OGDCL’s net sales decreased by 23.1 % to Rs 31,826 million from Rs 41,384 million for the quarter.
Net profit before taxation decreased to Rs 20,407 million from Rs 28,816 million for the quarter.
Net profit after taxation decreased to Rs 12,066 million resulting in earnings per share of Rs 2.81.
Operating profit margin and net profit margin were 62 % and 38 % respectively.
Payable interim dividend of Rs 1.00 per share.
Average net realized price of crude oil sold was US$ 58.38/bbl as against US$ 93.30/bbl during corresponding period last year
Average net realized price for natural gas sold was Rs 160.51/ Mcf as against Rs 166.47 / Mcf during corresponding period last year.
551 L. Kms of 2D and 161 Sq. Kms of 3D seismic acquisition completed.
Net Crude oil production of 39,008 barrels per day, net gas production of 983 MMcf per day, net LPG production of 205 tons per day and net Sulphur production of 66 tons per day was witnessed during the period under review.
During the period under review, four (04) discoveries were made and one (01) well spudded. |