OGDCL’s net sales increased by 8.3% to Rs 108,593 million from Rs 100,231 million for the comparable period last year.

Net profit before tax increased by 4.7% to Rs 69,391 million from Rs 66,273 million for the comparable period last year.

Net profit after tax stood at Rs 42,609 million resulting in earnings per share of Rs 9.91 as against Rs 44,408 million and earning per share of Rs 10.33 respectively during the comparable period last year.

Operating profit margin and net profit margin for the period under review was 62% and 39% respectively.

Payable third interim cash dividend of Rs 1.50 per share.

Average net realized price for natural gas sold was Rs 181.81 / Mcf, compared to Rs 173.39 / Mcf during comparable period last year

Average net realized price of crude oil sold was US$ 60.87 / bbl as against US$ 58.50 / bbl during comparable period last year.

Net crude oil production of 38,610 barrels per day, net gas production was 974 MMcf per day, net LPG production 206 tons per day and net sulphur production was 68 tons per day.

The Company spudded 15 wells and made 6 discoveries during Nine Months FY2010, namely Nashpa-1, Reti-1, Shah-1, Baloch-1, Dakhni-11 & Maru N-1.