Last checked at 19 Aug 2008 08:57
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No. CS04-08 (KSE / LSE / ISE) August 19, 2008
| 1. The General Manager Karachi Stock Exchange (Guarantee) Limited, Stock Exchange Building Stock Exchange Road Karachi Fax No: 021-2415763; 2437560 | 2. The Secretary Lahore Stock Exchange (Guarantee) Limited, 19-Khayaban-e-Iqbal Lahore Fax. No. 042-111441441 |
| 3. The Secretary Islamabad Stock Exchange (Guarantee) Limited, 101-E, Fazal-ul-Haq Road Islamabad Fax No. 051-2275044 | 4. London Stock Exchange Plc. 10 Paternoster Square, London EC4M 7LS Tel: (44) 020 7334 8907 |
SUBJECT: DISSEMINATION OF MATERIAL INFORMATION - WELL HEAD GAS PRICE
Dear Sir,
We are pleased to inform you that Oil and Gas Regulatory Authority (OGRA) has revised the well head gas prices of Loti, Dhodak, Dakhni, Sadkal, Qadirpur, Chanda, Daru, Hundi Sari, Nandpur, Uch, Pirkoh and Mela fields of OGDCL effective July 01, 2008 as under:
| PRICE PER MMBTU (RS) | ||
| NAME OF THE FIELD | Revised Price | Previous Price |
| Dhodak field | 202.77 | 182.17 |
| Dakhni field | 101.48 | 91.17 |
| Sadkal field | 517.78 | 366.78 |
| Daru field | 89.22 | 80.16 |
| Hundi Sari field | 476.51 | 342.94 |
| Nandpur & Panjpir fields | 256.84 | 230.75 |
| Pirkoh & Loti fields | 95.35 | 85.66 |
| $ PER MMBTU | ||
| NAME OF THE FIELD | Revised Price | Previous Price |
| Chanda field | 2.8240 | 2.7171 |
| Uch field | 3.9223 | 3.9223 |
| Mela field | 2.6513 | 2.6471 |
Qadirpur price was last notified as Rs 161.02 MMBTU for the period July Dec-07 which will be used until finalization of discount table for Qadirpur gas.
2. The above is being informed to you in compliance with the requirements of Clause No. (xxiii) of the Code of Corporate Governance.
Yours faithfully,
(Basharat A. Mirza)
General Manager /
Company Secretary