Hindustan Oil Exploration Co., Ltd. · NSE:HINDOILEXP
Hindustan Oil Exploration — Q3 FY2024-25 Earnings Presentation
20 slides from Hindustan Oil Exploration's earnings presentation, Feb 4, 2025
Slide 1: Cover letter to stock exchanges
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 February 4, 2025 By Online The Listing Departmen
Slide 2: Earnings Presentation Q3 FY 2024-25
Hindustan Oil Exploration Company Limited EARNINGS PRESENTATION Q3 FY 2024-25 February 2025
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: Q3/9M FY 2024-25 Operational Highlights
Q3/9M FY 2024-25 Operational Highlights 4
Slide 6: Q3 FY 2024-25 Operational Highlights
Q3 FY 2024-25 Operational Highlights Gross Production (BOEPD) Net Production (BOEPD) Q3 FY 24-25: 6,677 Q2 FY 24-25: 5,230 Q3 FY 24-25: 2,619 Q2 FY 24-25 : 1,886 YTD 24-25: 6,321 FY 23-24: 7,114 YTD 24-25: 2,315 FY 23-24: 2,730 Dirok - Average production per day • Q3 FY 24-25: Gas 17.79 mmscfd & Con
Slide 7: Mumbai Offshore - Operational Update
Mumbai Offshore - Operational Update B-80 56 km Sub sea USD 3.67 55957 mmscfd pipeline USDRealised 10.78 (Q3 PriceFY per 24-25) bopd Processing 7.52 mmscfd USD 9.89 (Q2 FY 24-25) MMBTU Oil Production Capacity Gas Production Realised Price/MMBTU (Q3 FY25) (Q3 FY25) • Both the wells are operational •
Slide 8: Dirok: Production & Phase-II development
Dirok: Production & Phase-II development Substantial Proposed North-Eastern Gas Grid 17.79 mmscfd 304 bopd contribution to Gas Production Condensate production Assam Gas (Q3 FY25) (Q3 FY25) Production • Field is having potential to produce up to 55 mmscfd • North-East Gas Grid expected by FY 25-26 •
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 358 bopd Revised FDP Oil Production 35% submitted & Appraisal Direct + Indirect PI (Q3 FY25) is in progress • GeoEnpro, a wholly-owned step-down subsidiary of HOEC, is the Operator • HOEC’s subsidiary together with GeoEnpro holds 35% participating interest in the B
Slide 11: Cambay: Developments
Cambay: Developments 73 bopd 0.56 mmscfd Asjol, North Balol Oil Production Total Gas Production and Palej (Q3 FY25) (Q3 FY25) Marginal fields at Cambay • Environmental clearance obtained for drilling 2 wells each in North Balol and Asjol • Plan to workover two wells and drill one new well in North B
Slide 12: Exploration Update
Exploration Update Block AA-ONHP-2017/19 • Reprocessed the 3D Seismic data and PSDM data interpreted, and final well locations released • This block is in between Dirok and Kharsang ; analogue to Dirok • EC clearance has been obtained. • Awaiting extension for exploration for one more year • Approac
Slide 13: Q3/9M FY 2024-25 Financial Highlights
Q3/9M FY 2024-25 Financial Highlights 12
Slide 14: Consolidated Statement of Profit or Loss
Consolidated Statement of Profit or Loss PARTICULARS (INR Cr) Q3-FY25 Q2-FY25 FY24 FY23 INCOME Revenue from operations 146.52 94.81 749.13 558.91 Other income 3.67 4.77 18.68 8.80 Total revenue 150.19 99.58 767.81 567.71 EXPENSES Expenses from producing oil and gas blocks 74.41 51.29 278.27 176.49 R
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 Q2-FY25 FY24 FY23 INCOME Revenue from operations 63.27 47.43 464.00 381.05 Other income 6.79 6.59 32.65 27.91 Total revenue 70.06 54.01 496.65 408.96 EXPENSES Expenses from producing oil and gas blocks 71.92 49.00 267.70 169.52 Roya
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 31st December 2024) 70% 50% 30% 10% -10% -30% -50% Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 HOEC S&P BSE OIL AND GAS Price Data (As on 31st December 2024) MP (INR) 231.25 52 Week H/L (INR) 293.60/156..8
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
THANK YOU 19
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