Investor Presentaiton

Major Overseas Projects Project Carabobo, Venezuela Equity access to crude oil on long term basis ◆ Significantly low subsurface risk ◆ Two blocks in Orinoco Heavy Oil Belt Block Area 383 Sq. Km 2 30 billion barrels of Oil in place from Project Carabobo ◆ Production started from Dec 2012 Current Status ◆31 wells under production ◆ Current production - 18000 bopd ◆ Production expected to reach 90000 bopd. by end of 2017 ◆ Revenue from the Project US$ 199 Million till 31.03.2015 (OIL share US$ 7 Mn) Consortium Partners 17 PDVSA Repsol OVL INDOIL 71% 11% 11% 7% (OIL 50% & IOCL 50%) Partner in major discovered heavy oil field with huge resource potential ऑयल इंडिया लिमिटेड Oil India Limited

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