Oil&gas Regs Regulatory News (OGDC)

 CS04-08/(PSX/LSE/SECP) October 14, 2025

Subject: Material Information

Dear Sir,

This is in continuation of our earlier disclosures dated July 29, 2024, August 06, 2024 and August 19, 2024 regarding testing results of Lumshiwal, Kawagarh and Lockhart formations at Razgir-1 well. As per information received from MOL (the operator of TAL Block), it is informed that Razgir-1 well has been brought onstream on October 12, 2025 at Tolanj Production facility. The gas production has been successfully ramped up to ~28 million cubic feet per day of gas and 350 barrels per day of condensate. Post-commerciality working interest of Oil and Gas Development Company Limited is 27.76%.

The above information is submitted in compliance with Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of PSX Regulations, for dissemination amongst your members please.

 Yours sincerely,

(Wasim Ahmad)

Company Secretary

Copy:

Executive Director/HOD, SECP,63, NIC Building, Jinnah Avenue, Blue Area, Islamabad.