Cairn India Corporate Presentation - February 2013

copy 2013 Cairn India Limited

Corporate Presentation

February 2013

2 Corporate Presentation

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 managements assumptions and beliefs in the light of information available to them at this time These forward-looking statements are by their nature subject to significant risks and uncertainties and actual results performance and achievements may be materially different from those expressed in such statements Factors that may cause actual results performance or achievements to differ from expectations include but are not limited to regulatory changes future levels of industry product supply demand and pricing weather and weather related impacts wars and acts of terrorism development and use of technology acts of competitors and other changes to business conditions Cairn India undertakes no obligation to revise any such forward-looking statements to reflect any changes in Cairn Indias expectations with regard thereto or any change in circumstances or events after the date hereof Unless otherwise stated the reserves and resource numbers within this document represent the views of Cairn India and do not represent the views of any other party including the Government of India the Directorate General of Hydrocarbons or any of Cairn Indiarsquos joint venture partner


Overview

bull Amongst top 20 global independent EampP company Market

Cap gtUS$12bn

bull Q3 FY 2012-13 average daily gross operated production of

over 200000 boepd Currently operating ~25 of Indiarsquos

domestic oil production

bull Proven and Probable resource base over 1bn boe

bull Part of NIFTY DJIT30 amp MSCI index Free float ~31

bull Interim dividend of INR 5 per share paid for FY 2012-13 in

Nov12

ldquoFastest growing energy company in the world 2012rdquo - Platts Top 250

ldquoRunners up award to Raageshwari Oil Mine by National

Safety Awards (Mines) by GoIrdquo

ldquo16 awards in 26th Mines Safety week 2012 under aegis of DGMS Ajmerrdquo

DJIT30 Dow Jones India Titans 30 Index MSCI Morgan Stanley Composite Index

Float excludes Cairn Energy PLC holding

Vedanta Group - Twin Star Mauritius Holdings Ltd 387 Sesa Goa Ltd 184 Sesa Resources Ltd 17

Shareholding as on 23 January 2013

MF

26

Retail

25

Other

588

Vedanta Group

103

Cairn PLC

155 FII

71

FI 32


Consistent Value Creation across Upstream EampP Chain

bull Strong Balance sheet with net cash of over US$ 25 bn

bull Increasing production profile Enhanced focus on exploration

bull Strong pipeline of exploration development and production assets

bull Unique manpower skill set across the EampP value chain

Early

Beginnings

Execution

Success

Exploration

Success

Market Cap (US$)

05bn 60bn 12bn

Market Cap of Cairn Energy PLC end 1999

Well poised for

further Growth

Ravva Re-development

Rajasthan amp CBOS-2 discoveries

World class Rajasthan

development

International

Foray

Sri Lanka deepwater discoveries

S Africa entry

1999 2007 2012

Cairn India

IPO (2007) Vedanta

Acquisition


Vision and Strategy

Leverage our Strengths

bull Strong Eamp P Player

o Proven track record

of exploration and

development success

o Significant production

and cash flow

generation

bull Global Talent

o Diverse talent of

gt1400 people

bull Low Cost Operator

o Innovative application

of technology

through a focused strategy

bull Realize full potential of

world-class Rajasthan

asset through aggressive

exploration amp fast track

development

bull Build material positions in

2-3 focused core areas

internationally

bull Leverage strong presence

in India to build a larger

portfolio of Indian assets

to achieve our Vision

bull Best-in-class EampP

company

bull Balanced Portfolio of

assets

bull Partner of Choice for

Stakeholders

bull Superior business

performance


World Class Asset Portfolio

bull Q3 FY 2012-13 Average Daily Gross operated production at 205014 boe Cairn (WI - Working Interest) production at 128058 boe

bull FY 2011-12 Reserve and Resource Replacement Ratio of 175

Offshore

KG-DWN-982^ WI 10

PKGM-1 (Ravva) WI 225

KG-OSN-20093 WI 100

PR-OSN-20041 WI 35

CBOS-2 WI 40

MB-DWN-20091 WI 100

International

SL 2007-01-001 WI 100

South Africa -

Block 1

WI 60

Producing Blocks Under Force Majeure ndash GoI granted conditional approval discussions in progress for unrestricted access

Farm in agreement signed on 16 August 2012 Assignment of 60 interest and ownership granted by SA regulatory authorities other approval on schedule

^ Cairn India is in final stages of executing the farm-out to its JV partner ONGC GoI approvals have been obtained

Onshore

RJ-ON-901) WI 70

KG-ONN-20031 WI 49

SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

MB-DWN-20091

CBOS-2

RJ-ON-901

RAVVA

SL-2007-01-001

SOUTH

AFRICA BLOCK 1

Operating Blocks Non-Operating Blocks


Strong Financial Performance

Significant growth in revenue and

operating cash flow hellip hellip leading to strong balance sheet hellip

hellip providing flexibility to invest in growthhellip hellip and capital distribution

Cash Position in US$ bn as on 31 Dec 2012

Gross Cash 276

Debt (009)

Net Cash 267

Company wide Net Capex (US$ bn)

