Oil & Gas Development Co. Ltd. · PSX:OGDC
Oil & Gas Development — FY2012 Earnings Presentation
12 slides from Oil & Gas Development's earnings presentation, Aug 9, 2012
Slide 1: OGDCL Full Year Results FY2012
Presentation on OGDCL Full Year Results FY2012 (July 2011 – June 2012) Thursday, August 09, 2012
Slide 2: Forward Looking Statements
Forward Looking Statements During the course of this conference call 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 speci
Slide 3: Overview
Overview As at June 30, 2012 (or as indicated below) ¾ Largest exploration and production company in Pakistan’s oil and gas sector ¾ Largest exploration acreage in Pakistan, covering 23% of the total acreage awarded ¾ Largest portfolio of net hydrocarbon reserves in Pakistan ⎯ 48% of oil (as at Dece
Slide 4: OGDCL Exploration Licenses
OGDCL Exploration Licenses Status as on June 30, 2012 Summary Of Exploration Licenses Provinces Operated Non-Operated Punjab 07 - Sindh 09 - Balochistan 10 01 K.P.K 05 02 Offshore 03 04 Total 34 07 Province wise Acreage (%age) Offshore Punjab 3 Blocks 7 Blocks 19% 17% KPK 5 Blocks 8% Balouchistan Si
Slide 5: Financial & Operational Performance
Financial & Operational Performance Full Year FY2012 ¾ Net revenues up by 27.1% to Rs 197.839 billion ¾ Earnings per share of Rs 22.53 against Rs 14.77 ¾ Oil - average net realized price of US$ 84.91/bbl ¾ Gas - average net realized price of Rs 228.56/Mcf ¾ LPG - average net realized price of Rs 74,
Slide 6: Operational Update - Exploration
Operational Update - Exploration ¾ Total seventeen (17) wells spudded, comprising of seven (07) exploratory/appraisal and ten (10) development wells ¾ As at June 30, 2012 OGDCL operated in 34 Exploration Blocks (22 blocks with 100% share and 12 blocks as operated JVs) including 3 Offshore Blocks, co
Slide 7: Operational Update - Production
Operational Update - Production ¾ Compared with the preceding year, net gas production increased by 7.7% ¾ Net crude oil production showed a slight increase of 0.7% compared to corresponding period of preceding year ¾ LPG production during the year increased by 5.1% mainly due to production commence
Slide 8: Operational Update - Development Projects
Operational Update - Development Projects KPD/TAY INTEGRATED DEVELOPMENT PROJECT Phase I- Completed - OGDCL is supplying around 110 MMcfd of gas to M/s SSGCL, 1500 bpd of condensate/NGL and 140 MTPD of LPG Phase II- Upon completion of Phase 2 of the project, the field will produce a cumulative 225 M
Slide 9: Operational Update - Development Projects
Operational Update - Development Projects JHAL MAGSI PROJECT Jhal Magsi Development project is under implementation. The project is anticipated to be completed in December 2013 leading to expected production of 15 MMcfd of gas UCH II DEVELOPMENT PROJECT Drilling of fifteen (15) planned wells for the
Slide 10: Financial Snapshot – Full Year FY2012
Financial Snapshot – Full Year FY2012 27.1% 200 FY 2010 -11 FY 2011 -12 Rs in billion) 150 52.5% 100 4.2% 50 38.9% 0 Net Sales Operating Expl. & NPAT Expenses Prosp. Expenses 10
Slide 11: Financial Highlights - Full Year FY2012
Financial Highlights - Full Year FY2012 % % Rs in Million HY 2010-11 HY 2011-12 FY 2010-11 FY 2011-12 Change Change Net Sales 81,090 88,680 9.4 155,631 197,839 27.1 Operating Profit Margin (%) 62 62 - 56 62 10.8 EBITDA Margin (%) 72 75 3.3 71 74 4.4 Net Profit Margin (%) 39 47 20.3 41 49 20 Profit a
Slide 12: Summary
Summary ¾Focus on enhancing ¾Reserves base ¾Current production ¾Expeditious completion of development projects ¾Following international best practices ¾And to become the best Corporate citizen 12
Oil & Gas Development Company Limited (OGDCL) — FY2012 Earnings Presentation on 6ix