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Company Overview, Dec 2012..

www.ogdcl.com


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Largestupstream

player inPakistan

Excellentproduction and

explorationprospects

Strongfinancial

position Favourablepera ng

Environment

Provenexplorationtrack record

Attractive costsand returns

2


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Historical Information

Incorporated as a Corporation : August 1961

Incorporated as a Company : October 1997

Wells Drilled since inception : 654

Discoveries made since inception : 96

Listing of shares on Stock Exchanges : KSE, LSE & ISE

Listing of GDRs : London Stock Exchange

- .


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HSE

Compliant to HSE international, local laws & best practices.

Environmental Excellence Awards for the last f ive yearsendorsed by UNEP.

Major fields are IMS (Integrated Management System ISO 9001,.

TOP HSE Initiatives for behavioral based safety.

Onsite training programs on HSE.

Employee HSE awareness is high.


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Company Info:

Reserves, MMBOE : 1,067

Average daily Production, Gas, MMSCFD : +/- 1,000

Average daily Production Oil, BOPD : 41k

In House resources

Seismic Parties : 5

En ineerin Field Parties : 7

Total rigs in operation : 14-16


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Country ProductionOIL

GAS

OGDCLs Share 42,212 BOPD

Other Companies Share 27,234 BOPD

,

OGDCLs Share 1,055 MMCFDOther Companies Share 2,938 MMCFD

666666

As ofSeptember, 2012

Source: DGPC


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The New Initiative

60,000

KPD Phase-II & Rajian Well #07Sinjhoro Phase-II & Jakhro

(1,600+230 = 1,830)

52,230 BPD50,000

55,000Sinjhoro Phase-I &

Nur & Bagla

(1400+100=1500) KPD Phase-II (i)(1,800)

, ,Nashpa Well #03(3,500)

39,372 BPD

45,000

PD 42,450 BPD

35,000

,B

Oil TargetAnnual:Forecast:

30,000

Jul-12

Aug-12

Sep-12

Oct-12

Nov-12

Dec-12

Jan-13

Feb-13

Mar-13

Apr-13

May-13

Jun-13


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The New Initiative

1,400

KPD Phase-II(i) & Bahu Dev. Well #06(70+06 = 76)

Sinjhoro Phase-II, Qadirpur HRL #07 & Jakhro(09+06+06 = 21)

1,353 MMSCFD

1,200

1,300Installation of Ex-Pirkoh Compressors, Qadirpur

Dev. Well #48 & Bahu Dev. Well #05(75+10+06 = 91)KPD Phase-II

(70)Nashpa Well #03

(16)

1,100

SCF

D

1,018 MMSCFD

-Nur & Bagla(12+10=22)

Maru-Reti & Qadirpur #49ERW

(15+20 = 35)

990 MMSCFD

900

1,000MM

Sale Gas TargetAnnual:Forecast:

800

Jul-12

ug-12

ep-12

Oct-12

ov-12

ec-12

an-13

eb-13

ar-13

pr-13

ay-13

un-13


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Rigs & Prod Facilities


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TargetsAchievement QTR-1

Activities

-2012-13

2012-13

- % ageAchieved

Oil (BPD) 43,298 40,164 93% 43,311

(MMCFD)

981 969 99% 1,031


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On oin Pro ectsOn oin Pro ectsProjects

Estimated CostUS$ (MM)

LocationExpected

CompletionExpected

Prod Capacity

unnar asa -Tando Allahyar

(KPD & TAY)IntegratedDevelopment

350Hyderabad,

Sindh

PHASE-I Completed

PHASE-II (Interim) May, 2013

PHASE-II February, 2014

ales as il LP(MMscfd) (BPD) (MTD)

PHASE-I: 100 1500 120PHASE-II 125(Interim):PHASE-II: 150 3600 290

*

Sinjhoro64

Sanghar,

Sindh

PHASE-I November, 2012

PHASE-II May, 2013(Includes production of Phase-I)

Sales Gas Oil LPG(MMscfd) (BPD) (MTD)

PHASE-I: 16 1400 50

PHASE-II: 9 1600 70

o a :