Till FY 2011-12 ~43

FY 2012-13 amp FY 2013-14 (E) ~20

bull Dividend payout policy of around 20 of

annual consolidated net profits

bull Paid Interim Cash Dividend of INR 5 per

equity share in Nov 2012 for FY 2012-13

Cash Flow from Operations (CFFO) refers to PAT (excluding other income and exceptional item) prior to non-cash expenses and

exploration costs

Capex Estimate Breakdown Rajasthan - 60 (Development 30 Exploration 30) Other Assets and New Ventures ndash 40

+39

CFFO

1745 1154

Revenue

+32

1529

2417

9m FY 2012-13

9m FY 2011-12

US

$ m


218

101

64

590

Rajasthan Operational Highlights

bull RJ Exploration approval obtained target to drill first EampA well by

end FY 2012-13

bull Production from Rajasthan block at ~175000 bopd

bull Mangala field sustained production at peak rates over last

two years currently producing ~150000 bopd post GoI

approval measures underway for plateau sustenance

bull Bhagyam field currently producing between 20-25000

bopd focus on drilling of additional wells

bull Aishwariya field development on track expect commencement

of production by end FY 2012-13

bull Production ramp up to 200-215000 bopd by end FY 2013-14

bull Mangala EOR polymer pilot successful full field implementation

will result in plateau sustenance EOR ASP pilot expected to

begin by Q1 FY 2013-14

bull Pipeline debottlenecking trials via DRA application completed

JV alignment obtained Note In line with standard industry practice we expect routine downtime of 3-5 for the MPT facilities

Subject to GoI approval Drag Reducing Agent


218

101

64

590

Rajasthan Crude Offtake

bull Sold more than 130 mm bbls of crude to Indian refiners

generated gross revenues in excess of US$ 12 bn to date

bull Current sales arrangements in excess of 175000 bopd with PSU

amp Private refineries negotiations ongoing for FY 13-14 renewal

bull Crude Pricing

o Benchmarked to comparable low sulphur crude - Bonny

Light

o Discount guidance at an average of 10-15 to Brent

bull The MPT to Salaya section of the pipeline is currently operating

at ~175000 bopd continues to safely deliver crude oil

o Recorded more than 6 million LTI-free man hours to date

o Provides access to over 16 mm bd refining capacity

o Debottlenecking trials completed JV alignment obtained

bull Work initiated on ~80 km Salaya to Bhogat section expected to

be mechanically completed in H1 CY 2013


Future Development amp Prospective

Resource

Rajasthan Resource and Value Potential

Gross

In Place

Gross EUR

Resource

Potential

(mm boe)

Expected Gross

Production

(kbopd)

1044 (~48)

Under Development

165 530 (~8) (~17)

MBARS BH + 19 Disc EXPLORATION 7278

Total

1739

3100 2168 2010 11

24

inc from

previous

Block Map with 25 discoveries to date

Note- Gross EUR Includes EOR potential of 238 mmbbls balance 70mmbbls booked as reserves MBARS ndash Mangala Bhagyam Aishwariya Raageshwari Saraswati

Company upgraded the numbers as on 31 March 2012 By end FY 2013-14 Subject to approvals

~175

300

200 - 215

Apr-12 FY 2013-14


Securing Long-Term Growth through Exploration

Focused on growing our portfolio Rajasthan ndash Realize full basin potential

Growth in India hellip hellip and focused international areas

bull Sri Lanka Opened up Mannar basin

through gas discoveries Drilling of

phase 2 exploration well advanced by

quarter to Q4FY 2012-13

bull South Africa 60 interest amp

operatorship granted by SA regulatory

authorities Tendering for acquisition of

3D seismic data complete

bull Exploration potential estimated at 530

mmboe gross recoverable risked

prospective resource

bull EampA drilling expected by end FY 2012-13

bull KG-ONN-20031 appraisal of largest

onshore discovery in KG basin

bull Ravva ldquoHigh Value High Riskrdquo deeper

prospect identified amp MC approval

received drilling planned in FY 2013-14

bull CBOS-2 Infill drilling campaign in

progress first well completed successfully

2100

1400

350

2007 2009 2011

Ne

t U

nri

ske

d P

rosp

ective

Re

so

urc

e (

mm

bo

e) Portfolio Growth


Portfolio Exploration Work Program

Block Exploration Work Program

RJ-ON-901 EampA well drilling by end FY 2012-

13

Ravva Exploration well drilling in FY

2013-14

CBOS-2 Infill drilling on going

KG-ONN-20031

Appraisal well drilling planned in

Q1 FY 2013-14 to evaluate size

amp commerciality of 2nd discovery-

Nagayalanka-SE-1

KG-DWN-982 Under divestment (GoI approvals

obtained)

KG-OSN-20093 GoI granted conditional access

discussions ongoing for

unrestricted access

PR-OSN-20041

MB-DWN-20091

SL-2007-01-001 Phase 2 Exploration drilling in

Feb 2013

Block 1 (South Africa) Tendering for acquisition of 3D

seismic data completed Successful exploration with gt10 years success ratio of ~50

Play based approach to build portfolio

Non Operated Block ndash Under divestment

SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

SOUTH AFRICA

MB-DWN-20091

CBOS-2

RJ-ON-901

BLOCK 1

RAVVA

SL-2007-01-001


High Value Exploration in Rajasthan

Received GoI approval on further exploration in the

block

Aggressive exploration program slated -

Identified ~100 prospects in the block targeting 530

mmboe gross recoverable risked prospective

resource

Plan to drill ~30 EampA wells in a year (~100 wells in 3

years)

