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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
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
22nd Feb 20198:21 amRNSOGDCL HY Results Period Ended December 31, 2018
14th Feb 20197:57 amRNSBoard Meeting and Close Period
24th Dec 201810:04 amRNSMinutes of 21st AGM of OGDCL
7th Nov 20187:00 amRNSIssuance of Bonus Shares by MPCL
25th Oct 201812:21 pmRNS1st Quarter Results
18th Oct 201812:34 pmRNSBoard Meeting - Change of Date and Time
16th Oct 201811:24 amRNSBoard Meeting Period and Close Period
2nd Oct 201811:40 amRNSAnnual Report OGDCL 2018
26th Sep 20187:37 amRNSNotice of 21st Annual General Meeting
10th Sep 20188:37 amRNSDiscovery of Oil & Gas Chanda Well 01
7th Sep 20189:40 amRNSFinancial Results Year Ended June 30 ,2018
7th Sep 20187:47 amRNSChange of Director
29th Aug 201810:21 amRNSBoard Meeting and Close Period
7th Aug 20187:58 amRNSDiscovery of Oil &Gas at Mela Well # 05
26th Jul 20188:34 amRNSRESIGNATION OF DIRECTORS
11th Jul 201810:16 amRNSChange of Director
27th Jun 20188:57 amRNSAppointment/Change of director
27th Apr 201810:35 amRNS3rd Quarter Results
18th Apr 20188:37 amRNSBOARD MEETING AND CLOSE PERIOD
5th Apr 201811:33 amRNSFINAL NOTICE - UNCLAIMED SHARES & DIVIDENDS
19th Feb 201811:09 amRNSHalf yearly results December 31 2017
12th Feb 201810:14 amRNSBOARD MEETING AND CLOSE PERIOD
23rd Jan 201810:09 amRNSOne more zone in Lockhart formation discovered
29th Dec 20179:33 amRNSDiscovery of Gas Condensate at Dhok Hussain Well 1

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