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

Oil & Gas Development — H1 FY2015 Earnings Presentation

10 slides from Oil & Gas Development's earnings presentation, Feb 4, 2015

  1. Slide 1: OGDCL Half Year Results FY2015

    Presentation on OGDCL Half Year Results FY2015 (July 2014 – December 2014) Wednesday, February 4, 2015

  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 December 31, 2014 (or as indicated below)  Largest exploration and production company in Pakistan’s oil and gas sector  Largest exploration acreage in Pakistan, covering 32% of the total acreage awarded  Largest portfolio of net hydrocarbon reserves in Pakistan  57% of oil (as at

  4. Slide 4: Exploration Activities (Blocks / Seismic / Drilling)

    Exploration Activities (Blocks / Seismic / Drilling) Exploration Blocks Off- Shore Khyber 4% OGDCL NON Pakhtun Punjab PROVINCE khwa 13% OPERATED OPERATED 9% Punjab 15 - Sindh 12 - Balochistan 24 01 KPK 09 02 Sind Offshore 02 03 48% Total 62* 06 Drilling Activities Seismic Acquisition SEISMIC OPERATI

  5. Slide 5: Financial & Operational Performance

    Financial & Operational Performance Half Year (July – December 2014)  Net Sales revenues of Rs 118.644 billion  Oil - average net realized price of US$ 76.57 / bbl as against US $ 87.45 / bbl during corresponding period last year  Gas – average net realized price for natural gas sold was Rs 276.6

  6. Slide 6: Operational Update - Exploration

    Operational Update - Exploration  Ten (10) wells were spudded, comprising of four (4) exploratory/appraisal and six (6) development wells  Company’s exploratory efforts yielded three (3) new oil and gas discoveries namely Jand-1, Soghri-1 in district Attock, Punjab province and Jarwar-1 in distric

  7. Slide 7: Operational Update - Production

    Operational Update - Production  Compared with preceding year, net crude oil production increased by 2.6%  Net gas production showed a modest increase of 3.2% compared to corresponding period of preceding year 1st Half 2014-15 1st Half 2013-14 Crude Oil (Barrels / day) 41,271 40,215 Gas (MMscf / d

  8. Slide 8: Operational Update - Development Projects

    Operational Update - Development Projects Expected Expected Name of Projects Location Completion Prod Capacity Kunnar Pasakhi- Sales Gas Oil LPG Tando Allahyar PHASE-I Completed (MMscfd) (BPD) (MTD) (KPD & TAY) Hyderabad, PHASE-I: 100 1100 0 Integrated Sindh Development PHASE-II December, 2015 PHASE

  9. Slide 9: Financial Snapshot

    Financial Snapshot 140000 (6%) 1H 2013-14 1H 2014-15 120000 100000 80000 60000 (29%) 40000 29% 20000 30% 0 Net Sales Operating Expenses Exploration & Prospecting Exp. NPAT 9

  10. Slide 10: Financial Highlights

    Financial Highlights Rs in Million 1Q FY 2013-14 1Q FY 2014-15 HY 2013-14 HY 2014-15 Net Sales 62,416 64,396 126,170 118,644 Operating Profit Margin (%) 62% 55% 62% 54% EBITDA Margin (%) 73% 68% 73% 69% Net Profit Margin (%) 54% 44% 53% 40% Profit after Tax 33,588 28,310 67,227 47,828 Profit from op

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