Plan to initially drill out high potential prospects and

number of play types

Additional 3D seismic data acquisition and processing

over 3 years covering gt50 of block area

Target to drill first EampA well by end FY 2012-13

Appraisal wells

Exploration Wells

FY 2013-14

Proposed EampA Wells


NAGAYALANKA-1Z

A Arsquo

NAGAYALANKA-SE-1

Early Syn-Rift

Basement

Raghavapuram Shale

Late Syn-Rift

GolapalliSand

((

lN

0 5 km

Oil Discovery

Discovery WellRiver

KG-ONN-2003-1 Block

India

LEGEND

Nagayalanka-1z

Nagayalanka-SE-1

Nagayalanka

Arsquo

A

High Impact Exploration in KG Onshore - East Coast of

India

Established New play

bull Nagayalanka-SE discovery- largest

oil discovery in KG onshore to date

two successive oil discoveries in the

block

bull Deeper Cretaceous play established

in less explored region

bull Appraisal activity is being planned to

evaluate size and commerciality

bull Two successful wells proved Gross

oil column of 300 meters

bull Cumulative In-place volumes at

~550 mm boe

bull DoC for the first discovery filed

bull Tendering for rig amp services ongoing for appraisal drilling in Q1 FY 2013-14

to evaluate size and commerciality of Nagayalanka-SE-1

bull A total of 6 wells drilled in the block during Phase 1 amp 2


Frontier Deep Water Exploration ndash Sri Lanka

A

Arsquo

BARRACUDA DORADO

Basement

Cretaceous

Eocene

A Arsquo

Successful Frontier Deepwater Exploration

bull Dorado-91H1z First well in SL after three

decades first deep water well in SL

bull First ever discovery of hydrocarbons in SL

bull Barrcuda-1G1 2nd successive Gas

discovery

bull Establishment of a working hydrocarbon

system in the Mannar Basin

bull Potential commercial interest notification

submitted for the two discoveries

Forward programme (Phase 2)

bull Additional 600 km2 high quality 3D seismic completed

bull Exploration well drilling under Phase 2 advanced by a quarter Rig

secured amp spud planned in February 2013

A

Arsquo


Diverse and Experienced Talent Pool

Global Expertise

bull Leadership from 9 nationalities across 4

continents

bull Prior experience across more than 50 countries

Experience amp Depth

bull Strong base in India with over 1400 people

bull Young and dynamic workforce with average age

of ~37 years

bull Senior leadership experience with an average of

over 24 years

bull Geo ndash technical experience with an average of

over 11 years

bull Project amp Operations experience with an average

of over 14 years

bull Support experience with an average of over 13

years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466

IPO Current Budgeted

Support

Technical


Partnership with the Community

bull Local content development

o Through Enterprise Center

o Create pool of skilled manpower

bull Proactive engagement with stakeholders

bull Demonstrate leadership in corporate citizenship

bull Partnering with communities through our principles of

respect relationship and responsibility

Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary

bull Amongst top 20 Global independent EampP players with world-class assets

bull Proven track record of Exploration and Development success

bull Strong Balance Sheet providing flexibility to invest in growth and support dividend policy

bull Focused strategy to deliver stated Vision

o Rajasthan - Realize full potential of world-class asset through aggressive exploration and fast-

track development

o International ndash Build material position in 2-3 core areas

o India ndash Build larger portfolio of assets


218

101

64

590

Contact Details

SRI LANKA

Investor Relations

Anurag Pattnaik DGM - Geology amp Investor Relations

Email cilircairnindiacom

M +91 ndash 99104 87716

Media

Dr Sunil Bharati Head - Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91 - 99104 86055

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom


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 managements assumptions and beliefs in the light of information available to them at this time These forward-looking statements are by their nature subject to significant risks and uncertainties and actual results performance and achievements may be materially different from those expressed in such statements Factors that may cause actual results performance or achievements to differ from expectations include but are not limited to regulatory changes future levels of industry product supply demand and pricing weather and weather related impacts wars and acts of terrorism development and use of technology acts of competitors and other changes to business conditions Cairn India undertakes no obligation to revise any such forward-looking statements to reflect any changes in Cairn Indias expectations with regard thereto or any change in circumstances or events after the date hereof Unless otherwise stated the reserves and resource numbers within this document represent the views of Cairn India and do not represent the views of any other party including the Government of India the Directorate General of Hydrocarbons or any of Cairn Indiarsquos joint venture partner


Overview


Cap gtUS$12bn







Nov12









MF

26

Retail

25

Other

588

Vedanta Group

103

Cairn PLC

155 FII

71

FI 32







Early

Beginnings

Execution

Success

Exploration

Success

Market Cap (US$)

