Highlights Of The Full Year (FY2015)
Date:
Wednesday, 26th of August 2015
- OGDCL’s net sales registered Rs 210.625 billion compared to Rs 257.014 billion in the last year
- Net profit before taxation registered Rs 127,025 billion compared to Rs 172.350 billion in the last year
- Net Profit after Taxation registered Rs 87.249 billion as against Rs 123.915 billion in the preceding year translating into Earnings per Share of Rs 20.29
- The Board of Directors declared final cash dividend for the year at Rs 1.50 per share.
- Operating profit margin and net profit margin were 51% and 41%, respectively.
- Average net realized price of crude oil sold was US$ 63.29/bbl as against US$ 87.71/bbl during last year
- Average net realized price for natural gas sold was Rs 272.61/Mcf as against Rs 282.95/Mcf during last year
- 5,430 Line Kms of 2D and 1,918 Sq. Kms of 3D seismic acquisition completed
- Twenty five (25) wells were spudded, comprising of fourteen (14) exploratory/appraisal and eleven (11) development wells during the year ended 30 June 2014
- Company’s exploratory efforts yielded four (4) new oil and gas discoveries namely; Soghri-1 & Jand-1, both in district Attock, Punjab province and Jarwar-1 & Palli Deep-1 both in district Tando Allah Yar, Sindh province.
- Net crude oil production of 40,818 barrels per day, net gas production of 1,143 MMcf per day, net LPG production 260 M.Tons per day and net Sulphur production of 52 M.Tons per day was witnessed during the period under review
