Investor Presentaiton

Backward Integration Through E&P IOC: E&P Capabilities Stake in 17 exploration blocks 8 Domestic blocks - With ONGC/OIL/GAIL/GSPC - Status of Domestic and Overseas Blocks Total 8 Blocks Total 9 Blocks Including 2 Coal Bed Methane blocks with U. Development, 3 Production, 5 ONGC (20% participating interest) ■ 9 International blocks Libya (1), Yemen (1), Nigeria (1), Gabon (1), Venezuela (1), USA (1), Canada (1) and Russia (2) © MR All figures as on March 31, 2017 Source: Company Filing A view of the drilling site at IOC Khambat 1 Appraisal, 3 U. Development, 1 (इंडियन ऑयल IndianOil Exploration, 1 Discovery, 1 Domestic Blocks Discovery, 3 Overseas Blocks ■Discovery Exploration Appraisal Under Development Production All figures as on March 31, 2017 Recent Developments on E&P Increasing Equity Oil and Gas Production. New Asset Taken stakes in Vankor and Taas Yuryakh (Roseneft's Russian Assets). Both are producing Assets. 15

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