05bn 60bn 12bn


Well poised for

further Growth




development

International

Foray


S Africa entry

1999 2007 2012

Cairn India

IPO (2007) Vedanta

Acquisition


Vision and Strategy




of exploration and

development success


and cash flow

generation

bull Global Talent

o Diverse talent of

gt1400 people



of technology






development



internationally






company


assets


Stakeholders


performance





Offshore

KG-DWN-982^ WI 10


KG-OSN-20093 WI 100

PR-OSN-20041 WI 35

CBOS-2 WI 40

MB-DWN-20091 WI 100

International

SL 2007-01-001 WI 100

South Africa -

Block 1

WI 60




Onshore

RJ-ON-901) WI 70

KG-ONN-20031 WI 49

SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

MB-DWN-20091

CBOS-2

RJ-ON-901

RAVVA

SL-2007-01-001

SOUTH

AFRICA BLOCK 1








Gross Cash 276

Debt (009)

Net Cash 267


Till FY 2011-12 ~43

FY 2012-13 amp FY 2013-14 (E) ~20






exploration costs


+39

CFFO

1745 1154

Revenue

+32

1529

2417

9m FY 2012-13

9m FY 2011-12

US

$ m


218

101

64

590



end FY 2012-13

















218

101

64

590






bull Crude Pricing


Light











Resource


Gross

In Place

Gross EUR

Resource

Potential

(mm boe)

Expected Gross

Production

(kbopd)

1044 (~48)

Under Development

165 530 (~8) (~17)


Total

1739

3100 2168 2010 11

24

inc from

previous




~175

300

200 - 215

Apr-12 FY 2013-14
























2100

1400

350

2007 2009 2011

Ne

t U

nri

ske

d P

rosp

ective

Re

so

urc

e (

mm

bo

e) Portfolio Growth





13


2013-14


KG-ONN-20031




Nagayalanka-SE-1


obtained)



unrestricted access

PR-OSN-20041

MB-DWN-20091


Feb 2013





SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

SOUTH AFRICA

MB-DWN-20091

CBOS-2

RJ-ON-901

BLOCK 1

RAVVA

SL-2007-01-001




block




resource


years)






Appraisal wells

Exploration Wells

FY 2013-14



NAGAYALANKA-1Z

A Arsquo

NAGAYALANKA-SE-1

Early Syn-Rift

Basement

Raghavapuram Shale

Late Syn-Rift

GolapalliSand

((

lN

0 5 km

Oil Discovery

Discovery WellRiver

KG-ONN-2003-1 Block

India

LEGEND

Nagayalanka-1z

Nagayalanka-SE-1

Nagayalanka

Arsquo

A


India





block








~550 mm boe







A

Arsquo

BARRACUDA DORADO

Basement

Cretaceous

Eocene

A Arsquo






discovery









A

Arsquo



Global Expertise


continents





of ~37 years


over 24 years


over 11 years


of over 14 years


years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466


Support

Technical










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom


Overview


Cap gtUS$12bn







Nov12









MF

26

Retail

25

Other

588

Vedanta Group

103

Cairn PLC

155 FII

71

FI 32







Early

Beginnings

Execution

Success

Exploration

Success

Market Cap (US$)

05bn 60bn 12bn


Well poised for

further Growth




development

International

Foray


S Africa entry

1999 2007 2012

Cairn India

IPO (2007) Vedanta

Acquisition


Vision and Strategy




of exploration and

development success


and cash flow

generation

bull Global Talent

o Diverse talent of

gt1400 people



of technology






development



internationally






company


assets


Stakeholders


performance





Offshore

KG-DWN-982^ WI 10


KG-OSN-20093 WI 100

PR-OSN-20041 WI 35

CBOS-2 WI 40

MB-DWN-20091 WI 100

International

SL 2007-01-001 WI 100

South Africa -

Block 1

WI 60




Onshore

RJ-ON-901) WI 70

KG-ONN-20031 WI 49

SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

MB-DWN-20091

CBOS-2

RJ-ON-901

RAVVA

SL-2007-01-001

SOUTH

AFRICA BLOCK 1








Gross Cash 276

Debt (009)

Net Cash 267


Till FY 2011-12 ~43

FY 2012-13 amp FY 2013-14 (E) ~20






exploration costs


+39

CFFO

1745 1154

Revenue

+32

1529

2417

9m FY 2012-13

9m FY 2011-12

US

$ m


218

101

64

590



end FY 2012-13

















218

101

64

590






bull Crude Pricing


Light











Resource


Gross

In Place

Gross EUR

Resource

Potential

(mm boe)

Expected Gross

Production

(kbopd)

1044 (~48)

Under Development

165 530 (~8) (~17)


Total

1739

3100 2168 2010 11

24

inc from

previous




~175

300

200 - 215

Apr-12 FY 2013-14
























2100

1400

350

2007 2009 2011

Ne

t U

nri

ske

d P

rosp

ective

Re

so

urc

e (

mm

bo

e) Portfolio Growth





13


2013-14


KG-ONN-20031




Nagayalanka-SE-1


obtained)



unrestricted access

PR-OSN-20041

MB-DWN-20091


Feb 2013





SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

SOUTH AFRICA

MB-DWN-20091

CBOS-2

RJ-ON-901

BLOCK 1

RAVVA

SL-2007-01-001




block




resource


years)






