Oil & Gas Development Co. Ltd. · PSX:OGDC
Oil & Gas Development — FY2023 Earnings Presentation
11 slides from Oil & Gas Development's earnings presentation, Sep 28, 2023
Slide 1: Presentation on OGDCL Results FY 2023
Presentation on OGDCL Results FY 2023 (July 2022 – June 2023) September 28, 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 June 30, 2023 (or as indicated below) Largest exploration and production company in Pakistan’s oil and gas sector. Largest exploration acreage in Pakistan, covering around 37% of Country’s total acreage awarded as at June 30, 2023. Largest portfolio of hydrocarbon reserves in Pa
Slide 4: OGDCL Portfolio & Exploration Activity (June, 2023)
OGDCL Portfolio & Exploration Activity (June, 2023) WELLS UNDER DRILLING 1 Nashpa-11 Khyber 2 Chanda -07 Pakhtunkhwa 3 Bettani-2 4 Nim West-1 (ST) 5 Chak 63-2 (Slant) Sindh 6 Dars West-2 7 Chak 214-1 Balochistan 8 Uch-34 SEISMIC ACQUISITION Sp-1 Nim/ TAY EL (Sindh) 3D Sp-2 Suleiman EL (Balochistan)
Slide 5: Financial & Operational Performance
Financial & Operational Performance (July 2022 – June 2023) Net sales revenues of Rs 413.594 billion Oil - average net realized price of US$ 71.78 /bbl as against US$ 75.69/bbl during last year Gas - average net realized price for natural gas sold was Rs 610.92 /Mcf as against Rs 436.06/Mcf du
Slide 6: Operational Update - Exploration
Operational Update - Exploration As at June 30, 2023, OGDCL operated in 48 Exploration Blocks (22 blocks with 100% share and 26 blocks as operated JVs) covering an area of 87,002.47 sq. km. Acquisition of 1,804 Line km of 2D and 765 sq. km of 3D seismic survey. Ten (10) wells spud, comprising
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 – June 2023 contributed around 46%, 29% and 36% towards Country
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 2.3 MMscfd Permeate Gas Jhal Magsi Jhal Magsi, May, 2024 1
Slide 9: Financial Snapshot
Financial Snapshot (Rs in Million) 500,000 23% 450,000 400,000 350,000 300,000 250,000 68% 200,000 19% 150,000 100,000 22% 50,000 - Net Sales Operating Expenses Exploration & Prospecting Exp. NPAT FY 2021-22 FY 2022-23 9
Slide 10: Financial Highlights
Financial Highlights Rs in Million HY 2021-22 HY 2022-23 FY 2021-22 FY 2022-23 Net Sales 151,163 203,236 335,464 413,594 Operating Profit Margin (%) 55% 59% 54% 53% EBITDA Margin (%) 68% 71% 67% 67% Net Profit Margin (%) 46% 47% 40% 54% Profit after Tax 68,883 95,012 133,784 224,617 Profit from oper
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) — FY2023 Earnings Presentation on 6ix