Description
Here all the things regardig cairn india ltd. is given starting from its history.
CAIRN INDIA
Presentation JULY 2011
COMPANY PROFILE
History
Biggest private exploration production company Founded by Bill Gammell in 1979 First UK company established in India to overcome the deregulation in oil and gas market during 1990¶s. First offshore field was Rawa followed by Lakshmi and Mangala.
COMPANY PROFILE
Board Of Directors
1. 2. 3. 4. 5. 6. 7. 8. Sir Bill Gammell - Chairman Rahul Dhir - MD & CEO Indrajit Banerjee ± ED & FO Jann Brown ± Non-Executive Director Edward Story - Independent Director Naresh Chandra - Independent Director Aman Mehta - Independent Director Dr. Omkar Goswami - Independent Director
STRATEGY
To establish commercial reserves from strategic positions company focuses on material positions. Company Philosophy : 1. Entrepreneurial spirit 2. Pioneering discoveries 3. Working in partnership to provide energy for the future 4. Unlocking the potential to deliver continued growth Cairn India focuses on : 1. Maintaining low operating costs and sustain production in existing fields 2. Executing Rajasthan Northern Fields development 3. Identifying new opportunities for growth in reserves and production
FINANCIAL HIGHLIGHTS
GROSS PRODUCTION
16 0 14 0
REVENUE
2500
2000
12 0 10 0 80 60 40
1500 1000
500
20 0 2008-2009 2 0 0 9 - 2 0 10 2 0 10 - 2 0 11
0 2008-2009
1 60 0
2009-2010
2010-2011
1 40 0
1 40 0
1200
1200
1000
1000
800 60 0 40 0 200 0 2 0 0 8 -2 0 0 9 2 0 0 9 -2 0 1 0 2 0 1 0 -2 0 1 1
800 60 0 40 0 200 0 2 0 0 8 -2 0 0 9 2 0 0 9 -2 0 1 0 2 0 1 0 -2 0 1 1
PAT
CFO
HOLDING STRUCTURE
IPO December 2006 Listed on BSE & NSE in January 2007 Part of NIFTY index & DJIT30 Over 200,000 Indian retail shareholders Market Cap >USD14 bn; amongst India¶s top 20 Total Equity of 1,902m shares; Free float >19%*
DJIT30: Dow Jones India Titans 30 Index, *Free float excludes Sesa Goa¶s holding
Cairn PLC 62%
2
WORLD CLASS ASSET BASE
PRODUCTION BLOCKS
Exploration Potential Rajasthan
Rajasthan
Claim ONGC 70% 30%
RJ-ON-90/1
WI 70%
East Coast
KG-DWN-98/2 KG-ONN-2003/1 PKGM-1 (Ravva) KG-OSN-2009/3 PR-OSN-2004/1 WI 10% WI 49% WI 22.5% WI 100% WI 35%
Cambay
Caim (operator) ONGC Tata Petrodyne 40% 50% 10%
West Coast Bawa
Cairn (Operator) ONGC Videocon Ravva Oil 22.5% 40% 25% 12.5% CB/OS-2 KK-DWN-2004/1 MB-DWN-2009/1 WI 40% WI 40% WI 100%
Sri Lanka
SL-2007-01-001 WI 100%
FY 2010-11: Average Daily Gross operated production at 149,103 boe; Cairn (Working Interest) at 83,474 boe
GROWTH STRATEGY
Maximise recovery from production base
Increased Ravva reserves by 20% in 2010 >16 years of low cost operations in Ravva Completed 4D seismic campaign in Ravva; infill drilling in progress GBA agreement for sharing gas from the shared reservoir in CB/OS-2
Execute Rajasthan development
Mangala current production:125kbopd; potential to reach 150 kbopd* Crude transports through Pipeline approved peak production at 175 kbopd Increased recovery through EOR; pilot ongoing
Maximise Potential in Rajasthan
>3,000 km2 in Barmer Basin under contract
Identify new growth opportunities
Frontier exploration drilling to commence in Sri Lanka
Resource base at 6.5 bn boe Monetise Barmer Hill (BH) & Other Fields; BH DoC filed, FDP under preparation Vision to produce 240 kbopd**
Exploration and Appraisal drilling in KG-ONN-2003/1 New plays in Rajasthan
Existing portfolio enhancement
GBA: Gas Balancing Agreement, * subject to Joint Venture (JV) and GoI approval, ** subject to JV and GoI approval & additional investments
ENGAGING WITH THE COMMUNITY
Strategic Intent
Proactive engagement with stakeholders Demonstrate leadership in corporate citizenship Partnering with communities through their principles of respect, relationship and responsibility
Areas of Focus
Education Infrastructure Health Economic Development
AWARDS
?CFO of the Year 2009-2010 INDRAJIT BENERJEE ?Limca Certificate for Mangala Development Pipeline Project 2010 ?Golden Peacock Award for Corporate Social Responsibility, 2011 ?CARE ³AAA´ rating for its INR financing 2010 ?OCEANTEX World Expo 2010 - Young Entrepreneur Award for Rahul Dhir ?Asia Pacific Oil & Gas Deal of the year 2009 ?TERI Corporate Award for Social Responsibility 2008
THANK YOU
doc_325380946.ppt
Here all the things regardig cairn india ltd. is given starting from its history.