Appraisal wells

Exploration Wells

FY 2013-14



NAGAYALANKA-1Z

A Arsquo

NAGAYALANKA-SE-1

Early Syn-Rift

Basement

Raghavapuram Shale

Late Syn-Rift

GolapalliSand

((

lN

0 5 km

Oil Discovery

Discovery WellRiver

KG-ONN-2003-1 Block

India

LEGEND

Nagayalanka-1z

Nagayalanka-SE-1

Nagayalanka

Arsquo

A


India





block








~550 mm boe







A

Arsquo

BARRACUDA DORADO

Basement

Cretaceous

Eocene

A Arsquo






discovery









A

Arsquo



Global Expertise


continents





of ~37 years


over 24 years


over 11 years


of over 14 years


years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466


Support

Technical










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom







Early

Beginnings

Execution

Success

Exploration

Success

Market Cap (US$)

05bn 60bn 12bn


Well poised for

further Growth




development

International

Foray


S Africa entry

1999 2007 2012

Cairn India

IPO (2007) Vedanta

Acquisition


Vision and Strategy




of exploration and

development success


and cash flow

generation

bull Global Talent

o Diverse talent of

gt1400 people



of technology






development



internationally






company


assets


Stakeholders


performance





Offshore

KG-DWN-982^ WI 10


KG-OSN-20093 WI 100

PR-OSN-20041 WI 35

CBOS-2 WI 40

MB-DWN-20091 WI 100

International

SL 2007-01-001 WI 100

South Africa -

Block 1

WI 60




Onshore

RJ-ON-901) WI 70

KG-ONN-20031 WI 49

SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

MB-DWN-20091

CBOS-2

RJ-ON-901

RAVVA

SL-2007-01-001

SOUTH

AFRICA BLOCK 1








Gross Cash 276

Debt (009)

Net Cash 267


Till FY 2011-12 ~43

FY 2012-13 amp FY 2013-14 (E) ~20






exploration costs


+39

CFFO

1745 1154

Revenue

+32

1529

2417

9m FY 2012-13

9m FY 2011-12

US

$ m


218

101

64

590



end FY 2012-13

















218

101

64

590






bull Crude Pricing


Light











Resource


Gross

In Place

Gross EUR

Resource

Potential

(mm boe)

Expected Gross

Production

(kbopd)

1044 (~48)

Under Development

165 530 (~8) (~17)


Total

1739

3100 2168 2010 11

24

inc from

previous




~175

300

200 - 215

Apr-12 FY 2013-14
























2100

1400

350

2007 2009 2011

Ne

t U

nri

ske

d P

rosp

ective

Re

so

urc

e (

mm

bo

e) Portfolio Growth





13


2013-14


KG-ONN-20031




Nagayalanka-SE-1


obtained)



unrestricted access

PR-OSN-20041

MB-DWN-20091


Feb 2013





SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

SOUTH AFRICA

MB-DWN-20091

CBOS-2

RJ-ON-901

BLOCK 1

RAVVA

SL-2007-01-001




block




resource


years)






Appraisal wells

Exploration Wells

FY 2013-14



NAGAYALANKA-1Z

A Arsquo

NAGAYALANKA-SE-1

Early Syn-Rift

Basement

Raghavapuram Shale

Late Syn-Rift

GolapalliSand

((

lN

0 5 km

Oil Discovery

Discovery WellRiver

KG-ONN-2003-1 Block

India

LEGEND

Nagayalanka-1z

Nagayalanka-SE-1

Nagayalanka

Arsquo

A


India





block








~550 mm boe







A

Arsquo

BARRACUDA DORADO

Basement

Cretaceous

Eocene

A Arsquo






discovery









A

Arsquo



Global Expertise


continents





of ~37 years


over 24 years


over 11 years


of over 14 years


years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466


Support

Technical










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom


Vision and Strategy




of exploration and

development success


and cash flow

generation

bull Global Talent

o Diverse talent of

gt1400 people



of technology






development



internationally






company


assets


Stakeholders


performance





Offshore

KG-DWN-982^ WI 10


KG-OSN-20093 WI 100

PR-OSN-20041 WI 35

CBOS-2 WI 40

MB-DWN-20091 WI 100

International

SL 2007-01-001 WI 100

South Africa -

Block 1

WI 60




Onshore

RJ-ON-901) WI 70

KG-ONN-20031 WI 49

SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

MB-DWN-20091

CBOS-2

RJ-ON-901

RAVVA

SL-2007-01-001

SOUTH

AFRICA BLOCK 1








Gross Cash 276

Debt (009)

Net Cash 267


Till FY 2011-12 ~43

FY 2012-13 amp FY 2013-14 (E) ~20






exploration costs


+39

CFFO

1745 1154

Revenue

+32

1529

2417

9m FY 2012-13

9m FY 2011-12

US

$ m


218

101

64

590



end FY 2012-13

















218

101

64

590






bull Crude Pricing


Light











Resource


Gross

In Place

Gross EUR

Resource

Potential

(mm boe)

Expected Gross

Production

(kbopd)

1044 (~48)

Under Development

165 530 (~8) (~17)


Total

1739

3100 2168 2010 11

24

inc from

previous




~175

300

200 - 215

Apr-12 FY 2013-14
























2100

1400

350

2007 2009 2011

Ne

t U

nri

ske

d P

rosp

ective

Re

so

urc

e (

mm

bo

e) Portfolio Growth





13


2013-14


KG-ONN-20031




Nagayalanka-SE-1


obtained)



unrestricted access

PR-OSN-20041

MB-DWN-20091


Feb 2013





SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

SOUTH AFRICA

MB-DWN-20091

CBOS-2

RJ-ON-901

BLOCK 1

RAVVA

SL-2007-01-001




block




resource


years)






