Vedanta Limited · NSE:VEDL
Vedanta — Cairn India — Investor Presentation (September 2012)
11 slides from Vedanta's investor presentation, Sep 27, 2012
Slide 1: Vedanta Investor and Analysts' MPT Visit
© 2012 Cairn India Limited Vedanta Investor and Analysts’ MPT Visit 27 September 2012
Slide 2: Disclaimer
2 Disclaimer This material contains forward-looking statements regarding Cairn India and its affiliates, our corporate plans, future financial condition, future results of operations, future business plans and strategies. All such forward- looking statements are based on our management's assumptions
Slide 3: Overview
3 Overview Corporate • Amongst top 20 global independent E&P companies; Market Cap >US$11 bn • Board comprises 7 members with 4 independents • Dividend Policy approved by the Board; aim to maintain pay-out at around 20% of annual consolidated net profit Operations • Operate ~20% of India’s domestic
Slide 4: World Class Asset Base
4 World Class Asset Base 10 blocks in the Portfolio Rajasthan RJ-ON-90/1# WI 70% East Coast KG-DWN-98/2 WI 10% 6.4% KG-ONN-2003/1 WI 49% PKGM-1 (Ravva)# WI 22.5% KG-OSN-2009/3* WI 100% PR-OSN-2004/1* WI 35% West Coast CB/OS-2# WI 40% MB-DWN-2009/1* WI 100% Sri Lanka SL 2007-01-001 WI 100% South Afri
Slide 5: Financial Highlights
5 Financial Highlights FY 2011-12 FY 2010-11 Company wide Net Capex (US$ bn) Gross Operated 172,887 149,103 Till FY 2011-12 ~3.7 Production (boepd) Rajasthan 128,267 100,993 Ravva 36,379 36,942 FY 2012-13 & FY 2013-14 (E) ~2.0* Cambay 8,242 11,169 Cash Position in US$ bn as on 30 June, 2012 Revenue
Slide 6: Operational Highlights
6 Operational Highlights • Produced > 100mmbbls from Rajasthan block • Mangala field ramped up to 150,000 bopd post GoI approval • Bhagyam field currently producing at ~25,000 bopd; to be ramped up to 40,000 bopd • Raageshwari and Saraswati fields commenced production; Cumulative production from 4 f
Slide 7: Exploration Highlights
7 Exploration Highlights • Two successive discoveries in the SL Basin Type block; completed 600 km2 of 3D seismic Proven Producing • Largest onshore oil discovery in the KG basin made in KG-ONN block; Emerging appraisal activity planned to evaluate size and commerciality Prospective Immature • Signi
Slide 8: Leveraging Technology – Critical to Success
8 Leveraging Technology – Critical to Success Low-cost development drilling High technical specification screens Mobile, State-of-art ‘Rapid Rigs’ Dual artificial lift methods 3D Visualization Centre Digital down-hole monitoring Horizontal Wells Enhanced Oil Recovery Skin Effect Heat Management Syst
Slide 9: CSR Impact: > 250,000 lives touched
9 CSR Impact: > 250,000 lives touched & > INR 30 Crore invested to date Health Education Economic Infrastructure Micro • Around 120,000 • Around 20,000 Development Support Interventions benefited through students & teachers • Over 10,000 • Around 50,000 • More than 250 Health initiatives benefited t
Slide 10: Summary
10 Summary • Rajasthan o Produced more than100 mn bbls o Cumulative production at ~175,000 bopd o Delivery to refiners through the worlds’ longest continuously heated and insulated pipeline o EOR pilot project on track; FDP for full field polymer flood in Mangala submitted to OC o World class resour
Slide 11: Investor Relations
Cairn India – 2007 11 Investor Relations Anurag Pattnaik, DGM - Geology & Investor Relations Email: cilir@cairnindia.com M: +91 – 99104 87716