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
Slide 1: OGDCL Half Year Results FY2015
Presentation on OGDCL Half Year Results FY2015 (July 2014 – December 2014) Wednesday, February 4, 2015
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, 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
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
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
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
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
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
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
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
Oil & Gas Development Company Limited (OGDCL) — H1 FY2015 Earnings Presentation on 6ix