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Wellhead Prices

9 Apr 2014 13:28

RNS Number : 4461E
Oil and Gas Development Company Ltd
09 April 2014
 



No. CS04-08(KSE/LSE/ISE)

April 09, 2014

1.

The General Manager,

Karachi Stock Exchange (G) Limited,

Stock Exchange Building,

Stock Exchange Road,

Karachi

Fax No: 021-111-573-329, 2437560

2.

The Secretary,

Lahore Stock Exchange (G) Limited,

19-Khayaban-e-Aiwan-e-Iqbal,

Lahore

Fax No. 042-36368485

3.

The Secretary,

Islamabad Stock Exchange (G) Ltd,

55-B, ISE Towers, Jinnah Avenue,

Islamabad

Fax No. 051-111473329

4.

London Stock Exchange Plc.

10 Paternoster Square,

London EC4M 7LS

Tel: (44) 20 7334 8907

 

SUBJECT: DISSIMINATION OF MATERIAL INFORMATION - WELLHEAD GAS PRICES

 

Dear Sir,

 

We are pleased to inform you that Oil and Gas Regulatory Authority (OGRA) has notified the wellhead gas prices for OGDCL operated fields for the period January 1, 2014 to June 30, 2014 as under:

 

Name of the Field

To be sold to

Price per MMBTU

Loti Field

SNGPL

PKR 146.05

Dhodak Field

SNGPL

PKR 310.59

Ex-Dakhni Oil Field

SNGPL

PKR 155.45

 

 

Sadkal Gas Field

 

SNGPL

When daily production taken on a monthly average is (MMBTU / day)

Rs / MMBTU

1

Upto and including 100

896.92

2

Greater than 100 up to and including 200

794.41

3

Greater than 200 up to and including 300

691.91

4

Greater than 300

563.78

Qadirpur Gas Field

SNGPL

PKR 317.96

Chanda Gas Field

SNGPL

US$ 2.7552

Mela Gas Field

SNGPL

US$ 2.7552

Nashpa Gas Field

SNGPL

US$ 2.7552

Kunnar Deep and Pasaki Deep Gas Field

SSGCL

US$ 2.5652

Noorai Jagir Field

SSGCL

US$ 2.5652

Sari Hundi Field

SSGCL

When daily production taken on a monthly average is (MMBTU / day)

RS/ MMBTU

1

Up to 30

873.87

2

Greater than 30 up to 50

822.47

3

Greater than 50 up to 70

771.07

4

Greater than 70 up to 90

719.66

5

Greater than 90 up to 110

668.26

6

Greater than 110 up to 130

616.85

7

Greater than 130 up to 150

565.45

8

Greater than 150 and upwards

514.04

Bobi Field

SSGCL

When daily production taken on a monthly average is (MMBTU / day)

RS/ MMBTU

1

0 upto and including 30

616.85

2

Greater than 30 upto and including 50

565.45

3

Greater than 50 and all upward

514.04

Nandpur/Panjpir Field

Fauji Kabirwala Power Company Ltd.

PKR 393.41

Uch Gas Field

Uch Power Company Limited

US$ 3.9223

Pirkoh Field

SNGPL

PKR 146.05

 

2. The above is being provided to you in compliance with the requirements of Clause No. (xx) of the Code of Corporate Governance, 2012.

 

Thanking you,

Yours sincerely,

 

 

 

(Ahmed Hayat Lak)

Company Secretary

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLLFFFSEIAIIS
Date   Source Headline
15th Aug 20088:51 amRNSNotice of AGM
12th Aug 20087:00 amRNSBoard Meeting and Close Perio
7th Aug 20087:56 amRNSDirectorate Change
7th Aug 20087:46 amRNSNotice of Results
28th Jul 20087:00 amRNSDrilling Report
21st Jul 20083:46 pmRNSSecond Price Monitoring Extn
21st Jul 20083:40 pmRNSPrice Monitoring Extension
4th Jul 20088:24 amRNSDrilling Report
28th Apr 20088:16 amRNS3rd Qtr Results - Highlights
28th Apr 20088:16 amRNS3rd Qtr Results - Dividend
28th Apr 20088:16 amRNS3rd Qtr Results-Consolidated
28th Apr 20088:14 amRNS3rd Qtr Results- OGDCL Only
23rd Apr 20087:00 amRNSDrilling Report
18th Apr 200812:58 pmRNSDrilling Report
15th Apr 20087:00 amRNSThird Quarter 2007-08
28th Feb 20087:00 amRNSChange of Director
27th Feb 20087:48 amRNSHighlights
27th Feb 20087:48 amRNS2nd Interim Dividend
27th Feb 20087:48 amRNSConsolidated A/C Dec 31, 2007
27th Feb 20087:47 amRNSOGDCL Half Year (Dec 31,07)
13th Feb 200812:09 pmRNSNotification of Board Meeting
25th Jan 200810:16 amRNSDrilling Report
20th Nov 200711:15 amRNSDrilling Report
25th Oct 20078:16 amRNSHighlights
25th Oct 20078:16 amRNSDividend Announcement
25th Oct 20078:16 amRNSConsolidated OGDCL Accounts
25th Oct 20078:16 amRNSStandalone - OGDCL Accounts
4th Oct 20078:26 amRNSNotice of Results
22nd Aug 20079:45 amRNSFinal Results - Announcement
22nd Aug 20079:30 amRNSFinal Results - Highlights
22nd Aug 20079:24 amRNSFinal Results -Consolidated
22nd Aug 20079:24 amRNSFinal Results
8th Aug 20077:02 amRNSWell Head Gas Prices
24th Jul 200712:40 pmRNSNotice of AGM
20th Jul 20077:25 amRNSNotice of Results
5th Jul 20073:09 pmRNSNotice of AGM
5th Jul 20079:17 amRNSDISCOVERY OF HYDROCARBON
23rd May 200710:30 amRNSDISCOVERY OF HYDROCARBON
26th Apr 200710:29 amRNSDividend Declaration
26th Apr 200710:29 amRNSStandalone accounts and notes
26th Apr 200710:08 amRNS3rd Quarter Results
25th Apr 20079:30 amRNSGas and Condensate Discovery
23rd Apr 20072:55 pmRNSGas and condensate discovery
19th Apr 200710:07 amRNSDiscovery of hydrocarbon
18th Apr 20079:26 amRNSGas and condensate discovery
17th Apr 20078:41 amRNSNotice of Results
5th Mar 20079:11 amRNSWell Head Gas Prices
26th Feb 200710:11 amRNSFarming-in in Guddu block
21st Feb 200710:05 amRNSInterim Results
21st Feb 20079:19 amRNSDividend Declaration

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