Hindustan Oil Exploration Co., Ltd. · NSE:HINDOILEXP
Hindustan Oil Exploration — Q1 FY21 Earnings Presentation
16 slides from Hindustan Oil Exploration's earnings presentation, August 2020
Slide 1: Earnings Presentation | Q1-FY21
EARNINGS PRESENTATION | Q1-FY21
Slide 2: HOEC in a Snapshot
HOEC in a Snapshot First private company in India to enter HOEC has 10 blocks with discoveries Gross production stood at 7,869 boepd the field of oil and gas exploration producing or ready to be developed and Net Production stood at and 1 exploratory block in its portfolio 3,163 boepd for FY20 P+P P
Slide 3: Geographical Presence
Geographical Presence Asjol Legend Onshore Oil Offshore Oil Onshore Offshore Onshore Well Well Gas Gas Exploration Kherem North Balol Dirok Cambay Umatara Kharsang Palej Assam Arakan Greater Dirok INDIA PY-1 Mumbai High Cauvery PY-3 B-80 3
Slide 4: Competitive Advantages
Competitive Advantages Uniquely placed with a strong organization and a quality asset portfolio. HOEC will take advantage of its position to deliver superior returns and value to all stakeholders, through a 5-pronged strategy Focus on Low cost operating Light Asset Model Growing responsibly Growth s
Slide 5: Clear Strategy to Lower Costs and Maximize Value
Clear Strategy to Lower Costs and Maximize Value Lean team with Effective planning to Relationship building expertise across reach production with service providers OnG E&P value quickly at lower cost for innovative chain contracting models Increasing Enhancing Free Cash Execution Flows Maximizing S
Slide 6: Q1-FY21 Financial Highlights
Q1-FY21 Financial Highlights 6
Slide 7: Q1-FY21 Operational Highlights
Q1-FY21 Operational Highlights Gross Production Net Production Gross Production Gross Production (BOEPD) (BOEPD) - PY-1 (BOEPD) - Dirok (BOEPD) Q1 FY21 : 7,142 Q1 FY21 : 2,118 Q1 FY21 : 276 Q1 FY21 : 6,153 FY20: 7,869 FY20: 3163 FY20: 736 FY20: 6,351 Although Production during early part of Q1 FY21
Slide 8: B-80: Project Update
B-80: Project Update Plan for execution of project work during the monsoon window (Nov – Apr) Project Update • Optimise operating costs through in- Completed house MOPU and FSO for evacuation • MOPU ready to sail-out. • Project planning is underway to • Drilling & completion of commence execution in
Slide 9: PY-3 field background
PY-3 field background • PY-3 field is located in Cauvery Basin, offshore east coast of India • HOEC operates PY-1 Gas field with an offshore platform and onshore processing facilities close to PY-3 field • PSC signed with GOI on 30th Dec 1994 • Hardy Exploration & Production (India) Inc (HEPI) – 18%
Slide 10: Standalone Statement of Profit or Loss
Standalone Statement of Profit or Loss PARTICULARS (INR Cr) Q1-FY21 Q4-FY20 FY20 FY19 INCOME Revenue from operations 21.72 28.45 179.84 236.89 Other income 5.38 6.99 21.58 10.06 Total revenue 27.10 35.44 201.42 246.95 EXPENSES Expenses from producing oil and gas blocks 5.59 6.26 26.00 28.23 Royalty,
Slide 11: Standalone Statement of Assets & Liabilities
Standalone Statement of Assets & Liabilities PARTICULARS (INR Cr) FY20 FY19 PARTICULARS (INR Cr) FY20 FY19 EQUITY AND LIABILITIES ASSETS Equity 665.08 522.34 Non-Current Asset 584.44 463.61 (a) Equity share capital 132.26 130.51 (a) Property, Plant and Equipment (b) Other equity 532.82 391.83 (i) Oi
Slide 12: Consolidated Statement of Profit or Loss
Consolidated Statement of Profit or Loss PARTICULARS (INR Cr) Q1-FY21 Q4-FY20 FY20 FY19 INCOME Revenue from operations 24.04 33.50 202.05 265.14 Other income 5.10 6.97 21.76 11.19 Total revenue 29.14 40.47 223.81 276.33 EXPENSES Expenses from producing oil and gas blocks 7.19 9.11 35.34 37.21 Royalt
Slide 13: Consolidated Statement of Assets & Liabilities
Consolidated Statement of Assets & Liabilities PARTICULARS (INR Cr) FY20 FY19 PARTICULARS (INR Cr) FY20 FY19 EQUITY AND LIABILITIES ASSETS Equity 679.71 540.24 Non-Current Asset 769.13 489.00 (a) Equity share capital 132.26 130.51 (a) Property, Plant and Equipment (b) Other equity 547.45 409.73 (i)
Slide 14: Capital Market Data
Capital Market Data S&P Oil and Gas Index HOEC Price Data (30th June, 2020) 30% 20% CMP (INR) 65.65 10% 0% 52 Week H/L (INR) 130.5/30.55 -10% -20% Avg. Net Turnover (INR Mn) 24.85 -30% -40% -50% Market Cap (INR Mn) 8,681.77 -60% -70% Equity Shares Outstanding (Mn) 132.24 1-Jan-20 1-Feb-20 1-Mar-20 1
Slide 15: 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 16: Thank You
THANK YOU 16
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