Appraisal wells

Exploration Wells

FY 2013-14



NAGAYALANKA-1Z

A Arsquo

NAGAYALANKA-SE-1

Early Syn-Rift

Basement

Raghavapuram Shale

Late Syn-Rift

GolapalliSand

((

lN

0 5 km

Oil Discovery

Discovery WellRiver

KG-ONN-2003-1 Block

India

LEGEND

Nagayalanka-1z

Nagayalanka-SE-1

Nagayalanka

Arsquo

A


India





block








~550 mm boe







A

Arsquo

BARRACUDA DORADO

Basement

Cretaceous

Eocene

A Arsquo






discovery









A

Arsquo



Global Expertise


continents





of ~37 years


over 24 years


over 11 years


of over 14 years


years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466


Support

Technical










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom





Offshore

KG-DWN-982^ WI 10


KG-OSN-20093 WI 100

PR-OSN-20041 WI 35

CBOS-2 WI 40

MB-DWN-20091 WI 100

International

SL 2007-01-001 WI 100

South Africa -

Block 1

WI 60




Onshore

RJ-ON-901) WI 70

KG-ONN-20031 WI 49

SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

MB-DWN-20091

CBOS-2

RJ-ON-901

RAVVA

SL-2007-01-001

SOUTH

AFRICA BLOCK 1








Gross Cash 276

Debt (009)

Net Cash 267


Till FY 2011-12 ~43

FY 2012-13 amp FY 2013-14 (E) ~20






exploration costs


+39

CFFO

1745 1154

Revenue

+32

1529

2417

9m FY 2012-13

9m FY 2011-12

US

$ m


218

101

64

590



end FY 2012-13

















218

101

64

590






bull Crude Pricing


Light











Resource


Gross

In Place

Gross EUR

Resource

Potential

(mm boe)

Expected Gross

Production

(kbopd)

1044 (~48)

Under Development

165 530 (~8) (~17)


Total

1739

3100 2168 2010 11

24

inc from

previous




~175

300

200 - 215

Apr-12 FY 2013-14
























2100

1400

350

2007 2009 2011

Ne

t U

nri

ske

d P

rosp

ective

Re

so

urc

e (

mm

bo

e) Portfolio Growth





13


2013-14


KG-ONN-20031




Nagayalanka-SE-1


obtained)



unrestricted access

PR-OSN-20041

MB-DWN-20091


Feb 2013





SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

SOUTH AFRICA

MB-DWN-20091

CBOS-2

RJ-ON-901

BLOCK 1

RAVVA

SL-2007-01-001




block




resource


years)






Appraisal wells

Exploration Wells

FY 2013-14



NAGAYALANKA-1Z

A Arsquo

NAGAYALANKA-SE-1

Early Syn-Rift

Basement

Raghavapuram Shale

Late Syn-Rift

GolapalliSand

((

lN

0 5 km

Oil Discovery

Discovery WellRiver

KG-ONN-2003-1 Block

India

LEGEND

Nagayalanka-1z

Nagayalanka-SE-1

Nagayalanka

Arsquo

A


India





block








~550 mm boe







A

Arsquo

BARRACUDA DORADO

Basement

Cretaceous

Eocene

A Arsquo






discovery









A

Arsquo



Global Expertise


continents





of ~37 years


over 24 years


over 11 years


of over 14 years


years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466


Support

Technical










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom







Gross Cash 276

Debt (009)

Net Cash 267


Till FY 2011-12 ~43

FY 2012-13 amp FY 2013-14 (E) ~20






exploration costs


+39

CFFO

1745 1154

Revenue

+32

1529

2417

9m FY 2012-13

9m FY 2011-12

US

$ m


218

101

64

590



end FY 2012-13

















218

101

64

590






bull Crude Pricing


Light











Resource


Gross

In Place

Gross EUR

Resource

Potential

(mm boe)

Expected Gross

Production

(kbopd)

1044 (~48)

Under Development

165 530 (~8) (~17)


Total

1739

3100 2168 2010 11

24

inc from

previous




~175

300

200 - 215

Apr-12 FY 2013-14
























2100

1400

350

2007 2009 2011

Ne

t U

nri

ske

d P

rosp

ective

Re

so

urc

e (

mm

bo

e) Portfolio Growth





13


2013-14


KG-ONN-20031




Nagayalanka-SE-1


obtained)



unrestricted access

PR-OSN-20041

MB-DWN-20091


Feb 2013





SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

SOUTH AFRICA

MB-DWN-20091

CBOS-2

RJ-ON-901

BLOCK 1

RAVVA

SL-2007-01-001




block




resource


years)






