OGDCL’s net sales increased by 18.01% to Rs 88,878 million from Rs. 75,312 million for the comparable period last year.

Net profit before tax increased by 18.7% to Rs 56,858 million from Rs. 47,900 million for the comparable period last year

Net profit after tax stood at Rs 36,305 million resulting in earnings per share of Rs 8.44 as against Rs 34,497 million and earning per share of Rs 8.02 respectively during the comparable period last year.

Operating profit margin and net profit margin for the period under review was 61% and 41% respectively.

Payable third interim dividend of Rs. 2.25 per share.

The Company spudded 15 wells out of which 5 were exploratory and made two discoveries during Nine Months FY2008, Moolan -1 & Pasakhi East-1.

Net crude Oil production of 43,642 barrels per day, net gas production was 986 MMcf per day, net LPG production 368 tons per day net Sulphur production was 71 tons per day

Average net realized price for natural gas sold was Rs. 137.96 / Mcf compared to Rs. 144.13 / Mcf during comparable period last year.

Average net realized price of crude oil sold was US$ 64.79 / bbl as against US$ 53.10 / bbl during comparable period last year.