Cairn’s business model is to create, add and realise value throughout the oil and gas lifecycle within a sustainable, self-funding business.
Throughout this process the portfolio is closely managed to ensure assets are delivering optimum value.
Cairn seeks to create value through the discovery of hydrocarbon resources. Opportunities are accessed from the existing portfolio, from government licensing rounds and through acquisition.
Cairn looks to add value through optimising existing assets, seeing hidden value in assets that others may have overlooked, and through asset swaps and exchanges.
* resource upgrade based on wells drilled in 2015 and does not include results of the SNE-3 appraisal well
Cairn has a proven track record of realising value for shareholders and then reinvesting in the business as well as returning cash to shareholders. Cairn is careful to maintain a strong balance sheet which can fund the Group’s exploration programmes which offer growth opportunities.
The success of Cairn’s exploration and investment in India allowed the company to return a total of US$4.5 billion to shareholders in the last six years.