Appraisal wells

Exploration Wells

FY 2013-14



NAGAYALANKA-1Z

A Arsquo

NAGAYALANKA-SE-1

Early Syn-Rift

Basement

Raghavapuram Shale

Late Syn-Rift

GolapalliSand

((

lN

0 5 km

Oil Discovery

Discovery WellRiver

KG-ONN-2003-1 Block

India

LEGEND

Nagayalanka-1z

Nagayalanka-SE-1

Nagayalanka

Arsquo

A


India





block








~550 mm boe







A

Arsquo

BARRACUDA DORADO

Basement

Cretaceous

Eocene

A Arsquo






discovery









A

Arsquo



Global Expertise


continents





of ~37 years


over 24 years


over 11 years


of over 14 years


years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466


Support

Technical










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom


218

101

64

590



end FY 2012-13

















218

101

64

590






bull Crude Pricing


Light











Resource


Gross

In Place

Gross EUR

Resource

Potential

(mm boe)

Expected Gross

Production

(kbopd)

1044 (~48)

Under Development

165 530 (~8) (~17)


Total

1739

3100 2168 2010 11

24

inc from

previous




~175

300

200 - 215

Apr-12 FY 2013-14
























2100

1400

350

2007 2009 2011

Ne

t U

nri

ske

d P

rosp

ective

Re

so

urc

e (

mm

bo

e) Portfolio Growth





13


2013-14


KG-ONN-20031




Nagayalanka-SE-1


obtained)



unrestricted access

PR-OSN-20041

MB-DWN-20091


Feb 2013





SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

SOUTH AFRICA

MB-DWN-20091

CBOS-2

RJ-ON-901

BLOCK 1

RAVVA

SL-2007-01-001




block




resource


years)






Appraisal wells

Exploration Wells

FY 2013-14



NAGAYALANKA-1Z

A Arsquo

NAGAYALANKA-SE-1

Early Syn-Rift

Basement

Raghavapuram Shale

Late Syn-Rift

GolapalliSand

((

lN

0 5 km

Oil Discovery

Discovery WellRiver

KG-ONN-2003-1 Block

India

LEGEND

Nagayalanka-1z

Nagayalanka-SE-1

Nagayalanka

Arsquo

A


India





block








~550 mm boe







A

Arsquo

BARRACUDA DORADO

Basement

Cretaceous

Eocene

A Arsquo






discovery









A

Arsquo



Global Expertise


continents





of ~37 years


over 24 years


over 11 years


of over 14 years


years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466


Support

Technical










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom


218

101

64

590






bull Crude Pricing


Light











Resource


Gross

In Place

Gross EUR

Resource

Potential

(mm boe)

Expected Gross

Production

(kbopd)

1044 (~48)

Under Development

165 530 (~8) (~17)


Total

1739

3100 2168 2010 11

24

inc from

previous




~175

300

200 - 215

Apr-12 FY 2013-14
























2100

1400

350

2007 2009 2011

Ne

t U

nri

ske

d P

rosp

ective

Re

so

urc

e (

mm

bo

e) Portfolio Growth





13


2013-14


KG-ONN-20031




Nagayalanka-SE-1


obtained)



unrestricted access

PR-OSN-20041

MB-DWN-20091


Feb 2013





SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

SOUTH AFRICA

MB-DWN-20091

CBOS-2

RJ-ON-901

BLOCK 1

RAVVA

SL-2007-01-001




block




resource


years)






Appraisal wells

Exploration Wells

FY 2013-14



NAGAYALANKA-1Z

A Arsquo

NAGAYALANKA-SE-1

Early Syn-Rift

Basement

Raghavapuram Shale

Late Syn-Rift

GolapalliSand

((

lN

0 5 km

Oil Discovery

Discovery WellRiver

KG-ONN-2003-1 Block

India

LEGEND

Nagayalanka-1z

Nagayalanka-SE-1

Nagayalanka

Arsquo

A


India





block








~550 mm boe







A

Arsquo

BARRACUDA DORADO

Basement

Cretaceous

Eocene

A Arsquo






discovery









A

Arsquo



Global Expertise


continents





of ~37 years


over 24 years


over 11 years


of over 14 years


years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466


Support

Technical










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom



Resource


Gross

In Place

Gross EUR

Resource

Potential

(mm boe)

Expected Gross

Production

(kbopd)

1044 (~48)

Under Development

165 530 (~8) (~17)


Total

1739

3100 2168 2010 11

24

inc from

previous




~175

300

200 - 215

Apr-12 FY 2013-14
























2100

1400

350

2007 2009 2011

Ne

t U

nri

ske

d P

rosp

ective

Re

so

urc

e (

mm

bo

e) Portfolio Growth





13


2013-14


KG-ONN-20031




Nagayalanka-SE-1


obtained)



unrestricted access

PR-OSN-20041

MB-DWN-20091


Feb 2013





SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

SOUTH AFRICA

MB-DWN-20091

CBOS-2

RJ-ON-901

BLOCK 1

RAVVA

SL-2007-01-001




block




resource


years)






