OGDCL’s net sales increased to Rs 142.035 billion compared to Rs 122.266 billion in the corresponding period last year.

Net Profit before Taxation increased to Rs 98.102 billion compared to Rs 77.263 billion in the corresponding period last year.

Net Profit after Taxation increased to Rs 69.245 billion compared to Rs 49.185 billion in the corresponding period of preceding year translating into an Earnings per Share of Rs 16.10.

Operating profit margin and net profit margin were 64% and 49% respectively.

Payable third interim dividend of Rs 1.50 per share

Average net realized price of crude oil sold was US$ 84.46/bbl as against US$ 67.47/bbl during corresponding period last year.

Average net realized price for natural gas sold was Rs 222.44/Mcf as against Rs 215.22/Mcf during corresponding period last yea.

1,785 L. Kms of 2D and 477 Sq. Kms of 3D seismic data acquisition completed.

Ten new wells were spudded including one Exploratory well namely Uch Deep-1B, two Appraisal wells Dhacharapur-2 & Zin-2 and seven Development wells namely Rajian-6, Uch-19, Uch-27, Uch-32, Qadirpur-43 and Qadirpur-44 Extended Reach Wells (ERW) and Pasahki-8.

Company’s exploratory efforts to locate new hydrocarbon reserves yielded two (02) oil and gas discoveries at Naspha-2 (Naspha E.L) in District Karak, Khyber Pakhtunkhwa and at Zin X-1 (Zin E.L) in District Dera Bugti, Baluchistan.

Net crude oil production of 37,334 barrels per day, net gas production of 1,064 MMcf per day, net LPG production of 183 M. Tons per day and net Sulphur production of 66 M. Tons per day was realized during the period under review.