Oil India Limited · NSE:OIL
Oil India — Investor Presentation (February 2010)
20 slides from Oil India's investor presentation, February 2010
Slide 1: Oil India Limited Investor Presentation February 2010
Oil India Investor Presentation – Q1-Q3 FY2010 OIL INDIA LIMITED Investor Presentation February, 2010 Oil India Investor Presentation –Q1-Q3 FY2010 Disclaimer This presentation contains certain forward looking statements concerning OIL India’s future business prospects and business profitability, wh
Slide 2: Sector outlook and opportunities; OIL India overview; Financial performance
Oil India Investor Presentation –Q1-Q3 – H1 FY2009 FY2010 Sector outlook and opportunities OIL India – An overview Business structure, performance and strategy Financial performance Oil India Investor Presentation –Q1-Q3 – H1 FY2009 FY2010 Sector outlook and opportunities OIL India – An overview Bus
Slide 3: Global Oil and Gas trends; Domestic industry environment
Oil India Investor Presentation –Q1-Q3 FY2010 Global Oil and Gas trends Brent oil price futures/forwards and forecasts LTM oil price and equity market performance (US$/bbl) (Rebased to Brent) 160 150 140 125 120 100 100 -16% 80 60 75 -38% -45% 40 50 20 0 25 2003 2004 2005 2006 2007 2008 2009 2010 20
Slide 4: India: Energy scenario; OIL at a glance
Oil India Investor Presentation –Q1-Q3 FY2010 India: Energy scenario Primary Energy Consumption (MTOE) Crude Oil Consumption (MTOE) UK 212 Canada 102 South Korea 240 S. Korea 103 France 258 Germany 118 Germany 311 Canada 330 Russia 130 India 433 3.8% of total India 135 3.4% of total Japan 508 Japan
Slide 5: Rich heritage of building a company
Oil India Investor Presentation –Q1-Q3 – H1 FY2009 FY2010 Sector outlook and opportunities OIL India – An overview Business structure, performance and strategy Financial performance Oil India Investor Presentation –Q1-Q3 FY2010 Rich heritage of building a company • Independent India’s first commerci
Slide 6: Select highlights for FY2010
Oil India Investor Presentation –Q1-Q3 FY2010 Select highlights for FY2010 • OIL’s shares listed in Mumbai Stock Exchange on 30.09.2009. • Achieved the highest daily rate of natural gas production of 6.67 MMSCMD in North East and potential of 0.93 MMSCMD in Rajasthan. • Performance during April-Dec,
Slide 7: Shareholding pattern
Oil India Investor Presentation –Q1-Q3 FY2010 Shareholding pattern 2.5% Key shareholders % Shareholding 3.3% 0.3% 3.5% Indian Oil Corporation 4.45% 11.9% Bharat Petroleum Corporation 2.23% Hindustan Petroleum Corporation 2.23% ICICI Prudential Life Insurance 1.35% HDFC Standard Life Insurance 0.71%
Slide 8: Key lines of business; Reserves Overview (3P)
Oil India Investor Presentation –Q1-Q3 FY2010 Key lines of business Exploration Production Transportation Downstream • Domestic: 23 exploration • 50 years of experience in Oil • Crude Oil: 1,157 km crude • Refining and marketing blocks through NELP1 & Gas production oil pipeline with an annual petro
Slide 9: Exploration Blocks: National Presence; Exploration Acreages
Oil India Investor Presentation –Q1-Q3 FY2010 Exploration Blocks : National Presence AA-ONN 30% 60% RJ-ONN AA-ONN 90% 60% RJ-ONN ASSAM +AP AA-ONN 85% 60% RJ-ONN AAP-ON 16% 75% RJ-ONN AA-ONN 20% AA-ONN 15% AA-ONN 85% AA-ONN 10% 60% RJ-ONN MN-OSN 20% MZ-ONN 75% 15% GK-OSJ-3 WB-ONN 25% Strong KG-DWN 10
Slide 10: NELP VIII blocks awarded; Overseas Exploration and Development Blocks
