Oil & Gas Development Co. Ltd. · PSX:OGDC
Oil & Gas Development — H1 FY2016 Earnings Presentation
11 slides from Oil & Gas Development's earnings presentation, Feb 16, 2016
Slide 1: Presentation on OGDCL Half Year Results FY2016
Presentation on OGDCL Half Year Results FY2016 (July 2015 – December 2015) Tuesday, February 16, 2016
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, 2015 (or as indicated below) Largest exploration and production company in Pakistan’s oil and gas sector Largest exploration acreage in Pakistan, covering 31% of the total acreage awarded Largest portfolio of net hydrocarbon reserves in Pakistan 59% of oil (as at
Slide 4: Exploration Activities
Exploration Activities LEGEND OGDCL NON PROVINCE OPERATED OPERATED Punjab 13 - Sindh 12 - Balochista 24 01 n KPK 10 02 Offshore 02 03 Total 61 06 Drilling Activities Seismic Acquisition Seismic Outsourced SEISMIC OPERATIONS Crew Area Mode WELLS UNDER DRILLING SP-1 Ranipur 3D PROVINCE NAME OF WE LLS
Slide 5: Financial & Operational Performance
Financial & Operational Performance Half Year (July 2015 – December 2015) Net Sales revenues of Rs 86.186 billion Oil - average net realized price of US$ 43.09 / bbl as against US $ 76.57 / bbl during corresponding period last year Gas – average net realized price for natural gas sold was Rs 2
Slide 6: Operational Update - Exploration
Operational Update - Exploration 8 wells were spudded, comprising of 2 (two) exploratory/appraisal and 6 (six) development wells Company’s exploratory efforts yielded two (2) new oil and gas discoveries namely; Chak Naurang South-1 in district Chakwal, Punjab province and Aradin-1 in district Kh
Slide 7: Operational Update - Production
Operational Update - Production The Company during the period July 2015 – December 2015 contributed around 48% and 28% of the Country's total oil and natural gas production respectively. 1st Half 2014-15 1st Half 2015-16 Crude Oil (Barrels / day) 41,271 40,028 Gas (MMscf / day) 1,173 1,116 LPG (Me
Slide 8: Production Growth - Development Projects
Production Growth - 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 PHASE-II: 125 4000 410 Development PHASE-I
Slide 9: Financial Snapshot
Financial Snapshot 120000 (27%) 100000 1H 2014-15 1H 2015-16 80000 60000 40000 (28%) 2% 20000 (25%) 0 Net Sales Operating Expenses Exploration & Prospecting Exp. NPAT 9
Slide 10: Financial Highlights
Financial Highlights Rs in Million 1Q FY 2014-15 1Q FY 2015-16 HY 2014-15 HY 2015-16 Net Sales 64,396 44,513 118,644 86,186 Operating Profit Margin (%) 55% 49% 54% 45% EBITDA Margin (%) 68% 67% 69% 64% Net Profit Margin (%) 44% 41% 40% 40% Profit after Tax 28,310 18,260 47,828 34,206 Profit from ope
Slide 11: Thank You
Thank You ge MENT ~ _4) Py x & ” ro %, b = nag > P ‘9 70. 03> www.ogdcl.com
Oil & Gas Development Company Limited (OGDCL) — H1 FY2016 Earnings Presentation on 6ix