Oil & Gas Development Co. Ltd. · PSX:OGDC

Oil & Gas Development — FY2024 Earnings Presentation

11 slides from Oil & Gas Development's earnings presentation, Sep 23, 2024

  1. Slide 1: Presentation on OGDCL Results FY 2023-24

    Presentation on OGDCL Results FY 2023-24 (July 2023 – June 2024) Monday, September 23, 2024

  2. Slide 2: Disclaimer

    Disclaimer During the course of this presentation we may make forward-looking statements regarding future events or the future performance of the Company. By their very nature, forward looking statements involve inherent risks and uncertainties, both general and specific and risks exist that the pre

  3. Slide 3: Overview

    Overview As at June 30, 2024 (or as indicated below)  Largest exploration and production company in Pakistan’s oil and gas sector.  Largest exploration acreage in Pakistan, covering around 39% of Country’s total acreage awarded as at June 30, 2024.  Largest portfolio of hydrocarbon reserves in Pa

  4. Slide 4: OGDCL Portfolio & Exploration Activity (June, 2024)

    OGDCL Portfolio & Exploration Activity (June, 2024) WELLS UNDER DRILLING 1 Bettani Deep-1 Khyber Pakhtunkhwa 2 Bettani-2 3 Soghri North-1 Punjab 4 Chak 202-1 5 TAY NE-01 6 Kandewaro-01 Sindh 7 Walidad-01 8 Baloch-2 SEISMIC ACQUISITION Sp-1 Khewari East / Bitrism ELs (Sindh) 3D Sp-2 Suleiman EL (Balo

  5. Slide 5: Financial & Operational Performance

    Financial & Operational Performance (July 2023 – June 2024)  Net sales revenues of Rs 463.698 billion  Oil - average net realized price of US$ 68.67/bbl as against US$ 71.78/bbl during the last year  Gas - average net realized price for natural gas sold was Rs 712.88/Mcf as against Rs 610.92/Mcf

  6. Slide 6: Operational Update - Exploration

    Operational Update - Exploration  As at June 30, 2024, OGDCL operated in 54 Exploration Blocks (22 blocks with 100% share and 32 blocks as operated JVPs) covering an area of 99,268 sq. km.  Acquisition of 1,236 Line kms of 2D and 1201 sq. kms of 3D seismic survey.  Thirteen (13) wells spud, compr

  7. Slide 7: Operational Update - Production

    Operational Update - Production  OGDCL being the national flagship of the Country's E&P sector is making all out efforts to play a pivotal role in enhancing the energy security of Pakistan. In this context, the Company during July 2023 – June 2024 contributed around 46%, 28% and 37% towards Country

  8. Slide 8: Production Growth and Development Projects

    Production Growth and Development Projects Location of the Expected Name of Projects Completion Date Incremental Production Project Production Capacity 7.6 MMscfd Sale gas Khewari Khairpur, October, 2023 10 MMscfd Raw Gas + Development Sindh (Completed) 2.3 MMscfd Permeate Gas Jhal Magsi Jhal Magsi,

  9. Slide 9: Financial Snapshot

    Financial Snapshot (Rs in Million) 12% -7% 32% -34% 9

  10. Slide 10: Financial Highlights

    Financial Highlights Rs in Million HY 2022-23 HY 2023-24 FY 2022-23 FY 2023-24 Net Sales 203,236 235,375 413,594 463,698 Operating Profit Margin (%) 59% 53% 53% 52% EBITDA Margin (%) 71% 65% 67% 64% Net Profit Margin (%) 47% 52% 54% 45% Profit after Tax 95,012 123,296 224,618 208,976 Profit from ope

  11. Slide 11: Thank You

    Thank You ge MENT ) gm PY x i) n ro %, bd = ~< > P ‘9 70 03> www.ogdcl.com

Oil & Gas Development Company Limited (OGDCL) — FY2024 Earnings Presentation on 6ix