20041
Acquired 300 km2 3D
data processing in
progress
NON-OPERATED
OPERATED
Major long term player
Large proprietary database
Experienced team
Successful exploration over 10
years Success ratio ~50
Play based approach to building portfolio
Diversity of basin plays and environments
Ongoing regional petroleum system studies
ldquoDrill Bit explorationrdquo gt190 exploratory
appraisal wells
I N D I AMB-DWN-20091
Under Force Majeure
KG-DWN-982
3 appraisal wells drilled
KG-OSN-20093
Under Force
Majeure
14
Exploration - Sri Lanka Block (SL 2007-01-001)
India
SRI LANKA
50km
SL-2007-01-001
Cairn Lanka 100 Working Interest (NOC back-
in 15)
bull Cairn Indiarsquos first overseas venture
bull Block Area ~3000 km2
bull Water depth 400 -1900m
Under explored frontier basin with multiple
plays
Exploration Program
bull Drilling commenced in August 2011 3
exploration wells program
bull Successive discoveries in the two
exploration wells drilled
bull Establishment of working hydrocarbon
system in the basin
bull 3rd exploration well drilling in progress
15
Engaging with the Community
Strategic Intent
Proactive engagement with stakeholders
Demonstrate leadership in corporate citizenship
Partnering with communities through our
principles of respect relationship and
responsibility
Areas of Focus
Education
Infrastructure
Health
Economic
Development
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
12
Rajasthan - Vision For Growth
FDP
Approved
Production
175000
bopd
Current
Envisaged
Basin potential
240000 bopd
MBAbull MBA Reservoir Performance
bull EOR Pilot Implementation
bull BH Pilots and Development
bull Exploration and Appraisal
Technical and Operational
bull JV Approvals
bull Additional SalesRegulatory
bull Facilities and pipeline
bull EOR full field implementation
bull BH staged development
bull Exploration
Investment
13
Exploration Programme
RAVVAInfill drilling
completed
KG-ONN-20031
Nagayalanka-1Z discovered
Exploration amp Appraisal well
drilling in progress
PR-OSN-20041
Under Force Majeure
RJ-ON-901
Assessing new plays
generate new prospects
SL-2007-01-001
3 exploration well program 1st amp 2nd
wells encountered hydrocarbon 3rd
well drilling in progressSRI LANKA
KK-DWN-20041
Acquired 300 km2 3D
data processing in
progress
NON-OPERATED
OPERATED
Major long term player
Large proprietary database
Experienced team
Successful exploration over 10
years Success ratio ~50
Play based approach to building portfolio
Diversity of basin plays and environments
Ongoing regional petroleum system studies
ldquoDrill Bit explorationrdquo gt190 exploratory
appraisal wells
I N D I AMB-DWN-20091
Under Force Majeure
KG-DWN-982
3 appraisal wells drilled
KG-OSN-20093
Under Force
Majeure
14
Exploration - Sri Lanka Block (SL 2007-01-001)
India
SRI LANKA
50km
SL-2007-01-001
Cairn Lanka 100 Working Interest (NOC back-
in 15)
bull Cairn Indiarsquos first overseas venture
bull Block Area ~3000 km2
bull Water depth 400 -1900m
Under explored frontier basin with multiple
plays
Exploration Program
bull Drilling commenced in August 2011 3
exploration wells program
bull Successive discoveries in the two
exploration wells drilled
bull Establishment of working hydrocarbon
system in the basin
bull 3rd exploration well drilling in progress
15
Engaging with the Community
Strategic Intent
Proactive engagement with stakeholders
Demonstrate leadership in corporate citizenship
Partnering with communities through our
principles of respect relationship and
responsibility
Areas of Focus
Education
Infrastructure
Health
Economic
Development
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
13
Exploration Programme
RAVVAInfill drilling
completed
KG-ONN-20031
Nagayalanka-1Z discovered
Exploration amp Appraisal well
drilling in progress
PR-OSN-20041
Under Force Majeure
RJ-ON-901
Assessing new plays
generate new prospects
SL-2007-01-001
3 exploration well program 1st amp 2nd
