Oil & Gas Development Co. Ltd. · PSX:OGDC
Oil & Gas Development — FY2014 Earnings Presentation
11 slides from Oil & Gas Development's earnings presentation, Aug 5, 2014
Slide 1: Presentation on OGDCL Full Year Results FY2014
Presentation on OGDCL Full Year Results FY2014 (July 2013 – June 2014) Tuesday, August 05, 2014
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 C Company. B their By th i very nature, t f forward d looking l ki statements t t t involve i l inherent i h t risks and uncertainties, both general and s
Slide 3: Overview
Overview As at June 30, 2014 (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 58% of oil (as at Dece
Slide 4: OGDCL Exploration Licenses
OGDCL Exploration Licenses Status as on June 30, 2014 LEGEND OGDCL NON PROVINCE OPERATED OPERATED Punjab 15 - Sindh 12 - Balochistan 24 01 KPK 09 02 Offshore 02 03 Total 62 06 Drilling Activities Seismic Acquisition WELLS UNDER DRILLING PROVINCE NAME OF WE LLS (1) Mela-4 KPK SEISMIC OPERATIONS (2) N
Slide 5: Financial & Operational Performance
Financial & Operational p Performance Full Year FY2014 Net revenues up by 15.1% to Rs 257.014 billion Gas - average net realized price of Rs 282.95 /Mcf Oil - average net realized price of US$ 87.71 / bbl LPG - average net realized price of Rs 77,356 77 356 / M.Ton M Ton Earnings per share
Slide 6: Operational Update - Exploration
O Operational ti U d t - Exploration l Update Seventeen (17) wells were spudded, comprising of eight (8) exploratory/appraisal l t / i l and d nine i (9) development d l t wells ll As at June 30, 2014 OGDCL operated in 62 Exploration Blocks (50 blocks with 100% share and 12 blocks as operated JV
Slide 7: Operational Update - Production
O Operational i l Update U d - Production Compared with preceding year, net crude oil production increased by 3.1% Net gas production showed a modest increase of 5.9% compared to corresponding period of preceding year FY2012--13 FY2012 FY2013- FY2013-14 Crude Oil (Barrels / day) 40,101 41,330 Ga
Slide 8: Operational Update - Development Projects
Operational Update - Development Projects Estimated Expected Expected Name of Projects Cost Location Completion Prod Capacity US $MM Kunnar Pasakhi- Sales Gas Oil LPG Tando Allahyar PHASE-I Completed (MMscfd) (BPD) (MTD) (KPD & TAY) Hyderabad, PHASE-I: 100 1100 0 434 Integrated Sindh Development PHA
Slide 9: Financial Snapshot - Full Year FY2014
Fi i lS Financial h t–F Snapshot ll Y Full Year FY2014 15.1% 250 FY 2012-13 FY 2013-14 200 150 35 8% 35.8% 100 32.8% 50 41.8% - Net Sales Operating Expenses Expl. & Prosp. Expenses NPAT 9
Slide 10: Financial Highlights - Full Year FY2013
Financial Highlights - Full Year FY2013 Rs in Million HY 2012-13 2012 13 HY 2013-14 2013 14 FY 2012-13 2012 13 FY 2013-14 2013 14 Net Sales 110,626 126,170 223,365 257,014 Operating Profit Margin (%) 61 62 59 60 EBITDA Margin (%) 72 73 69 73 Net Profit Margin (%) 45 53 41 48 Profit after Tax 49,308
Slide 11: Summary
Summary Summary Focus on enhancing Reserves base Current production Expeditious completion of development projects Following international best practices And to become the best Corporate p citizen 11
Oil & Gas Development Company Limited (OGDCL) — FY2014 Earnings Presentation on 6ix