CAIRN INDIA
Presentation JULY 2011
COMPANY PROFILE
History
Biggest private exploration production company Founded by Bill Gammell in 1979 First UK company established in India to overcome the deregulation in oil and gas market during 1990¶s. First offshore field was Rawa followed by Lakshmi and Mangala.
COMPANY PROFILE
Board Of Directors
1. 2. 3. 4. 5. 6. 7. 8. Sir Bill Gammell - Chairman Rahul Dhir - MD & CEO Indrajit Banerjee ± ED & FO Jann Brown ± Non-Executive Director Edward Story - Independent Director Naresh Chandra - Independent Director Aman Mehta - Independent Director Dr. Omkar Goswami - Independent Director
STRATEGY
To establish commercial reserves from strategic positions company focuses on material positions. Company Philosophy : 1. Entrepreneurial spirit 2. Pioneering discoveries 3. Working in partnership to provide energy for the future 4. Unlocking the potential to deliver continued growth Cairn India focuses on : 1. Maintaining low operating costs and sustain production in existing fields 2. Executing Rajasthan Northern Fields development 3. Identifying new opportunities for growth in reserves and production
FINANCIAL HIGHLIGHTS
GROSS PRODUCTION
16 0 14 0
REVENUE
2500
2000
12 0 10 0 80 60 40
1500 1000
500
20 0 2008-2009 2 0 0 9 - 2 0 10 2 0 10 - 2 0 11
0 2008-2009
1 60 0
2009-2010
2010-2011
1 40 0
1 40 0
1200
1200
1000
1000
800 60 0 40 0 200 0 2 0 0 8 -2 0 0 9 2 0 0 9 -2 0 1 0 2 0 1 0 -2 0 1 1
800 60 0 40 0 200 0 2 0 0 8 -2 0 0 9 2 0 0 9 -2 0 1 0 2 0 1 0 -2 0 1 1
PAT
CFO
HOLDING STRUCTURE
IPO December 2006 Listed on BSE & NSE in January 2007 Part of NIFTY index & DJIT30 Over 200,000 Indian retail shareholders Market Cap >USD14 bn; amongst India¶s top 20 Total Equity of 1,902m shares; Free float >19%*
DJIT30: Dow Jones India Titans 30 Index, *Free float excludes Sesa Goa¶s holding
Cairn PLC 62%
2
WORLD CLASS ASSET BASE
PRODUCTION BLOCKS
Exploration Potential Rajasthan
Rajasthan
Claim ONGC 70% 30%
RJ-ON-90/1
WI 70%
East Coast
KG-DWN-98/2 KG-ONN-2003/1 PKGM-1 (Ravva) KG-OSN-2009/3 PR-OSN-2004/1 WI 10% WI 49% WI 22.5% WI 100% WI 35%
Cambay
Caim (operator) ONGC Tata Petrodyne 40% 50% 10%
West Coast Bawa
Cairn (Operator) ONGC Videocon Ravva Oil 22.5% 40% 25% 12.5% CB/OS-2 KK-DWN-2004/1 MB-DWN-2009/1 WI 40% WI 40% WI 100%
Sri Lanka
SL-2007-01-001 WI 100%
FY 2010-11: Average Daily Gross operated production at 149,103 boe; Cairn (Working Interest) at 83,474 boe
GROWTH STRATEGY
Maximise recovery from production base
Increased Ravva reserves by 20% in 2010 >16 years of low cost operations in Ravva Completed 4D seismic campaign in Ravva; infill drilling in progress GBA agreement for sharing gas from the shared reservoir in CB/OS-2
Execute Rajasthan development
Mangala current production:125kbopd; potential to reach 150 kbopd* Crude transports through Pipeline approved peak production at 175 kbopd Increased recovery through EOR; pilot ongoing
Maximise Potential in Rajasthan
>3,000 km2 in Barmer Basin under contract
Identify new growth opportunities
Frontier exploration drilling to commence in Sri Lanka
Resource base at 6.5 bn boe Monetise Barmer Hill (BH) & Other Fields; BH DoC filed, FDP under preparation Vision to produce 240 kbopd**
Exploration and Appraisal drilling in KG-ONN-2003/1 New plays in Rajasthan
Existing portfolio enhancement
GBA: Gas Balancing Agreement, * subject to Joint Venture (JV) and GoI approval, ** subject to JV and GoI approval & additional investments
ENGAGING WITH THE COMMUNITY
Strategic Intent
Proactive engagement with stakeholders Demonstrate leadership in corporate citizenship Partnering with communities through their principles of respect, relationship and responsibility
Areas of Focus
Education Infrastructure Health Economic Development
AWARDS
?CFO of the Year 2009-2010 INDRAJIT BENERJEE ?Limca Certificate for Mangala Development Pipeline Project 2010 ?Golden Peacock Award for Corporate Social Responsibility, 2011 ?CARE ³AAA´ rating for its INR financing 2010 ?OCEANTEX World Expo 2010 - Young Entrepreneur Award for Rahul Dhir ?Asia Pacific Oil & Gas Deal of the year 2009 ?TERI Corporate Award for Social Responsibility 2008
THANK YOU
doc_325380946.ppt