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Pin to quick picksOil&gas Regs Regulatory News (OGDC)

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Discovery of hydrocarbon

19 Apr 2007 10:07

Oil & Gas Development Company Ltd19 April 2007 OIL AND GAS DEVELOPMENT COMPANY LIMITED (OGDCL) DISCOVERY OF HYDROCARBON IN DHACHRAPUR WELL NO. 01 (EXPLORATORY) Oil and Gas Development Company (OGDCL) announces the discovery of gas in itsDhachrapur exploratory Well No.1 falling in Tando Alam (M.L). The well islocated at a distance of 0.87 kilometers in the South of the Tando Alam Well No.14. Dhachrapur well No. 01 was drilled down to the depth of 3495 meters. Based ondrilling & electric log data, two zones were selected for testing. Productiontesting of Zone-1 (massive-Sands) of Lower Goru Sand member started on April 16,2007, which proved productive. The short duration initial testing results at awellhead flowing pressure of 2400 Psi are as under: CHOKE SIZE GAS (MMSCFD) QUANTITY OF WATER (BWPD)28/64" 9.25 140 The potential of additional Zone-2 of Lower Goru Formation in the well will betested shortly. The above is being provided to you in compliance with the requirements of ClauseNo. (xxiii) of the Code of Corporate Governance. -- Ends -- For further information please contact: Capital MS&L Annabel Forbes +44 20 7 307 5347 / +44 07786 657455Nicholas Bastin +44 20 7255 5117 / +44 7931 500066 Overview OGDCL is the largest petroleum exploration and production, or E&P, company inthe Pakistan oil and gas sector, with a primary focus on gas. It holds thelargest portfolio of the recoverable hydrocarbon reserves of Pakistan, at 32% ofgas and 37% of oil, respectively, as of June 30, 2006, and contributed 22% ofthe country's total natural gas production and 48% of its oil production for theyear ended June 30, 2006 on a net basis1. With a portfolio of 46 exploration licences, the company has the largestexploration acreage in Pakistan, covering 39% of the total awarded as of June2006. While its focus to date has been on onshore exploration, the company hasalso recently begun conducting offshore exploration activities, an area whichthe company believes has significant untapped potential. OGDCL had a net profit PKR 45.8bn for the year ended June 30, 2006 and PKR12.0bn for the three months ended September 30, 2006. 1 based on data compiled by the Directorate General of Petroleum Concessions, orDGPC This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
29th Oct 202011:15 amRNS1st Quarterly Report Sept 30, 2020 - Replacement
29th Oct 202010:11 amRNSQuarterly Report September 30, 2020
29th Oct 20207:06 amRNSFinancial Results period ended September 30, 2020
28th Oct 20201:58 pmRNSMeeting in Progress
28th Oct 20201:46 pmRNSResolutions passed at 23rd AGM of OGDCL
21st Oct 20207:00 amRNSBOARD MEETING AND CLOSE PERIOD
20th Oct 20208:26 amRNSMaterial Information
15th Oct 20207:38 amRNSRESIGNATION OF DIRECTOR
6th Oct 202011:30 amRNSTransmission of Annual Report 2020
1st Oct 202010:58 amRNSNotice of 23rd Annual General Meeting
28th Sep 202012:21 pmRNSFinancial Results for the year ended June 30, 2020
18th Sep 202012:34 pmRNSBoard Meeting and Close Period
28th Aug 202012:04 pmRNSGAS/CONDENSATE DISCOVERY AT SIAB-1 WELL
25th Aug 20207:00 amRNSGAS/CONDENSATE DISCOVERY AT TOGH BALA WELL -01
16th Jul 20209:24 amRNSMaterial Information
24th Apr 20209:12 amRNSFinancial Results quarter ended March 31, 2020
15th Apr 202010:03 amRNSBoard Meeting and Close Period
10th Mar 20207:00 amRNSResignation of Director
26th Feb 20208:10 amRNSFinancial Results for Quarter ended Dec 31, 2019
18th Feb 202010:52 amRNSBoard meeting and close period
27th Jan 20207:10 amRNSAppointment of MD/CEO
24th Jan 20209:58 amRNSDiscovery of Gas Condensate at Well Metlo 01
21st Jan 202010:50 amRNSAppointment of MD/CEO
6th Jan 202010:13 amRNSMaterial Information UCH II Well Head Gas Price
27th Dec 20197:00 amRNSChange of Director
20th Dec 201911:01 amRNSMinutes of 22nd Annual General Meeting
25th Nov 20197:46 amRNSClarification
25th Nov 20197:00 amRNSResignation of Director
8th Nov 201910:05 amRNSMaterial Information
25th Oct 201911:02 amRNSFinancial Results for the Quarter Ended 30-09-2019
17th Oct 201911:29 amRNSBoard Meeting and Close Period
16th Oct 201910:47 amRNSDiscovery of Gas Condensate at Togh Well # 01
2nd Oct 201910:20 amRNSTransmission of Annual Report 2019
2nd Oct 20198:48 amRNSTransmission of Annual Report 2019
27th Sep 20197:21 amRNSNotice of Twenty Second Annual General Meeting
26th Sep 201912:10 pmRNSChange of Director
18th Sep 20191:05 pmRNSFinancial Results for the year ended June 30, 2019
18th Sep 201912:04 pmRNSFinancial Results for year ended June 30, 2019
17th Sep 20199:27 amRNSDiscovery of Oil and Gas at Chanda Well # 05
11th Sep 201910:55 amRNSBoard Meeting and Close Period
27th Aug 20198:21 amRNSDiscovery of Gas and Condensate at Togh Well # 01
23rd Aug 201912:44 pmRNSDISCOVERY OF OIL AND GAS AT MAKORI WELL #2
1st Aug 20199:19 amRNSChange / Appointment of MD/CEO
24th Jul 201911:49 amRNSDiscovery of oil and gas at Well Pandhi 01
4th Jul 20199:27 amRNSChange of Director
1st Jul 201911:34 amRNSChange / Appointment of Managing Director/CEO
13th May 20199:08 amRNSDISCOVERY OF GAS CONDENSATE AT MANGRIO WELL # 01
26th Apr 201912:47 pmRNSFinancial Results March 31, 2019
17th Apr 201910:57 amRNSBaord meeting and close period
9th Apr 20198:38 amRNSChange of Directors

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