Cairn India Ltd.   (CAIRN)

Cairn India was listed on 9 January 2007 on the Bombay and National Stock Exchanges.? The Initial Public Offering (IPO) of Cairn India was the largest IPO to date in the Indian primary equity markets and Cairn India currently has a market capitalisation in excess of $6 billion, ranking as the fourth largest oil and gas company in India. Cairn India's strategy is to establish commercial reserves from strategic positions in high potential exploration plays in order to create and deliver shareholder value. In the implementation of this strategy, Cairn India focuses on material positions that are capable of providing significant growth through exploration. The company operates the largest producing oil field in the Indian private sector and has pioneered the use of cutting-edge technology to extend production life. Today, Cairn India has a world-class resource base, with interest in 13 blocks in India. Harnessing a combination of innovation and entrepreneurship, Cairn India is already one of the most significant oil and gas exploration and production companies in South Asia. These successes have created a company with more than 650 employees in India alone, and world class oil reserves in one of the fastest-growing economies in the world. Today, Cairn India has two processing plants, 11 platforms, 200km of sub-sea pipelines and operations spanning the Indian continent. The company operates the largest producing oil field in the Indian private sector and has pioneered the use of cutting-edge technology to extend production life. Three of the fields ? Ravva, Lakshmi and Gauri ? are already producing more than 80,000 barrels of oil equivalent per day (boepd) on behalf of Cairn and its joint venture (JV) partners. Cairn India sells its oil to four major refineries across India and its gas to both public and private buyers.

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