OGDCL

Company makes significant progress in seismic, drilling efforts

Announces first discovery of tight gas in Sindh under new policy

Pakistan hopes to get better price from Saudi Arabia, UAE, Qatar and Kuwait

Govt awards new blocks to ramp up exploration activities

Makes move to tackle risk of mounting debt crisis, default

Cost of domestic cylinder reduced by Rs467, commercial cylinder by Rs1,796

Company lodges protest with Petroleum Division over not being taken on board

Premier offers condolences and prayers for 20 security personnel martyred in terrorist attacks a day ago

Open hole testing carried out against Lockhart Formation

Minister encourages investors to fully participate in auction of oil and gas blocks

Privatisation ministry strongly refutes rumours regarding transaction details

Also discusses regularisation of engineers working in Balochistan’s gas fields

Company says findings are a result of aggressive exploration strategy

Reserves were also found in Sanghar district of Sindh earlier this year

Strategic cooperation between the two companies envisages exploring opportunities in Pakistan, the Middle East

Five thousand trees will also be gifted to District Government Attock for its Green Attock Program

OGDC, POL and PPL have a working interest of 50%, 11% and 39%, respectively, in the field

Country’s largest exploration firm still faces high exploration costs

In collaboration with the Al-Shifa Trust Eye Hospital in Fateh Jang

Firm tested 13.56mmscfd of gas, 317bpd of condensate at a zone in Lockhart formation

Around 50 cases the special investigation unit was working on will be transferred to zonal officers

Agreement meant to facilitate energy sector development

Discovery to have 'meagre earnings per share impact'

A senior official of the Petroleum Ministry said that the company wants early settlement of the entire circular debt

Company says its production has touched 48,767 barrels per day

Suspects had approached high court against likely indictment from lower court

Bench suspends order to terminate services of nine officers of OGDCL

Narejo has remained involved in pilferage of diesel amounting to Rs190million

Newly tested well was in Sanghar district of Sindh

The result was below market expectations, a number of brokerage houses said in their post-result comments

The company paid Rs124.558 billion to Sindh

The first phase of the study has been completed while second and third phase of the study are currently under way

Company CEO says declining crude prices dented earnings

This comes at a time when company profits are coming under pressure

Currently, 17 wells are under the drilling process

The court has give the agency a three-day physical remand

The committee was told by the FIA official that FIRs had been registered against the five accused

Earnings stand in at Rs87b in FY15 over Rs123.9b in FY14

The well initially produced 180 barrels per day of crude oil with jet pump