Glossary of Terms
The following are the main terms and abbreviations used in this annual report.
CORPORATE
ABI Association of British Insurers
AGM Annual General Meeting
BMP Bureau of Minerals and Petroleum, Greenland
Board the Board of Directors of Cairn Energy PLC
BSE Bombay Stock Exchange
Cairn/Cairn Energy Cairn Energy PLC and/or its subsidiaries as
Cairn India/CIL Cairn India Limited and/or its subsidiaries as appropriate
Cairn India Group Cairn India and/or its previously named subsidiaries as appropriate
Capricorn/Capricorn Group Capricorn Oil Limited (previously named Capricorn Energy Limited) and/or its subsidiaries as appropriate
CEC Chief Executive’s Committee (formerly known as the Group Management Board)
Combined Code The Combined Code dated June 2008
Companies Act The Companies Act 2006 (as amended)
the Company Cairn Energy PLC
DGH Director General of Hydrocarbons
Dyas Dyas BV
EGM Extraordinary General Meeting
EU European Union
FSA Financial Services Authority
GoI Government of India
Group the Company and its subsidiaries
GSCs gas sales contracts
IFC International Finance Corporation
IOC Indian Oil Corporation
IPO Initial public offering of shares in Cairn India Limited
JV Joint Venture
KPIs key performance indicators
Listing Rules The Listing Rules of the United Kingdom Listing Authority
LSE London Stock Exchange
LTIP Long-Term Incentive Plan
medOil medOil plc and/or its subsidiaries as appropriate
MRPL Mangalore Refinery and Petrochemicals Limited (subsidiary of ONGC)
NSE National Stock Exchange of India Limited
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
Petronas PETRONAS International Corporation Ltd
Plectrum Plectrum Petroleum Plc and/or its subsidiaries as appropriate
PIRC Pensions Investment Research Consultants Limited
PSC production sharing contract
RIL Reliance Industries Ltd.
RMC Risk Management Committee
RREV Research, Recommendations and Electronic Voting
Santos Santos International Holdings Pty Limited
SEBI Securities and Exchange Board of India
UN United Nations
TECHNICAL
2C best estimate contingent resources
2P proven plus probable
boe barrels of oil equivalent
boepd barrels of oil equivalent per day
bopd barrels of oil per day
EOR enhanced oil recovery
FDP field development plan
MBA Mangala, Bhagyam and Aishwariya
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
MPT Mangala Processing Terminal
STOIIP stock tank oil initially in place
ACCOUNTING
$ United States Dollars
bn billion
CIESOP Cairn India Employee Stock Option Plan
CIPOP Cairn India Employee Performance Option Plan
CISMP Cairn India Senior Management Plan
ESOP Employee Share Ownership Plan
IAS International Accounting Standard
IFRIC International Financial Reporting
Interpretations Committee
IFRS International Financial Reporting Standards
LIBOR London Inter-Bank Offered Rate
m million
MAT minimum alternate tax
PTRR post-tax rate of return
TSR total shareholder return
WAEP weighted average exercise price
WAGP weighted average grant price
WANEP weighted average notional exercise price
CORPORATE RESPONSIBILITY
CH4 Methane
CO2E carbon dioxide equivalent
CR Corporate Responsibility
CRMS Corporate Responsibility Management System
EIA Environmental Impact Assessment
ERM Environmental Resource Management
GHG greenhouse gas
LTIFR lost time injury frequency rate
NGO non-governmental organisation
OGP The International Association of Oil and Gas Producers
PCDP Public Consultation and Disclosure Plans
PCP Public Consultation Process
SIA Social Impact Assessment
TRIFR total recordable incident frequency rate




