Hindustan Oil Exploration Co., Ltd. · NSE:HINDOILEXP
Hindustan Oil Exploration — Q2 FY2024-25 Earnings Presentation
20 slides from Hindustan Oil Exploration's earnings presentation, Nov 15, 2024
Slide 1: Cover letter to stock exchanges on earnings presentation
Hindustan Oil Exploration Company Limited ‘Lakshmi Chambers’, 192, St. Mary’s Road, Alwarpet, Chennai - 600 018. INDIA. : 91 (044) 66229000 ● Fax: 91 (044) 66229011 / 66229012 E-mail: contact@hoec.com ● Website: www.hoec.com CIN: L11100GJ1996PLC029880 November 15, 2024 By Online The Listing Departme
Slide 2: Earnings Presentation Q2 FY 2024-25
Hindustan Oil Exploration Company Limited EARNINGS PRESENTATION Q2 FY 2024-25 November 2024
Slide 3: 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 4: 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 5: Q2 FY 2024-25 Operational Highlights
Q2 FY 2024-25 Operational Highlights 4
Slide 6: Q2 FY 2024-25 Operational Highlights
Q2 FY 2024-25 Operational Highlights Gross Production (BOEPD) Net Production (BOEPD) Q2 FY 24-25: 5,230 Q1 FY 24-25: 7,066 Q2 FY 24-25: 1,886 Q1 FY 24-25 : 2,443 H1 FY 24-25: 6,143 FY 23-24: 7,114 H1 FY 24-25: 2,163 FY 23-24: 2,730 Dirok - Average production per day • Q2 FY 24-25: Gas 15.03 mmscfd &
Slide 7: Mumbai Offshore - Operational Update
Mumbai Offshore - Operational Update B-80 56 km Sub sea USD 3.67 55 mmscfd pipeline USDRealised 9.89 (Q2 PriceFY per24-25) 640 bopd Processing 4.14 mmscfd USD 10.34 MMBTU(Q1 FY 24-25) Oil Production Capacity Gas Production Realised Price/MMBTU (Q2 FY25) (Q2 FY25) • Both the wells are operational • B
Slide 8: Dirok: Production & Phase-II development
Dirok: Production & Phase-II development Substantial Proposed North-Eastern Gas Grid 15.03 mmscfd 237 bopd contribution to Gas Production Condensate production Assam Gas (Q2 FY25) (Q2 FY25) Production • Field is having potential to produce up to 55 mmscfd after workover • North-East Gas Grid expecte
Slide 9: 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 10: Kharsang: Phase I Development Plan
Kharsang: Phase I Development Plan 352 bopd Revised FDP & Oil Production 35% Appraisal in Direct + Indirect PI (Q2 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 11: Cambay: Developments
Cambay: Developments 77 bopd 0.55 mmscfd Asjol, North Balol Oil Production Total Gas Production and Palej (Q2 FY25) (Q2 FY25) Marginal fields at Cambay • Environmental clearance obtained for drilling 2 wells each in North Balol and Asjol • Plan to drill 2 wells in North Balol in FY 24-25 • Plan to d
Slide 12: 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. • Extension for exploration granted upto 1 Feb 2025. • Applied for additional extension of
Slide 13: Q2/H1 FY 2024-25 Financial Highlights
Q2/H1 FY 2024-25 Financial Highlights 12
Slide 14: Consolidated Statement of Profit or Loss
Consolidated Statement of Profit or Loss PARTICULARS (INR Cr) Q2-FY25 Q1-FY25 FY24 FY23 INCOME Revenue from operations 94.81 136.15 749.13 558.91 Other income 4.77 10.60 18.68 8.80 Total revenue 99.58 146.75 767.81 567.71 EXPENSES Expenses from producing oil and gas blocks 51.29 69.23 278.27 176.49
Slide 15: Consolidated Statement of Assets & Liabilities
Consolidated Statement of Assets & Liabilities PARTICULARS (INR Cr) H1-FY25 FY24 FY23 PARTICULARS (INR Cr) H1-FY25 FY24 FY23 ASSETS EQUITY AND LIABILITIES Non-Current Asset 1,365.26 1,378.38 1,381.51 Equity 1,226.98 1,174.42 947.20 (a) Property, Plant and Equipment (i) Oil & gas assets 836.50 841.12
Slide 16: Standalone Statement of Profit or Loss
Standalone Statement of Profit or Loss PARTICULARS (INR Cr) Q2-FY25 Q1-FY25 FY24 FY23 INCOME Revenue from operations 47.43 65.16 464.00 381.05 Other income 6.59 12.32 32.65 27.91 Total revenue 54.01 77.48 496.65 408.96 EXPENSES Expenses from producing oil and gas blocks 49.00 65.81 267.70 169.52 Roy
Slide 17: Standalone Statement of Assets & Liabilities
Standalone Statement of Assets & Liabilities PARTICULARS (INR Cr) H1-FY25 FY24 FY23 PARTICULARS (INR Cr) H1-FY25 FY24 FY23 ASSETS EQUITY AND LIABILITIES Non-Current Asset 958.57 945.45 960.74 Equity 1,025.67 1,013.34 929.66 (a) Property, Plant and Equipment (i) Oil & gas assets 756.02 755.35 781.39
Slide 18: Capital Market Data
Capital Market Data 1 Year share price movement (As on 30 September 2024) 90% 70% 50% 30% 10% -10% -30% -50% Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 HOEC S&P BSE OIL AND GAS Price Data (As on 30th September 2024) MP (INR) 231.25 52 Week H/L (INR) 293.60/15
Slide 19: 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 20: Thank You
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Hindustan Oil Exploration Company — Q2 FY2024-25 Earnings Presentation on 6ix