OGDCL’s net sales increased by 12.8% to Rs. 100,231 million from Rs. 88,878 million for the comparable period last year.

Net profit before tax increased by 16.6% to Rs 66,273 million from Rs 56,858 million for the comparable period last year.

Net profit after tax stood at Rs 44,408 million resulting in earnings per share of Rs 10.33 as against Rs 36,305 million and earnings per share of Rs 8.44 respectively, during the comparable period last year.

Operating profit margin and net profit margin for the period under review were 62% and 44% respectively.

Payable third interim dividend of Rs. 2.0 per share.

Net crude oil production of 41,487 barrels per day, net gas production was 988 MMcf per day, net LPG production 226 metric tons per day and net sulphur production was 66 metric tons per day.

Average net realized price for natural gas sold was Rs 173.39 / Mcf, compared to Rs 137.96 / Mcf during comparable period last year

Average net realized price of crude oil sold was US$ 58.50 / bbl as against US$ 64.79 / bbl during comparable period last year.

The Company spudded 20 wells (including 8 exploratory/appraisal wells) and made 2 discoveries (Kunnar South-1 & Qadirpur Deep-1) during nine months FY2009.