Uch-IIDevelopmentProject

188Dera Bugti

Balochistan

February , 2014 (CDD) for Power

Generation to produce 404 MW of

electricity

Sales Gas: 160 MMscfd @ 450 BTU/SCF

a agsDevelopmentProject

22 Jhal Magsi,Balochistan

December, 2013** Subject to SSGCL ability of

laying the 85 km pipelineSales Gas: 15 MMSCFD @ 934 BTU/SCF

Nashpa/ MelaDevelopment

Cost estimates Karak Sales Gas: 89 MMscfd @ 950 BTU/SCF

ProjectLPG Plant

revised

,KPK

,Crude: 23650 bbls/ day

* Phase-II production includes f rom Phase-I & Phase-II Interim


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On oin Pro ectsOn oin Pro ectsProjects

Estimated Cost(MM $)

Estimated2P Reserves (BSCF)

Current Status Prov ided By RMD Department(as of 29.11.2012)

Sara West 72 400.0 Waiting for gas allocation.

Zin 100 591.0Under Appraisal with

xp ora on ep .

Suleiman 40 25.0Application for DOC & Lease

being prepared.

Jandran 22 30.0Development options beingevaluated.

DhodakDeep

35 60.0 Under Appraisal withExploration Dept.

Deep 60 60.0Under Appraisal with

Exploration Dept.


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Exploration Activities,

LEGENDPROVINCE OGDCL

OPERATEDNON

OPERATED

Punab 07 -

Sindh 09 -

Balochistan 10 01KPK 05 02

Offshore 03 04

Drilling Activities

Seismic Acquisition

WELLS UNDER DRILLING

PROVINCE

NAME OF WE LLS

KPK 1 Nash a-4

SEISMIC OPERATIONS

Crew Area Mode

Punjab (1) Ajuwala-1 (2) Narang Shah-1(3) Chak Naurang South-2(4) Bahu -5 (6) Rajian-7

Sindh (1) Dhachrapur-2(2) Raja-1 (3) Aradin-1

SP-1 Bitrisim 3D

SP-2 FimKassar 2D

SP-3 Dakhni 2D

(4) Qadirpur 46

Baloch-

istan

(1) Zin-3

-

SP-5 Chanda-Mela 3D


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Exploration Activities

NEW BUSINESS VENTURES Evaluation :

MGCL Hanna Block Farm-in.

Asset Sale: Pakistan 5 Blocks, Bangladesh 2 Blocks.

PROSPECTIVITY ASSESMENT :Pros ectivit Evaluation of Biddin Blocksacreage on going.

G&G WORK FOR PG :On going

Interpretation Facilities :GEOFRAM / PETREL. Seismic Data Processing :H/W S/W under installation.

System: :Professionals on Training in Cairo.

BALOCHISTAN ACTIVITIES :Kup-1 and Kalchas-1 Well location marking.Zin -3 under drilling, civil work on Zin Deep &4 Appraisal Wells in progress.

OFFSHORE Block G :Novation / Assignment Agreement .

Offshore Indus A & R :Advance Seismic Processing planned.


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Seismic Targets vs Achievements2008-09 TO 2012-13

6000

4831

4313

5129

5000

3166

23162290 2228

3129

24932589

3000

ters

1680

968

16681500

705

1128

660 655533

1000

2000Kilom

291

0

200809 200910 201011 201112 201213

2DClear

Area

Target

+

Securityarea 3D

Clear

Area

Target 2D

Acquired 3D

Acquired

(As on 05-12-2012)


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Drilling Schedule, 2012-13

JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN

Ajuw ala-1(Exp )-5300M- Ongoi ng Repair Fateh Jang X-1(Exp)-4500m

SR.

NO.RIG

Fiscal Year 2012-2013 No. of wellsto be

spudded

Remarks1ST QTR. 2ND QTR. 3RD QTR. 4TH QTR.

