Cairn India has had exploration success in India, making major oil discoveries in the Rajasthan basin. Rajasthan is now considered a world-class oil producing asset for Cairn, with expected gross production of 300 thousand barrels per day. However, future development depends on managing local environment and integrating local communities. Cairn focuses on education, infrastructure, economic development, and health to drive local growth in a sustainable manner and maintain its social license to operate.
2. CERA Week March 2013 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 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 India's 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 India’s joint venture partner.
3. CERA Week March 2013 3
Energy Demand to Increase with Growing GDP
GDP growth projected to increase: Real GDP Growth Rates (%)
Projection
15
Despite near term 11
slowdown, GDP growth projected 7
to rebound to > 6% 3
-1
Emerging market economies will
-5
continue to lead Global growth
2006
2003
2004
2005
2007
2008
2009
2010
2011
2012
2013
2014
World Advanced economies India China
Source: IMF World Economic Outlook Update, Jan 2013
Energy demand to grow:
India Energy Consumption by Fuel (in Mmtoe)
Total primary energy consumption 600 534
to almost double from 559 mmtoe
400
to 1010 mmtoe over this decade 296 293
200 162
Gas demand to grow 55 30
99
54
7 13
proportionately, assuming gas 0
share in India’s energy mix stays 2011 2020
at 10% Coal Oil Gas Hydro Nuclear
Source: 2011 data from BP Statistical Review 2012
2020 forecast @ 6.7% growth p.a.(CAGR 2002-2011)
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India – Growing Demand Center With High Import
Dependence
10.0
9.0 Liquids Production
8.0 Liquids Consumption
7.0
Million barrels per day
6.0 Import Bill
to reach
5.0 $400
Billion
4.0
3.0 Import Bill
for 2011 at
2.0 $120
billion
1.0
0.0
2006 2007 2008 2009 2015 2020 2025 2030 2035
Historically, India has imported more than 70% of its oil demand and
this is forecast to grow
Source: International Energy Outlook 2011
5. CERA Week March 2013 5
India – Opportunity for Exploration
Producing
Emerging Status of exploration of Indian
sedimentary basins, FY 2011-12*
Immature
Frontier
Moderately to
Poorly
Well
Explored, 22%
Explored, 22%
Unexplored, 1
2%
Exploration
Initiated, 44%
More than 75% of Indian
Sedimentary Basins not well
explored
* Source : Directorate General of Hydrocarbons
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India – The Gas Story
Natural Gas is clean, cheap and plenty
Currently it represents only 10% of Indian fuel mix – US it is about 25%
Demand is constrained by supply and inadequate infrastructure
LNG imports to play a key role in meeting widening supply deficit
Potential for domestic supply through conventional and unconventional
sources
Opportunity for developing infrastructure including pipelines, LNG import
and regasification and City Gas Markets
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India Pipeline Network , LNG & City Gas Markets
8. CERA Week March 2013 8
India : Potential Shale Gas Basins
India Shale gas potential
Satpura Basin Geological conditions indicate
Rewa Basin
potential in several Indian basins
Damodar Assam Shale gas policy being finalised, a
Basin Basin
shale gas round expected in 2013
ONGC
Shale gas
pilot
Infrastructure Challenges
Central Indian basins lack gas
infrastructure and are not near major
Son Mahanadi Basin markets
Chattisgarh Basin
Other potential basins need more
Cambay Pranhita Godavari
Basin Basin infrastructure
Krishna Godavari Basin
Service sector support available will
need to significantly enhanced
Cauvery Basin
Water and environment management
challenges
Gas Pipelines
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Cairn India – Historic Overview
Well poised for
further Growth
International
Foray
Execution
Success
Exploration
Success Sri Lanka
deepwater
discoveries
World class
Early S Africa entry
Rajasthan
Beginnings
development
Rajasthan & CB/OS-
2 discoveries
Ravva Re- Cairn India Vedanta
development IPO (2007) Acquisition
1999 2007 2012
Market Cap
(US$)
0.5bn* 6.0bn 12bn
*Market Cap of Cairn Energy PLC end 1999
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Rajasthan – Frontier Basin to World-Class Asset
Resource Future Development & Prospective
Under Development Total
Resource
Potential
(mm boe) Gross 2,168 2,010 EXPLORATION3,100
MBARS BH + 19 Disc. 7,278
In Place
Gross EUR 1,044 (~48%) 165 (~8%) 530 1,739
(~17%)
Expected
Gross 'The 300kbopd will represent ~35%
of India's current domestic crude 300**
Production
production
(kbopd)
200 - 215
~175
Note-
Gross EUR Includes EOR
potential of 238 mmbbls;
balance 70mmbbls booked as
reserves
MBARS –
Mangala, Bhagyam, Aishwariy
a, Raageshwari, Saraswati
Company upgraded the
numbers as on 31 March 2012
*By end FY 2013-14
* *Subject to approvals
Apr-12 FY 2013-14* Block Map with 25 discoveries to date
11. CERA Week March 2013 11
Social License to Operate - The Bishnoi Community
Bishnoi Community - known as the first
environment conservationists in the world
Reverence for nature and all forms of life is
what makes them a true ‘BISHNOI’
While countries are trying hard to educate
the masses on environmental protection and
eco conservation, this small community has
surpassed other economies by virtue of it
simple approach to life
Social, demographic, and economic
organization, must be considered against the
background of change brought about
especially by modern technology and inputs
in addition to the continuous socio-economic
change
Success of future developments will depend on how we manage the
local environment
12. CERA Week March 2013 12
Integrating local communities
Driving growth of local society
Establishing learning centre -
Enterprise Center
Creating pools of skilled manpower
Partnering with communities through our
principles of respect, relationship and
responsibility
Promoting education and social Areas of Focus
awareness through long-term sustainable
programs Education
Infrastructure
Development
Aspiring leadership in corporate
citizenship Economic
Development
Health