OGDCL’s net sales increased to Rs 44.686 billion compared to Rs 39.452 billion in the corresponding period last year.

Net profit before taxation increased to Rs 31.098 billion compared to Rs 24.137 billion in the corresponding period last year.

Net profit after taxation increased to Rs 21.915 billion compared to Rs 16.710 billion in the corresponding period of preceding year translating into an Earnings per Share of Rs 5.10

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

Payable interim dividend of Rs 1.50 per share

Average net realized price of crude oil sold was US$ 82.78/bbl as against US$ 61.92/bbl during corresponding period last year.

Average net realized price for natural gas sold was Rs 218.32/Mcf as against Rs 216.50/Mcf during corresponding period last year.

376 L. Kms of 2D and 191 Sq. Kms of 3D seismic acquisition completed.

Two (2) development wells namely Rajian-6 & Uch-19 were spudded during the first Quarter ended September 30, 2011. Subsequently, Qadirpur-43 Extended Reach Well (ERW) and Uch-32 development wells were also spudded during the month of October 2011 making a total of four (4) wells during the current financial year.

Net crude oil production of 36,092 barrels per day, net gas production of 1,023 MMcf per day, net LPG production of 174 M. Tons per day and net Sulphur production of 77 M. Tons per day was witnessed during the period under review.