1 N-1

2

1

2

Repair

2

N-2

3 N-3

5 N-55

4 N-4

2

Kohat-1 (Exp)1700m-Ongoin g

Nashpa-4(Dev)-4500m

Zin-3(Appr)-2100M- Ongoin g

Rig Repair Mela-4(Dev)-5100m

Q.Pur Deep X-1(Exp)

Soghri X-1(Exp)-4800m

Zin-4(SML App r)-1100m

Rajian-7(Dev)-3700m

W.Over Deep wells

Zin-5(SML Ap pr)-1100m

aan - e-en ry

3

Repair

3

1

QP 46 SML(Dev)

5HRL-6(Dev)-Ongoing

7 307

6 F-125

Multan N-1(Exp)-1900m

Bahu-8(Dev) Mianwali A-1(A)-2500m

Sara West-4(Dev)-2700m

8 W.Over jobs

Ara Din -1 (Exp)-4300m-On goi ng

N. Sh ah-1(Exp)-1700m-Ongoin g

K-750T

10 C.R CCDC-26

9C.R.

CRACOW-1QP 50 SUL(Dev)

QP 48 SML(Dev)-vertical QP HRL-7(Dev)

QP 47 SML(Dev)QP 49 SML(Dev)

W. Over Jobs Reti/Maru(Dev)-800m

u an or xp - m

Bahu-7 (Dev)-1700m

a u- ev - m

Repair

a u- ev - masa - ev - m- ngo ng

3

Nashpa-3(Appr)-5200M- Ongoing C Naurang S-2(Appr)-3310m

2

3

3

2

13 Sara West-5(Dev)-3000mSinopec-149

14 Zin Deep-1(Exp)-4200m Jhal Magsi E-1(Exp)-3500m

12

Raja-1(Exp)-4000m

C.R. CCDC-31 Dhachrapur-2 (Appr) -3975m-Ongoin g

C.R. CCDC-27

Cont. Rig

.

11

Sinjho ro X-1(Exp)-3700m

Bitrism X-1 (Exp)-3200mQP HRL-8(Dev)

Gurgalot X-1(Exp)-5200m

Bobi-10(Dev)-3500m

2

1

15

16

Cont. Rig

Cont. Rig

KUP X-1 (Exp)-(4000m) Kalchas X-1(Exp)-4000m

Thal A-1(Appr)-3650m

Kalchas X-1 is stretched target.

Subject to willingness of rigcontractor.

Prepared on 30-11-12

Firm w ells Co nt ingent Sec uri ty W.Over Repair Mob il zat ion Ongoi ng

Legend:

o a


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Drilling Performance- -

32+20** + **

60No. of Rigs Wells Spudded Target

31+5**40

50

3026

2125

25+2**30

BERS

BERS

16 16 1713

1617

10

20NUNU

3*

10

70

2008-09 2009-10 2010-2011 2011-12 2012-13

(Ason30112012)

*03wellsexpectedtospudinDec,2012

**Security

sensitive

areas


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Joint Ventures Signed Confidentiality Agreements with a local E&P Co for

.

OGDCLs assets available for Farm-out have been shared with an.

Blocks. Similarly, 8 International Blocks are under review.

- - - .

OGDCL is active in seven non-operated joint ventures.

Target vs Achievement of Non-operated J V, Oil - 98% & Gas - 103%


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New BusinessExploring avenues for developing new business. Following initiatives

a) EOI to participate in EOR/IOR and revitalization of maturefields.

b International consultants bein en a ed for identificationvaluation and acquisit ion of an overseas oil company.

opportunities locally & internationally.


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Human Resources

High quality and English speaking manpower available.

.

RPRJ, perpetual process. Field Rotation 21/21 days.

Rotation of all Field Managers /OMS/ Party Chiefs within 3 years.

Compensation Pay Package Studies every 3 years.

.

Training plan for 2500+ officers at OGTI.

Converting OGTI into a University.

Retired employees are contacted to deliver courses. Team building exercises, dispute resolution etc.

- .

Medical facili ty for retired/widow and their dependants.


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OGTI


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OGTI


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OGTI


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External Communications

Continuous mapping exercise on company image building.

ra ne personne or me a an ng.

Focused on CSR activities.

Enhancing external communications.


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Risk MatrixHigh

oss o

ProductionI

Manpower

Recovery of

M

edi

PACT

O

Loss of

umB

USIN

Loss ofWorkplace

ReputationSS

LowHighMedium

CHANCES OF HAPPENING


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Risks & Levels

Risks

1. Loss of ProductionHigh

2. Recover of DuesMedium

3. Loss of ReputationLow

4. Loss of WorkplaceLow

.Low


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Cor orate Social Res . As a responsible corporate entity, OGDCL continues to serve the

.executed for the locals and society at large.

