Hindustan Oil Exploration Co., Ltd. · NSE:HINDOILEXP
Hindustan Oil Exploration — H1 FY22 Earnings Presentation
19 slides from Hindustan Oil Exploration's earnings presentation, Nov 11, 2021
Slide 1: Cover letter to stock exchanges: 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 11, 2021 By Online The Listing Departme
Slide 2: Earnings Presentation H1/Q2-FY22
Hindustan Oil Exploration Company Limited EARNINGS PRESENTATION | H1/Q2-FY22
Slide 3: HOEC – On the Cusp of Transformation
HOEC – On the Cusp of Transformation Right Resources Right Strategy Right Environment • Established player with • Short cycle projects with • Next level of revenue and proven track record immediate production uptick cashflow generation from project delivery • Experienced and focused • Cost effective
Slide 4: 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 5: 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 Low cost operating Light Asset Model Growing responsibly Growth strategy Discovered Resources model • Focus on discovered • Follow Light-Asset • Follow a low-cos
Slide 6: Clear Strategy Delivering Cost Efficiency
Clear Strategy Delivering Cost Efficiency Lean team with Effective planning to reach Partnership with service expertise across OnG production quickly at lower providers for innovative E&P value chain cost contracting models Focus on Reducing infrastructural cost by ‘Value over Volumes’ converting ca
Slide 7: H1/Q2-FY22 Operational Highlights
H1/Q2-FY22 Operational Highlights 6
Slide 8: H1/Q2-FY22 Operational Highlights
H1/Q2-FY22 Operational Highlights Gross Production Net Production Gross Production Gross Production (BOEPD) (BOEPD) - PY-1 (BOEPD) - Dirok (BOEPD) Q2 FY22: 9,622 Q2 FY22: 2,964 Q2 FY22: 14 Q2 FY22: 8,918 Q1 FY22 : 7,689 Q1 FY22 : 2,405 Q1 FY22 : 74 Q1 FY22 : 6,912 Dirok • Dirok Field has completed 4
Slide 9: B-80: Ready for First Oil Post Monsoon – 60% PI
B-80: Ready for First Oil Post Monsoon– 60% PI* • Drilling & completion – 2 Completed subsea development wells KGB- Offshore Installation at B-80 Site • Offshore Installation(OI) for collecting, separating and Completed processing well fluids • Subsea production controls Completed and flexible flowl
Slide 10: B-80: Project Update – Remaining Scope of Work
B-80: Project Update – Remaining Scope of Work 1. CALM Buoy Installation Offshore 2. FSO - Floating Hose / Mooring Hawser Installation Works 3. Ball Valve Actuator Installation & Function Testing 1. Expro modifications and commissioning KGB Works 2. Top-sides hookup works Execution Plan for the rema
Slide 11: Dirok: E-auction for Dirok Gas Results
Dirok: E-auction for Dirok Gas Results Pipeline envisaged as part of NE gas grid Existing DNPL pipeline Margherita Gas pipeline to be laid by Dirok JV HIGHLIGHTS of E-Auction – 23rd & 24th June 2021 Current Status on E-Auction • Quantity on Offer: 1.25 mmscmd • Modalities with Oil India regarding me
Slide 12: H1/Q2-FY22 Financial Highlights
H1/Q2-FY22 Financial Highlights 11
Slide 13: Standalone Statement of Profit or Loss
Standalone Statement of Profit or Loss PARTICULARS (INR Cr) Q2-FY22 Q1-FY22 FY21 FY20 INCOME Revenue from operations 31.05 24.97 99.44 179.84 Other income 6.19 2.59 11.82 21.58 Total revenue 37.24 27.56 111.26 201.42 EXPENSES Share of Expenses from producing oil and gas blocks 5.40 5.58 22.96 26.00
Slide 14: Standalone Statement of Assets & Liabilities
Standalone Statement of Assets & Liabilities PARTICULARS (INR Cr) H1-FY22 FY21 FY20 PARTICULARS (INR Cr) H1-FY22 FY21 FY20 EQUITY AND LIABILITIES ASSETS Non-Current Asset 806.01 704.41 584.44 Equity 759.32 730.18 665.08 (a) Property, Plant and Equipment (a) Equity share capital 132.26 132.26 132.26
Slide 15: Consolidated Statement of Profit or Loss
Consolidated Statement of Profit or Loss PARTICULARS (INR Cr) Q2-FY22 Q1-FY22 FY21 FY20 INCOME Revenue from operations 39.10 30.48 113.86 202.05 Other income 6.03 1.31 11.32 21.76 Total revenue 45.13 31.79 125.18 223.81 EXPENSES Expenses from producing oil and gas blocks 6.82 6.96 29.54 35.34 Royalt
Slide 16: Consolidated Statement of Assets & Liabilities
Consolidated Statement of Assets & Liabilities PARTICULARS (INR Cr) H1-FY22 FY21 FY20 PARTICULARS (INR Cr) H1-FY22 FY21 FY20 ASSETS EQUITY AND LIABILITIES Non-Current Asset 1129.85 958.41 769.13 Equity 761.25 733.17 679.71 (a) Property, Plant and Equipment (a) Equity share capital 132.26 132.26 132.
Slide 17: Capital Market Data
Capital Market Data 250% HOEC S&P BSE Oil & Gas Index Price Data (30th September, 2021) 200% CMP (INR) 211.4 150% 52 Week H/L (INR) 222.1/60.8 100% Avg. Net Turnover (INR Mn) 160.7 50% Market Cap (INR Mn) 27,947.1 0% -50% Equity Shares Outstanding (Mn) 132.2 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21
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
THANK YOU 18
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