Oil & Gas Development Co. Ltd. · PSX:OGDC
Oil & Gas Development — Investor Presentation (November 2025)
21 slides from Oil & Gas Development's investor presentation, Nov 24, 2025
Slide 1: Oil and Gas Development Co. Ltd. Corporate Briefing Session 2025
Monday, November 24, 2025 Oil and Gas Development Co. Ltd. Corporate Briefing Session 2025 (July 2024 – June 2025)
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 pr
Slide 3: Contents
CONTENTS 01. COMPANY PROFILE 02. BUSINESS MODEL 03. BUSINESS STRATEGY 04. CHALLENGES 05. HIGHLIGHTS 06. OPERATIONAL AND FINANCIAL INFORMATION 07. CSR 08. Q&A SESSION 3
Slide 4: Company Profile
COMPANY PROFILE SHAREHOLDING 1.61% 3.30% • National Oil and Gas Company of 4.00% Pakistan 6.06% • Market leader in terms of: ▪ Exploration acreage ▪ Oil and gas reserves ▪ Production • Established in 1961 as a Public Sector Corporation • Converted to a Public Limited Company in October 1997 85.02% •
Slide 5: Ownership and Associate Companies
OWNERSHIP AND ASSOCIATE COMPANIES Authorized share capital of the Company Rs 50 billion Issued, subscribed and paid-up capital of the Company Rs 43 billion GoP shareholding 85.02%, including 10.05% shares held by OEET 5
Slide 6: Position in Petroleum Value Chain
POSITION IN PETROLEUM VALUE CHAIN 6
Slide 7: Business Model
BUSINESS MODEL 5 Return to Stakeholders > © a ( Cashflow Generation ‘<i Production Enhancement) =—_ C Discoveries +» oOo the energy
Slide 8: Business Strategy
BUSINESS STRATEGY Management objectives and strategies aimed at improving corporate performance and shareholder value maximization A C E EXPLORATION ALLIANCE POSSIBILITIES Maintain and accelerate Forming alliance with JVs (Risk exploration activities to tap sharing, knowledge transfer, Exploring pos
Slide 9: Challenges
CHALLENGES 07 Security Environment 01 Balochistan and Khyber Pakhtunkhwa 02 Forced Production Curtailment 03 Forced curtailment of gas by SNGPL and Uch Power Limited Circular Debt 04 Mounting Receivables due to Circular Debt Issue PPRA Rules E&P Industry Specific Policy Formulated 9
Slide 10: Highlights – 2024-25
HIGHLIGHTS – 2024-25 Discoveries Net Profit Award Achievement 5 Oil and Gas Discoveries Rs 169.904 billion Top transparency ranking by Hosted PMIF Transparency International 2025, largest mining investment Pakistan under Transparency in Corporate Reporting (TRAC) forum in Pakistan’s history Award Aw
Slide 11: Milestones Achieved 2024-25
MILESTONES ACHIEVED 2024-25 11 01 02 03 04 05 Shale and Tight Gas Economic Foreign Exchange ESG Initiatives Discoveries Initiatives Contribution Savings Strategic Significant Oil and gas Launched its first ESG • Chak 202-1 investments in the contribution production generated report • Soghri North-1
Slide 12: Business Diversification Updates
BUSINESS DIVERSIFICATION UPDATES 12 REKO DIQ MINING PROJECT ABU DHABI OFFSHORE BLOCK-5 GEOTHERMAL ENERGY PROJECT • Reko Diq Mining project’s • Field development plan for the OGDCL focused on exploiting feasibility study completed in appraisal fields; Bu-Dana, Al- opportunities in geothermal and sola
Slide 13: Production Initiatives
PRODUCTION INITIATIVES 13 Wells Geothermal Injected Rig & Pilot Well Mature Fields Rigless Revitalization Initiatives ESPs New Technologies Installed 08 New Facilities & Planning for development/ Plants 19 Workovers with Optimization Geothermal pilot exploratory/ Execution of the Rig along with 71 w
Slide 14: Operational Indicators – Seismic
OPERATIONAL INDICATORS Seismic - Industry Comparison 2 D - Seismic 9,000 90% 8,000 80% 7,000 70% 6,000 60% Line Kms 5,000 50% 4,000 40% 3,000 30% 2,000 20% 1,000 10% - 0% FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 OGDCL 5,336 4,034 2,073 1,324 3,407 2,539 2,003 1
Slide 15: Operational Indicators – Wells
OPERATIONAL INDICATORS Wells - Industry Comparison WELLS 120 50% 45% 100 40% 80 Number 35% 30% 60 25% 20% 40 15% 10% 20 5% - 0% FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 OGDCL 26 22 20 16 25 20 13 10 13 15 Other Companies 61 25 60 89 33 30 43 37 47 38 Industry T
Slide 16: Operational Indicators – Production
OPERATIONAL INDICATORS Production - Industry Comparison OGDCL Net Oil Production (BBL/D) OGDCL Net Gas Production (MMSCF/D) OGDCL Net LPG Production (MT/D) 870 807 803 825 36,892 764 35,292 717 720 717 652 33,117 32,478 642 30,919 2020-21 2021-22 2022-23 2023-24 2024-25 2020-21 2021-22 2022-23 2023-
Slide 17: Operational Indicators – Reserves
OPERATIONAL INDICATORS Reserves (June 30, 2025 - Source: PPIS) OIL RESERVES Total Country 240 MMBBL OGDCL OGDCL’s Share 118 MMBBL Others 49% 51% Other E&P Companies Share 122 MMBBL GAS RESERVES OGDCL 31% Total Country Gas Reserves 18,981 BCF OGDCL’s Share 5,790 BCF Other E&P Companies 13,192 BCF Oth
Slide 18: Financial Information – Profitability Over a Decade
FINANCIAL INFORMATION Profitability Over a Decade Rs in billion 350.00 70% 300.00 60% 250.00 50% 200.00 40% 150.00 30% 100.00 20% 50.00 10% - 0% FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Revenue 162.87 171.83 205.34 261.48 232.93 239.10 335.46 413.59 463.70 401.
Slide 19: Financial Information – OGDCL Value
FINANCIAL INFORMATION OGDCL Value 1,200 900 800 1,000 700 Rs. "Billion" 800 600 Rs " Billion" 500 600 400 400 300 200 200 100 - - FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Total Receivables 211 220 270 356 402 481 597 761 766 740 Market Capitalisation 594 605 66
Slide 20: CSR Performance
CSR PERFORMANCE • Under National Talent Hunt Program, 440 students selected for zero semester at IBA Karachi and Sukkur IBA • 313 technical scholarships provided via NAVTTC • 35 free eye camps established • 15 mammography camps established for women • Game Design lab established at Aror University,
Slide 21: Q & A Session
Thank You Q&A SESSION 0O)¢ the eneray
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