Hindustan Oil Exploration Company Limited

Rae Served As A Whole

time member of the 7th Central Pay commission and was on the Board of Indian Oil

rs,

ode: HINDOILEXP The Corporate Relationship Department BSE Limited, 1st Floor, P. Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Stock Code: 500186 Dear Sirs, Sub: Investor Presentation Pursu

100%

7,869 8,590 525 2,429 FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 > 100% 27 Months 5 yr Gross Production CAGR Dirok – FDP to First Gas Timeline 3 Board of Directors V

60%

h around existing anchor assets 9 BUSINESS OVERVIEW 10 B-80: Ready for First Oil Post Monsoon– 60% PI* • Drilling & completion – 2 subsea development wells KGB- Offshore Installation at B-80 Site

50%

-in into ONGC pipeline • Oil using evacuation moored with CALM buoy FSO *- Increase of PI from 50% to 60% is awaiting Govt. approval 11 B-80 Project Update KGB - Offshore Installation (OI) Flexi

15%

oduction (in Q1FY22) Currently, Oil India is the sole buyer for the gas produced in this field > 15% Assam Gas Production Concentrated in India’s North-East Premier Basin • Phase – I execution invol

30%

s produced in this field 15 Kharsang: Phase I Development Plan ~600 bopd Current Oil Production 30% Direct + Indirect PI 18 Number of Wells to be drilled Field Overview • The Kharsang oil field

21%

ling of two wells approved. Planning in progress • Field under shutdown since July 2011 • HOEC has 21% non-operating stake in PY-3. Operates PY-1 Gas field with an offshore platform and onshore processi

rs 40

nergies both surface and sub-surface • Preliminary EIA studies to be initiated HOEC PI JV Partners 40% 10% 21% 100% 18 FINANCIAL OVERVIEW 19 Standalone Statement of Profit or Loss PARTICULARS (

10%

both surface and sub-surface • Preliminary EIA studies to be initiated HOEC PI JV Partners 40% 10% 21% 100% 18 FINANCIAL OVERVIEW 19 Standalone Statement of Profit or Loss PARTICULARS (INR Cr

Rs 10

for the period Other comprehensive income Total comprehensive income Earnings per equity share of Rs 10 each - Basic - Diluted Q1-FY22 Q4-FY21 24.97 2.59 27.56 5.58 4.39 (0.60) 0.19 1.51 3.72 1.06

80%

1,035.84 Capital Market Data HOEC S&P BSE Oil & Gas Index Price Data (30th June, 2021) 100% 80% 60% 40% 20% 0% -20% CMP (INR) 52 Week H/L (INR) Avg. Net Turnover (INR Mn) Market Cap (INR

40%

Capital Market Data HOEC S&P BSE Oil & Gas Index Price Data (30th June, 2021) 100% 80% 60% 40% 20% 0% -20% CMP (INR) 52 Week H/L (INR) Avg. Net Turnover (INR Mn) Market Cap (INR Mn) Equi

Valorem Advisors Disclaimer

1

Valorem Advisors Disclaimer

Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review. For further information please contact our Investor Relations Representatives: Mr. Anuj Sonpal Valorem Advisors Tel: +91-22-4903-9500 Email: hoec@valore