Gas production has also increased by eight per cent. This offer is being made at a price of rs110 per ordinary share of Rs10 each, inclusive of a premium of Rs100 per share, but excluding the share transfer fee, which is to be borne by the applicant at 15 paisa per share in case of physical transfer and one paisa per share in the case of transfer under book entry system. It reserves the right to decide the criteria based on which customers would be allowed to avail of these services. Today it is involved in exploring, drilling, refining and selling oil and gas in. Oil and Gas Development Company Limited is an exploration and production company. The Company is engaged in the exploration, development and production of hydrocarbon products.
The financial results of the Company are enclosed as Annex-I. It is the largest company in Pakistan in terms of , and has repeatedly ranked among the. Cheema with a mandate to initiate steps to open and revive the sick units which stopped functioning due to any reasons n the past. The retail offer will be on a fixed price subscription basis, with the offer price set at Rs110 per share, including a premium of Rs100 per share. The minimum amount of application for subscription of 500 shares is Rs55,075 in case of physical transfer and Rs55,005 in case of transfer under book entry system.
On the exploration and development side company recorded significant enhancement in seismic efforts and drilling activities. The actual flow potential of the well would be determined after completion followed by stimulation. The Board of Directors appreciated the efforts of the management for ensuring production enhancement and significant exploratory work during the period. The board of directors approved the half yearly accounts and noted that the company had earned a total after-tax profit of Rs24. This discovery will add to the hydrocarbon reserves' base of the company and joint venture partners, bringing significant savings to the country in term of oil import bill.
Intraday data delayed at least 15 minutes or per exchange requirements. It also involves in exploration, drilling, process and plants, production, reservoir management, engineering support and commercial. The investments discussed or recommended may not be suitable for all investors. Real-time last sale data for U. Joint applications by more than four persons shall not be accepted. In case of joint accounts, one application will be accepted in the name of each of the joint account holders. The company said its sale revenue during the period increased by 14 per cent and stood at Rs56.
While London South East do their best to maintain the high quality of the information displayed on this site, we cannot be held responsible for any loss due to incorrect information found here. Datta formation was not encountered down to depth of 5250 M due to anomalous increase in thickness of overlying Shinawari formation. The attested photocopy will, after verification, be retained by the bank branch along with the application. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters. The company said it has largest portfolio of net hydrocarbon reserves in the country, with 45 per cent share in oil and 34 per cent in gas.
. Ltd does not warranty the timeliness, accuracy, the profitability and losses. All information is provided free of charge, 'as-is', and you use it at your own risk. The company was founded on March 4, 1961 and is headquartered in Islamabad, Pakistan. All quotes are in local exchange time.
It has a primary listing on the , and secondary listing on the. Users shall bear all responsibility of keeping the password secure. The structure of well Nashpa 03 was delineated, evaluated, drilled and tested utilizing indigenous expertise. In 2013, it has revenue of 223. Allotment of shares shall be subject to scrutiny of applications for subscription.
The Board of Directors announced first interim cash dividend for the year 2018-19 Rs 2. Samanasuk formation has produced 150 barrels per day of crude oil and 0. Applications below the value of Rs55,075 in case of physical transfer and Rs55,005 in case of transfer under book entry system shall not be entertained. The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates. Users are advised to use the data for the purpose of information only and rely on their own judgment while making investment decisions.