At Exploration Phase US$ (10,000 to 30,000) is allocated annually foreac cense.

At Production phase, contribution to society increases on the basis ofunits roduced commerciall .

Cumulatively OGDC spends at least 1% of previous years net profit onCSR activities.

For the year 2012-13, this amount comes to PKR. 635.273 Mill ion.


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CSR Areas of Focus

EDUCATIONTechnical Training SchoolsDistribution of Stationery

HEALTHFree doctors & medicines,Ambulance Services,

Scholarships for high schoolsDonation of Furniture,

Computers & Water Coolers

Free Eye Camps

Facilitation for Polio Campaigns

SPORTSSANITATION

Develop Play Grounds andProvision for Equipments for SportsNational level sports funding

for Football

ayng o pe nes

Overhead tanksProvision of water through Bowsers

Hand pumpsConstruction of Mini Dams


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CSR Activities

-PKR 177Million

Budget (2012-13)PKR 76Mill ion

Budget (2012-13)PKR 329Million

Budget (2012-13)PKR 52Million

SectorsEducation

Health

Sanitation

Sports8


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Overall CSR Budget for the 4

rov nces, , -

Balochistan

52.214 Million

75.921Million

Sindh

12%

28%

177.650

329.488

Million

CSR Budget 1% of net profit = 635.273

* PCA Budget Included


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CSR Activities Province Wise

BalochistanKPK

CS S %


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CSR Schemes, %

120

Provision of

100

Medicinesto TaluqaHospital

Constructionof metaled

road

Ambulance to

Equipmentsto

secondaryschool

Provision ofambulance to

S/W Dispensary

Primary school.

Running ofTando Mari

school Asgarabad

60

80

Construction ofS/W Dispensary

school

40

Construction

20

o e

Hospital

Up-gradation

ofMonotechnic

institute

0

Codal formalities completion Physical progress

a r p u r K u n n a r

Total No. of Schemes = 11

Total Cost of Schemes= 130.107 MillionTotal Budget = 329.488


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CSR Schemes, (SINDH)

Flood relief activit ies at Qadirpur


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Social welfare dispensary Qadirpuroa rom u c spensary o a rpur own

Vocational Training Centres for men & women -TOC


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ree ye amp a o

Free medical camp for flood affectees - TOC Free Eye Camp at TOC

CSR Schemes %


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CSR Schemes, %

120

Constructionof one class

room

Furniture toGovt. Boys

school Water

Misc. itemsfor S/W

Dis ensar

100

Construction

Water storageTanks

of S/W

Dispensary

coolers ,beds for S/WDispensary

Repair ofroad

Punj dheer

of 2RCC Tanks

60

80of class room

Mother andchild center

40

0

20

Rajian Fimkassar Chak Naurang Nandpur

Codal formalities completion Physical progressTotal No. of Schemes = 10

Total amount of Schemes= 36.85 Million

Total Budget = 75.921

a qa


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CSR Schemes (PUNJAB)

Small schools at ChakNaurang

Distribution of Books at Sadqal Oil FieldWater Tank - ChakNaurang


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Free Eye Camp at Toot

Class rooms Constructed at ChakNaurag


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Distribution of Food Hampers at Kalchas

Dispensary Under Construction at Chak Naurang Library at Chak Naurang

CSR Schemes %


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CSR Schemes,%

120 Installation of 25pressure pumps

Construction ofNashpa banda road

80

100175 storage

water Tanks

50 pressure

pumps

40

60

Hiring ofCaravan

20

Free eye camp

Codal formalities completion Physical progress

Chanda NashpaLatamber

No. of Schemes = 06

Amount of Schemes= 27.830 Mil lion

Budget (2012-13) = 177.650


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CSR Schemes KPK

Water supply to the locals at ChandaConstruction of Nashpa Banda dirt track road


45/49

CSR Schemes


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CSR Schemes,

u c c oo ons ruc e y a o

Social Welfare dispensary - LotiConstruction of Pesh Bogi Bridge at Pirkoh


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Opportunities With OGDCL

E&P companies can partner in a Joint venture atexploration stage. Info available on website.

and other work. Tender documents are free andposted on our website from time to time.


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THANK YOU !!


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THANK YOU !!

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