Oil & Gas Development Co. Ltd. · PSX:OGDC
Oil & Gas Development — H1 FY2021-22 Earnings Presentation
11 slides from Oil & Gas Development's earnings presentation, Feb 23, 2022
Slide 1: Presentation on OGDCL Half Year Results FY 2021-22
Presentation on OGDCL Half Year Results FY 2021-22 (July 2021 – December 2021) February 23, 2022
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
Slide 3: Overview
Overview As at December 31, 2021 (or as indicated below) Largest exploration and production company in Pakistan’s oil and gas sector Largest exploration acreage in Pakistan, covering around 41% of Country’s total acreage awarded – as at December 31, 2021 Largest portfolio of net hydrocarbon re
Slide 4: OGDCL Portfolio & Exploration Activity (February 2022)
OGDCL Portfolio & Exploration Activity (February 2022) WELLS UNDER DRILLING Khyber Mela-08 Pakhtunkhwa Bewato-1 Sindh Hakeem Daho-3 Balochistan Killi Malik-1 Toot Deep-1 (Slant) Punjab Sundha Thal-1 Kalerishum-1 SEISMIC ACQUISITION Sp-1 Nim/ TAY EL (Sindh) 3D Sp-2 Gawadar EL (Balochistan) 2D Sp-3 Li
Slide 5: Financial & Operational Performance
Financial & Operational Performance (July 2021 – December 2021) Net sales revenues of Rs 151.163 billion Oil - average net realized price of US$ 63.23/bbl as against US$ 38.81/ bbl during the corresponding period last year Gas - average net realized price for natural gas sold was Rs 404.28/Mcf
Slide 6: Operational Update - Exploration
Operational Update - Exploration As at December 31, 2021, OGDCL operated in 50 Exploration Blocks (24 blocks with 100% share and 26 blocks as operated JVs) covering an area of 91,795 sq. km. Acquisition of 652 Line km of 2D seismic survey. Six (6) wells spud, comprising four (4) exploratory/ap
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 2021 – December 2021 contributed around 48%, 29% and 38% towards Cou
Slide 8: Production Growth and Development Projects
Production Growth and Development Projects Location of the Completion Expected Production Project Incremental Daily Production Project Date Capacity Qadirpur Ghotki, Sindh February 2022 235 MMscfd Raw Gas Gas: 17 MMscfd Compression Maru-Reti Ghotki, Sindh August 2022 12 MMscfd Raw Gas Gas: 01 MMscfd
Slide 9: Financial Snapshot
Financial Snapshot (Rs in Million) 36% 160,000 140,000 120,000 100,000 63% 80,000 3% 60,000 40,000 32% 20,000 - Net Sales Operating Expenses Exploration & Prospecting NPAT Exp. 1H 2020-21 1H 2021-22 9
Slide 10: Financial Highlights
Financial Highlights Rs in Million 1Q 2020-21 1Q 2021-22 HY 2020-21 HY 2021-22 Net Sales 56,347 71,531 110,980 151,163 Operating Profit Margin (%) 46% 55% 47% 55% EBITDA Margin (%) 62% 68% 63% 68% Net Profit Margin (%) 41% 47% 38% 46% Profit after Tax 23,344 33,629 42,225 68,883 Profit from operatin
Slide 11: Thank You
Thank You www.ogdcl.com 11
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