Oil & Gas Development Co. Ltd. · PSX:OGDC
Oil & Gas Development — H1 FY2014 Earnings Presentation
11 slides from Oil & Gas Development's earnings presentation, Mar 3, 2014
Slide 1: OGDCL Half-Year Results (FY2014) Conference Call
Presentation on OGDCL Half-Year Results (FY2014) Conference Call (July 2013 – December 2013) Monday, March 3, 2014
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 December 31, 2013 (or as indicated below) Largest exploration and production company in Pakistan’s oil and gas sector, having the largest exploration acreage in Pakistan. Largest L t portfolio tf li off remaining i i recoverable bl hydrocarbon h d b reserves in i Pakistan P ki t
Slide 4: OGDCL Exploration Licenses
OGDCL Exploration Licenses Status as on Feb 20, 2014 Summary of Exploration Licenses OGDCL NON PROVINCE OPERATED OPERATED Punjab 09 - Sindh 11 - Balochistan 12 01 KPK 06 02 Offshore 02 03 Total 40 06 Drilling Activities Seismic Acquisition SEISMIC OPERATIONS Crew Area Mode OGDCL was provisionally gr
Slide 5: Financial & Operational Performance
Financial & Operational p Performance Half Year FY2014 Net revenues up by 14.1% to Rs 126.17 billion Earnings per share of Rs 15.63 against Rs 11.46 Oil - average net realized price of US$ 87.45/bbl Gas - average net realized price of Rs 278.62/Mcf 278 62/Mcf LPG - average net realized pri
Slide 6: Operational Update - Exploration
O Operational ti U d t - Exploration l Update Seven (7) wells were spud, comprising of two (2) exploratory/appraisal and d five fi (5) development d l t wells ll As at December 30, 2013 OGDCL operated in 33 Exploration Blocks (21 blocks with 100% share and 12 blocks as operated JVs) including 2
Slide 7: Operational Update - Production
O Operational i l Update U d - Production Compared with preceding year, net crude oil production increased by 2.5% Net gas production showed a modest increase of 5.9% compared to corresponding period of preceding year HY2012--13 HY2012 HY2013- HY2013-14 Crude Oil (Barrels / day) 39,245 40,215 Ga
Slide 8: Operational Update - Development Projects
Operational Update - Development Projects Working Interest Expected Projects Location Ownership (%) Cumulative Total Production KPD Gas Oil LPG OGDCL - 100% KPD-TAY Integrated (MMCFD) (BPD) (MTD) TAY Hyderabad Sindh Development Project 230 5 5,100 100 410 OGDCL - 77.5% (December 2014) GHPL - 22.5% G
Slide 9: Financial Snapshot – Half Year FY2014
Fi i l Snapshot Financial S h t – Hull ll Year Y FY2014 14.1% 140 000 140,000 HY 2012-13 HY 2013-14 120,000 100 000 100,000 Rs. ((Millions) 36.3% 80,000 60,000 40,000 13.8% - 12.5% 12 5% 20,000 0 Net Sales Operating p g Expl. p & NPAT Expenses Prosp. Expenses 9
Slide 10: Financial Highlights
Financial Highlights - Full Year FY2013 % % Rs in Million 1Q 2012-13 1Q 2013-14 HY 2012-13 HY 2013-14 Change g Change g Net Sales 53,795 62,416 16.0 110,626 126,170 14.1 Operating Profit Margin (%) 63 62 (1 6) (1.6) 61 62 16 1.6 Net Profit Margin (%) 48 54 12.5 45 53 17.8 Profit after Tax 25,656 33,
Slide 11: Summary
Summary Summary Focus on enhancing Reserves base Current production Expeditious E diti completion l ti off development d l t p j projects Following international best practices And to become the best Corporate citizen 11
Oil & Gas Development Company Limited (OGDCL) — H1 FY2014 Earnings Presentation on 6ix