Appraisal wells

Exploration Wells

FY 2013-14



NAGAYALANKA-1Z

A Arsquo

NAGAYALANKA-SE-1

Early Syn-Rift

Basement

Raghavapuram Shale

Late Syn-Rift

GolapalliSand

((

lN

0 5 km

Oil Discovery

Discovery WellRiver

KG-ONN-2003-1 Block

India

LEGEND

Nagayalanka-1z

Nagayalanka-SE-1

Nagayalanka

Arsquo

A


India





block








~550 mm boe







A

Arsquo

BARRACUDA DORADO

Basement

Cretaceous

Eocene

A Arsquo






discovery









A

Arsquo



Global Expertise


continents





of ~37 years


over 24 years


over 11 years


of over 14 years


years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466


Support

Technical










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom
























2100

1400

350

2007 2009 2011

Ne

t U

nri

ske

d P

rosp

ective

Re

so

urc

e (

mm

bo

e) Portfolio Growth





13


2013-14


KG-ONN-20031




Nagayalanka-SE-1


obtained)



unrestricted access

PR-OSN-20041

MB-DWN-20091


Feb 2013





SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

SOUTH AFRICA

MB-DWN-20091

CBOS-2

RJ-ON-901

BLOCK 1

RAVVA

SL-2007-01-001




block




resource


years)






Appraisal wells

Exploration Wells

FY 2013-14



NAGAYALANKA-1Z

A Arsquo

NAGAYALANKA-SE-1

Early Syn-Rift

Basement

Raghavapuram Shale

Late Syn-Rift

GolapalliSand

((

lN

0 5 km

Oil Discovery

Discovery WellRiver

KG-ONN-2003-1 Block

India

LEGEND

Nagayalanka-1z

Nagayalanka-SE-1

Nagayalanka

Arsquo

A


India





block








~550 mm boe







A

Arsquo

BARRACUDA DORADO

Basement

Cretaceous

Eocene

A Arsquo






discovery









A

Arsquo



Global Expertise


continents





of ~37 years


over 24 years


over 11 years


of over 14 years


years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466


Support

Technical










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom





13


2013-14


KG-ONN-20031




Nagayalanka-SE-1


obtained)



unrestricted access

PR-OSN-20041

MB-DWN-20091


Feb 2013





SRI LANKA

PR-OSN-20041

KG-DWN-982

KG-ONN-20031

KG-OSN-20093

INDIA

SOUTH AFRICA

MB-DWN-20091

CBOS-2

RJ-ON-901

BLOCK 1

RAVVA

SL-2007-01-001




block




resource


years)






Appraisal wells

Exploration Wells

FY 2013-14



NAGAYALANKA-1Z

A Arsquo

NAGAYALANKA-SE-1

Early Syn-Rift

Basement

Raghavapuram Shale

Late Syn-Rift

GolapalliSand

((

lN

0 5 km

Oil Discovery

Discovery WellRiver

KG-ONN-2003-1 Block

India

LEGEND

Nagayalanka-1z

Nagayalanka-SE-1

Nagayalanka

Arsquo

A


India





block








~550 mm boe







A

Arsquo

BARRACUDA DORADO

Basement

Cretaceous

Eocene

A Arsquo






discovery









A

Arsquo



Global Expertise


continents





of ~37 years


over 24 years


over 11 years


of over 14 years


years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466


Support

Technical










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom




block




resource


years)






Appraisal wells

Exploration Wells

FY 2013-14



NAGAYALANKA-1Z

A Arsquo

NAGAYALANKA-SE-1

Early Syn-Rift

Basement

Raghavapuram Shale

Late Syn-Rift

GolapalliSand

((

lN

0 5 km

Oil Discovery

Discovery WellRiver

KG-ONN-2003-1 Block

India

LEGEND

Nagayalanka-1z

Nagayalanka-SE-1

Nagayalanka

Arsquo

A


India





block








~550 mm boe







A

Arsquo

BARRACUDA DORADO

Basement

Cretaceous

Eocene

A Arsquo






discovery









A

Arsquo



Global Expertise


continents





of ~37 years


over 24 years


over 11 years


of over 14 years


years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466


Support

Technical










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom


NAGAYALANKA-1Z

A Arsquo

NAGAYALANKA-SE-1

Early Syn-Rift

Basement

Raghavapuram Shale

Late Syn-Rift

GolapalliSand

((

lN

0 5 km

Oil Discovery

Discovery WellRiver

KG-ONN-2003-1 Block

India

LEGEND

Nagayalanka-1z

Nagayalanka-SE-1

Nagayalanka

Arsquo

A


India





block








~550 mm boe







A

Arsquo

BARRACUDA DORADO

Basement

Cretaceous

Eocene

A Arsquo






discovery









A

Arsquo



Global Expertise


continents





of ~37 years


over 24 years


over 11 years


of over 14 years


years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466


Support

Technical










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom



A

Arsquo

BARRACUDA DORADO

Basement

Cretaceous

Eocene

A Arsquo






discovery









A

Arsquo



Global Expertise


continents





of ~37 years


over 24 years


over 11 years


of over 14 years


years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466


Support

Technical










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom



Global Expertise


continents





of ~37 years


over 24 years


over 11 years


of over 14 years


years

~2000

Dec-12

1449

276

1173

Dec-06

562

96

466


Support

Technical










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom










Health

Education

Economic

Development

Infrastructure

Development

Areas of Focus


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom


Summary






track development




218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom


218

101

64

590

Contact Details

SRI LANKA

Investor Relations



M +91 ndash 99104 87716

Media



M +91 - 99104 86055

Address

Cairn India Ltd


Sun City Sector-54


wwwcairnindiacom

Documents

Cairn India Corporate Presentation - February 2013