Glossary

A

AGM
Annual General Meeting
ASP
alkaline-surfactant-polymer

B

bn
billion
Board
the Board of directors of Cairn Energy PLC
boe
barrels of oil equivalent
boepd
barrels of oil equivalent per day
bopd
barrels of oil per day
BRMG
Business Risk Management Guidelines
bscf
billion standard cubic feet of gas

C

CAB
Cairn Advisory Board
Cairn / Cairn Energy
Cairn Energy PLC and/or its subsidiaries as appropriate
Cairn India
Cairn India and/or its previously named
Cairn India / CIL
Cairn India Limited and/or its subsidiaries as appropriate
Capricorn / Capricorn Energy Limited
Capricorn Oil Limited (previously named Capricorn Group) and/or its subsidiaries as appropriate
CH4
Methane
CIESOP
Cairn India Employee Stock Option Plan
CIPOP
Cairn India Employee Performance Option Plan
CISMP
Cairn India Senior Management Plan
Combined Code
The Combined Code dated June 2006 appended to the Listing Rules
Companies Act
The Companies Act 1985 (as amended) and/or the Companies Act 2006 (as amended), as appropriate
CR
Corporate Responsibility
CRMS
Corporate Responsibility Management System

D

DGH
Director General of Hydrocarbons
DoC
Declaration of Commerciality
Dyas
Dyas BV

E

EGM
Extraordinary General Meeting
EoR
enhanced oil recovery
EPC
Engineering Procurement Contract
ERM
Environmental Resource Management
ESIA
Environmental and Social Impact Assessment
ESOP
Employee Share Ownership Plan
EU
European Union

F

FDP
field development plan
FEED
front end engineering and design
FSA
Financial Services Authority

G

GHG
greenhouse gas
GMB
Group Management Board
GoI
Government of India
Group
the Company and its subsidiaries
GSCs
gas sales contracts

H

HSE
Health, Safety and Environment

I

IAS
International Accounting Standard
IAS 36
International Accounting Standard 36: Impairment of Assets
IFC
International Finance Corporation
IFRIC
International Financial Reporting Interpretations Committee
IFRS
International Financial Reporting Standards
IPO
Initial public offering of shares in Cairn India Limited
ISO 14001
International Standard for Environmental Management Systems

J

JV
joint venture

K

KPI
key performance indicator

L

LIBOR
London Inter-Bank Offered Rate
Listing Rules
The Listing Rules of the United Kingdom Listing Authority
LSE
London Stock Exchange
LTI
lost time incident
LTIFR
lost time incident frequency rate
LTIP
Long Term Incentive Plan

M

m
million
MBA fields
Mangala, Bhagyam and Aishwariya
medOil
medOil plc and/or its subsidiaries as appropriate
mmbbls
million barrels of oil
mmboe
million barrels of oil equivalent
mmscf
million standard cubic feet of gas
mmscfd
million standard cubic feet of gas per day

N

NAA
Northern Appraisal Area
NELP VI
Sixth New Exploration Licensing Policy round
NELP VII
Seventh New Exploration Licensing Policy round
NSE
National Stock Exchange of India Limited

O

OGP
International Association of Oil and Gas Producers
OIDA cess
Indian Oil Industry (Development) Act 1974
ONGC
Oil and Natural Gas Corporation Ltd
Orient Global
Orient Global Tamarind Fund Pte Limited

P

PCDP
Public Consultation and Disclosure Plan
Petronas
Petroliam Nasional Berhad
PIRC
Pensions Investment Research Consultants Limited
Plectrum
Plectrum Petroleum Plc and/or its subsidiaries as appropriate
PSC
Production Sharing Contract
PTRR
post-tax rate of return

R

RMC
Risk Management Committee
RoU
Rights of Use

S

Santos
Santos International Holdings Pty Limited
SEBI
Securities and Exchange Board of India
STOIIP
stock tank oil initially in place

T

the Company
Cairn Energy PLC
TRIFR
total recordable incident frequency rate
TSR
total share return

W

WAEP
weighted average exercise price