Hindustan Oil Exploration Co., Ltd. · NSE:HINDOILEXP
Hindustan Oil Exploration — Q1 FY2025 Earnings Presentation
19 slides from Hindustan Oil Exploration's earnings presentation, August 2024
Slide 1: Hindustan Oil Exploration Company Limited Earnings Presentation Q1 FY 2024-25
Hindustan Oil Exploration Company Limited EARNINGS PRESENTATION Q1 FY 2024-25 August 2024
Slide 2: Tailored Asset Portfolio with Broad Geographical Presence
Tailored Asset Portfolio with Broad Geographical Presence Onshore Offshore Onshore Offshore Onshore Oil Well Oil Well Gas Gas Exploration • India Focused Asset Portfolio tailored to deliver our strategy of rapid development of discovered resources • Strong offshore presence with anchor assets on bot
Slide 3: Focused Strategy for Value Generation
Focused Strategy for Value Generation Uniquely placed with right organization and right asset portfolio to deliver superior value Focus on Growth strategy Growing responsibly Discovered Resources • Focus on discovered oil and gas • Build on Offshore Operating Edge • Create long-term stakeholder valu
Slide 4: Q1 FY 2024-25 Operational Highlights
Q1 FY 2024-25 Operational Highlights 4
Slide 5: Q1 FY 2024-25 Operational Highlights
Q1 FY 2024-25 Operational Highlights Gross Production (BOEPD) Net Production (BOEPD) Q1 FY 24-25: 7,066 Q4 FY 23-24 : 7,298 Q1 FY 24-25: 2,443 Q4 FY 23-24 : 2,644 FY 23-24: 7,114 FY 22-23: 10,101 FY 23-24: 2,730 FY 22-23: 3,759 Dirok - Average production per day • Q1 FY 24-25: Gas 22.65 mmscfd & Con
Slide 6: B-80 Operational Update
B-80 Operational Update USD 3.67 55 mmscfd 56 km USDRealised 10.34 (Q1 PriceFY per 24-25) 740 bopd Processing 4.35 mmscfd Sub sea USD 17.54 MMBTU(Q4 FY 23-24) Oil Production Capacity pipeline Gas Production Realised Price/MMBTU (Q1 FY25) (Q1 FY25) • Both the wells are operational • Blockage in the e
Slide 7: Dirok: Production & Phase-II development
Dirok: Production & Phase-II development Substantial Proposed North-Eastern Gas Grid 22.65 mmscfd 432 bopd contribution to Gas Production Condensate production Assam Gas (Q1 FY25) (Q1 FY25) Production • Field is having potential to produce up to 55 mmscfd after workover • North-East Gas Grid expecte
Slide 8: PY-1: Redevelopment
PY-1: Redevelopment Offshore 55 mmscfd 56 km Processing Sub sea Platform Capacity pipeline • Production Sharing Contract stands extended till October 5, 2030 • Offshore platform in Cauvery Basin with 8 slots and four wells drilled • Unique, gas-bearing and the only offshore fractured granitic baseme
Slide 9: Kharsang: Phase I Development Plan
Kharsang: Phase I Development Plan 381 bopd Revised FDP & Oil Production 35% Appraisal in Direct + Indirect PI (Q1 FY25) progress • After acquisition of 50% share capital in GeoEnpro, HOEC holds 35% participating interest in the Block as well as Operatorship through subsidiary • Kharsang oilfield is
Slide 10: Cambay: Developments
Cambay: Developments 87 bopd 0.47 mmscfd Asjol, North Balol Oil Production Total Gas Production and Palej (Q1 FY25) (Q1 FY25) Marginal fields at Cambay • Environmental clearance for drilling 2 wells each in North Balol and Asjol cleared and awaiting formal minutes • Plan to drill 2 horizontal wells
Slide 11: Exploration Update
Exploration Update Block AA-ONHP-2017/19 • Reprocessed the 3D Seismic data and final well locations released • This block is in between Dirok and Kharsang ; analogue to Dirok • EC clearance has been obtained. • Due to heavy rain, civil works for drilling pad and approach road is delayed. • Applied f
Slide 12: Q1/3M FY 2024-25 Financial Highlights
Q1/3M FY 2024-25 Financial Highlights 12
Slide 13: Consolidated Statement of Profit or Loss
Consolidated Statement of Profit or Loss PARTICULARS (INR Cr) Q1-FY25 Q4-FY24 FY24 FY23 INCOME Revenue from operations 136.15 289.61 749.13 558.91 Other income 10.60 3.00 18.68 8.80 Total revenue 146.75 292.61 767.81 567.71 EXPENSES Expenses from producing oil and gas blocks 69.23 69.87 278.27 176.4
Slide 14: Consolidated Statement of Assets & Liabilities
Consolidated Statement of Assets & Liabilities PARTICULARS (INR Cr) FY24 FY23 FY22 PARTICULARS (INR Cr) FY24 FY23 FY22 ASSETS EQUITY AND LIABILITIES Non-Current Asset 1,378.38 1,381.51 1,387.44 Equity 1174.42 947.20 753.12 (a) Property, Plant and Equipment (a) Equity share capital 132.26 132.26 132.
Slide 15: Standalone Statement of Profit or Loss
Standalone Statement of Profit or Loss PARTICULARS (INR Cr) Q1-FY25 Q4-FY24 FY24 FY23 INCOME Revenue from operations 65.16 213.03 464.00 381.05 Other income 12.32 7.45 32.65 27.91 Total revenue 77.48 220.48 496.65 408.96 EXPENSES Expenses from producing oil and gas blocks 65.81 67.93 267.70 169.52 R
Slide 16: Standalone Statement of Assets & Liabilities
Standalone Statement of Assets & Liabilities PARTICULARS (INR Cr) FY24 FY23 FY22 PARTICULARS (INR Cr) FY24 FY23 FY22 EQUITY AND LIABILITIES ASSETS Non-Current Asset 945.45 960.74 990.03 Equity 1,013.34 929.67 765.97 (a) Property, Plant and Equipment (i) Oil & gas assets 755.35 781.39 275.86 (a) Equi
Slide 17: Capital Market Data
Capital Market Data 1 Year share price movement (As on 30 June 2024) 90% 70% 50% 30% 10% -10% -30% -50% Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 HOEC S&P BSE OIL AND GAS Price Data (As on 30th June 2024) MP (INR) 195.75 52 Week H/L (INR) 258.00/155.00 Avg.
Slide 18: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
Slide 19: Thank You
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