Vedanta Resources : Cairn starts polymer injection at Mangala

31 October 2014

Vedanta Resources plc

Cairn India starts polymer injection in its Mangala field in Rajasthan

For Immediate Release                                                                                                      31st October, 2014

Cairn India Limited

Cairn India starts polymer injection in its Mangala field in Rajasthan

Cairn India, one of the largest independent oil and gas E&P companies in India, today initiated polymer injection at the Mangala field. 

Mangala Enhanced Oil Recovery (EOR) project, which is amongst the largest polymer flood EOR programmes in the world, commences well ahead of the guidance provided by the company. The polymer injection activity would gradually be ramped up.

Cairn India had recognised the potential for chemical EOR at an early stage of development in its Mangala, Bhagyam and Aishwariya (MBA) fields. The reservoir quality, oil properties and ambient temperature make these fields ideal for the application of chemical flooding EOR methods such as polymer or alkaline surfactant polymer (ASP) flooding. The chemical EOR programme has a potential to enhance recoveries from the Mangala, Bhagyam and Aishwariya fields by around 300 mmbbls.

The Mangala ASP pilot programme, the next phase of EOR has also yielded excellent results so far, suggesting better mobilization of oil post polymer flooding.

Sudhir Mathur CFO Cairn India, commented:

"Injecting the polymer at our world class polymer flood EOR project, ahead of schedule is a testament to our execution skills and team work. This will enable us to further unlock the potential of the prolific Rajasthan block and help contribute significantly towards the nation's energy security."

Media Relations

Neerja Sharma, Director - Assurance, Communication and Company Secretary

+91 124 4593169; +91 9717098035;cilmedia@cairnindia.com;

Investor Relations

Nidhi Aggarwal, Head - Investor Relations

+91 124 4593490; +91 9810197755;cilir@cairnindia.com

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About Vedanta Resources plc

Vedanta Resources plc ("Vedanta") is a London listed diversified global natural resources major. The group produces aluminium, copper, zinc, lead, silver, iron ore, oil & gas and commercial energy. Vedanta has operations in India, Zambia, Namibia, South Africa, Ireland, Liberia, Australia and Sri Lanka. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of entrepreneurship, excellence, trust, inclusiveness and growth. For more information, please visitwww.vedantaresources.com.

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