wells encountered hydrocarbon 3rd
well drilling in progressSRI LANKA
KK-DWN-20041
Acquired 300 km2 3D
data processing in
progress
NON-OPERATED
OPERATED
Major long term player
Large proprietary database
Experienced team
Successful exploration over 10
years Success ratio ~50
Play based approach to building portfolio
Diversity of basin plays and environments
Ongoing regional petroleum system studies
ldquoDrill Bit explorationrdquo gt190 exploratory
appraisal wells
I N D I AMB-DWN-20091
Under Force Majeure
KG-DWN-982
3 appraisal wells drilled
KG-OSN-20093
Under Force
Majeure
14
Exploration - Sri Lanka Block (SL 2007-01-001)
India
SRI LANKA
50km
SL-2007-01-001
Cairn Lanka 100 Working Interest (NOC back-
in 15)
bull Cairn Indiarsquos first overseas venture
bull Block Area ~3000 km2
bull Water depth 400 -1900m
Under explored frontier basin with multiple
plays
Exploration Program
bull Drilling commenced in August 2011 3
exploration wells program
bull Successive discoveries in the two
exploration wells drilled
bull Establishment of working hydrocarbon
system in the basin
bull 3rd exploration well drilling in progress
15
Engaging with the Community
Strategic Intent
Proactive engagement with stakeholders
Demonstrate leadership in corporate citizenship
Partnering with communities through our
principles of respect relationship and
responsibility
Areas of Focus
Education
Infrastructure
Health
Economic
Development
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
14
Exploration - Sri Lanka Block (SL 2007-01-001)
India
SRI LANKA
50km
SL-2007-01-001
Cairn Lanka 100 Working Interest (NOC back-
in 15)
bull Cairn Indiarsquos first overseas venture
bull Block Area ~3000 km2
bull Water depth 400 -1900m
Under explored frontier basin with multiple
plays
Exploration Program
bull Drilling commenced in August 2011 3
exploration wells program
bull Successive discoveries in the two
exploration wells drilled
bull Establishment of working hydrocarbon
system in the basin
bull 3rd exploration well drilling in progress
15
Engaging with the Community
Strategic Intent
Proactive engagement with stakeholders
Demonstrate leadership in corporate citizenship
Partnering with communities through our
principles of respect relationship and
responsibility
Areas of Focus
Education
Infrastructure
Health
Economic
Development
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
15
Engaging with the Community
Strategic Intent
Proactive engagement with stakeholders
Demonstrate leadership in corporate citizenship
Partnering with communities through our
principles of respect relationship and
responsibility
Areas of Focus
Education
Infrastructure
Health
Economic
Development
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
16
Summary
Rajasthan
bull Mangala production at its currently approved plateau of 125000 bopd
bull Delivery to domestic refiners through pipeline
bull Gross field revenue in excess of USD 5 billion
bull Enhanced oil recovery potential pilot ongoing
bull World class resource base ndash focussed on delivery amp growth
bull Vision to produce 240000 bopd achieve significant part from MBA
bull Strong economic contribution to the State of Rajasthan and Government of India
Initiatives to slow down the rate of production decline in Ravva and CB
Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl
Success through innovative application of technology
First overseas discovery made in Sri Lanka 3rd well drilling in progress
For the period Q2 FY 2011-12
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom
17
Contact Details
Investor Relations
Anurag Mantri Group Financial Controller
Email cilircairnindiacom
M +91 ndash 98103 01321
Media
Manu Kapoor Director ndash Corporate Affairs amp Communications
Email cilmediainfocairnindiacom
M +91- 97178 90260
Address
Cairn India Ltd
4th Floor Vipul Plaza
Sun City Sector-54
Gurgaon 122 002 India
wwwcairnindiacom