Oil & Gas Development Co. Ltd. · PSX:OGDC
Oil & Gas Development — H1 FY2022-23 Earnings Presentation
11 slides from Oil & Gas Development's earnings presentation, Feb 22, 2023
Slide 1: Presentation on OGDCL Half Year Results FY 2022-23
Presentation on OGDCL Half Year Results FY 2022-23 (July 2022 – December 2022) February 22, 2023
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, 2022 (or as indicated below) Largest exploration and production company in Pakistan’s oil and gas sector. Largest exploration acreage in Pakistan, covering around 40% of Country’s total acreage awarded as at December 31, 2022. Largest portfolio of hydrocarbon reserv
Slide 4: Overview
Overview As at December 31, 2022 (or as indicated below) WELLS UNDER DRILLING Nashpa-11 Nashpa-11 Khyber Pakhtunkhwa Chanda -07 Chanda-07 SP- 3 Bhambhra-2 Sindh Chak-20-1 SP- 4 Gaja Wah-1 SP- 2 SEISMIC ACQUISITION Sp-1 Nim/ TAY EL (Sindh) 3D Sp-2 Suleiman EL (Balochistan) 2D Sp-3 Hazro (Punjab) 2D B
Slide 5: Financial & Operational Performance
Financial & Operational Performance (July 2022 – December 2022) Net sales revenues of Rs 203.236 billion Oil - average net realized price of US$ 78.60/bbl as against US$ 63.23/ bbl during the corresponding period last year Gas - average net realized price for natural gas sold was Rs 570.00/Mcf
Slide 6: Operational Update - Exploration
Operational Update - Exploration As at December 31, 2022, OGDCL operated in 49 Exploration Blocks (23 blocks with 100% share and 26 blocks as operated JVs) covering an area of 89,459 sq. km. Acquisition of 626 Line km of 2D and 221 Sq. km of 3D seismic survey. Four (4) wells spud, comprising t
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 2022 – December 2022 contributed around 46%, 29% and 37% towards Cou
Slide 8: Production Growth and Development Projects
Production Growth and Development Projects Facility Handling Location of the Completion Incremental Project Capacity Project Date Daily Production on Project Completion Condensate: 170 BBl Dakhni April Gas: 07 MMscfd Attock, Punjab 24 MMscfd Raw Gas Compression 2024 LPG: 1.8 MTPD Sulphur: 10 MMscfd
Slide 9: Financial Snapshot
Financial Snapshot (Rs in Million) 250,000 34% 200,000 150,000 38% 100,000 14% 50,000 -4% - Net Sales Operating Expenses Exploration & Prospecting NPAT Exp. 1H 2021-22 1H 2022-23 9
Slide 10: Financial Highlights
Financial Highlights Rs in Million 1Q 2021-22 1Q 2022-23 HY 2021-22 HY 2022-23 Net Sales 71,531 106,012 151,163 203,236 Operating Profit Margin (%) 55% 63% 55% 59% EBITDA Margin (%) 68% 75% 68% 71% Net Profit Margin (%) 47% 50% 46% 47% Profit after Tax 33,629 53,303 68,883 95,012 Profit from operati
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) — H1 FY2022-23 Earnings Presentation on 6ix