Oil India Investor Presentation –Q1-Q3 FY2010 NELP VIII: Blocks provisionally awarded OIL’s Consortium Name of the Block Operator Area Type Area (sq. km.) P. I. (%) Partners (PI) AA-ONN-2009/4 OIL Assam Onland 84 50 ONGC-50% CY-OSN-2009/2 OIL Cauvery Basin Shallow Offshore 1,621 50 ONGC-50% AA-ONN-2
Slide 11: Exploration and Development Growth Mapping (Acreage)
Oil India Investor Presentation –Q1-Q3 FY2010 Exploration and Development Growth Mapping (Acreage) Acreage (Sq. Km) ~ 11 Times Growth1 180000 Current Acreage 160000 Domestic = 117,622 sq.km 140000 Overseas = 41,273 sq.km 120000 NELP 100000 w th (1999 onwards) 80000 G ro 60000 + Overseas 40000 Nomina
Slide 12: E&P Infrastructure; Crude Oil and Natural Gas Reserves
Oil India Investor Presentation –Q1-Q3 FY2010 E&P Infrastructure in India Globally comparable Production & transportation facilities 70 Production Installations Pipeline to Deliver Crude Oil to 4 Refineries >5000 Km NSPL Product Pipeline Oil & Gas No. of Pump Station – 10 Pipelines No. of Terminal S
Slide 13: Crude Oil and Natural Gas Production and Sales
Oil India Investor Presentation –Q1-Q3 FY2010 Crude Oil and Natural Gas Production Crude Oil Production (mmboe) Natural Gas Production (mmboe) 30 30 24.95 25 25 22.17 22.38 18.70 19.21 20 20 15 14.24 14.72 14.27 15 10.88 11.52 10 10 5 5 0 2006-07 2007-08 2008-09 Apr-Dec Apr-Dec 0 08-09 09-10 2006-07
Slide 14: Low Lifting and Finding costs; Reserve replacement ratio
Oil India Investor Presentation –Q1-Q3 FY2010 Low Lifting and Finding costs Lifting Costs (US$/boe) Finding Costs (US$/boe) Production Cost NG (US$/MMBTU) FY2009 6.81 FY2009 2.99 FY2009 1.17 FY2008 7.10 FY2008 1.83 FY2008 1.11 FY2007 4.80 FY2007 0.77 FY2007 1.81 FY2006 0.96 FY2006 5.23 FY2006 1.80 0
Slide 15: Realized Price; Impact of discount
Oil India Investor Presentation –Q1-Q3 FY2010 Realized Price Realized Price ($/barrel) 100 95.08 CAGR (FY07 – 09) = 13.0% 83.22 81.69 80 64.96 66.25 60.64 58.13 57.11 60 55.56 45.68 41.22 43.02 40.54 38.47 40 29.55 20 0 FY2007 FY2008 FY2009 Q3 FY2009 Q3 FY2010 1 Gross Realized Price Realized Price a
Slide 16: Strategic Initiatives; Business strategy
Oil India Investor Presentation –Q1-Q3 FY2010 Strategic Initiatives Increase in Exploratory and Development Drilling Meterage. Increase in Work Overs. Enhanced Water Injection to Increase Production. Endeavour to Enhance LPG production through NGL Recycling. Endeavour to Reduce Gas Flaring / Polluti
Slide 17: Revenue and profitability
Oil India Investor Presentation –Q1-Q3 – H1 FY2009 FY2010 Sector outlook and opportunities OIL India – An overview Business structure, performance and strategy Financial performance Oil India Investor Presentation –Q1-Q3 FY2010 Revenue and profitability Revenue and profitability analysis (USD mn) 2,
Slide 18: Networth, Book Value, Cash Flow and EBITDA Margin
Oil India Investor Presentation –Q1-Q3 FY2010 Networth and Book Value Networth (USD mn) and Book Value Analysis (USD) Networth (LHS) Book Value (RHS) CAG R: 16.6% 3,200 Networth 2,980 20 2,700 2,241 15 2,200 1,935 12.4 1,629 1,700 10.5 1,406 1,220 9.0 10 1,200 7.6 6.6 5.7 700 5 200 (300) FY2006 FY20
Slide 19: Dividends, Earnings per share and Investment Plans
Oil India Investor Presentation –Q1-Q3 FY2010 Dividends distribution and Earnings per share highlights Dividends distribution Earnings per share and Debt-Equity ratio 120 0.14 35 320 0.12x 104 33.93 305 97 100 0.12 34 33.56 300 86 83 32.9 0.1 33 80 72 280 0.08 32 60 275 0.06x 0.06 31 30.19 260 265 4
Slide 20: Thank You
Oil India Investor Presentation –Q1-Q3 FY2010 THANK YOU 39