17 Aug 2026
NOTICE TO SHAREHOLDERS- UNCLAIMED SHARES AND DIVIDENDS Oil & Gas Development Company Limited issued a final notice to shareholders to file claims for unclaimed shares and dividends within 90 days, failing which the unclaimed amounts will be deposited with the Federal Government pursuant to Section 244(2) of the Companies Act, 2017. OTHERS 09 Jul 2026
Transfer of BESOS shares back to Government of Pakistan Oil & Gas Development Company Limited (OGDCL) has announced the transfer of 432,189,039 ordinary shares from the Benazir Employees Stock Option Scheme (BESOS) back to the Government of Pakistan. This transfer, mandated by the Supreme Court of Pakistan, increases the government's direct shareholding in the company from 67.48% to 77.53%. OTHERS 30 Jun 2026
Successful Testing and Completion of Development Well Chak 63-05 OGDCL has successfully completed the development well Chak 63-05 in the Sanghar district, Sindh. The well is producing 600 barrels of condensate per day and 10.5 million standard cubic feet of gas per day, with plans for early monetization through the SSGC system. OTHERS 29 Jun 2026
OGDCL Brings Bobi Deep-1 into Production on Fast-Track Basis Oil & Gas Development Company Limited (OGDCL) has successfully commenced production from the Bobi Deep-1 well in the Sanghar district, Sindh. The well is currently producing 2,000 barrels of oil per day, following the fast-track installation of a 1.5 km flowline to the Bobi plant. OTHERS 24 Jun 2026
RECEIPT OF TWELFTH AND FINAL INTEREST PAYMENT UNDER TERM FINANCE CERTIFICATES (TFCs) BY POWER HOLDING LIMITED Oil & Gas Development Company Limited (OGDCL) has received the twelfth and final interest payment of Rs 7.725 billion from Power Holding (Private) Limited. This brings the total interest received under the circular debt settlement plan to Rs 92 billion. OTHERS 23 Jun 2026
Commencement of Gas Production from Sahito 1 Discovery Well in Khewari Exploration License OGDCL has successfully commenced gas production from the Sahito-1 discovery well in the Khewari Exploration License, currently yielding 6.0 MMSCFD. The company plans to ramp up production following the expansion of surface facilities and has connected the well to the Sinjhoro Plant for processing and injection into the SSGCL network. OTHERS 19 Jun 2026
COMPLETION OF FARM-IN TRANSACTION FOR ADDITIONAL WORKING INTEREST IN QADIRPUR D AND PL Oil & Gas Development Company Limited (OGDCL) has successfully completed the acquisition of an additional 7.99% working interest in the Qadirpur Development & Production Lease (D&PL). This transaction increases OGDCL's total working interest in the concession area from 75.00% to 82.99%. OTHERS 03 Jun 2026
Oil Discovery from Bobi Deep 1 in Bobi and Dhamraki Mining Lease District Sanghar Sindh OGDCL has announced a new oil discovery at the Bobi Deep-1 exploratory well in the Sanghar district of Sindh. The well tested at a rate of 2,000 barrels of oil per day and 1.1 million standard cubic feet of gas per day, marking the first hydrocarbon discovery from the Massive Sand play in this area. OTHERS 25 May 2026
RECEIPT OF ELEVENTH INTEREST PAYMENT UNDER TERM FINANCE CERTIFICATES (TFCs) BY POWER HOLDING LIMITED OGDCL has received the eleventh installment of Rs 7.725 billion from Power Holding (Private) Limited as part of the government's circular debt settlement plan. This payment is one of twelve equal monthly installments totaling Rs 92 billion, reflecting ongoing progress in addressing energy sector circular debt. OTHERS 22 May 2026
CREDIT OF THIRD INTERIM CASH DIVIDEND (D-98) OGDCL has successfully credited the third interim cash dividend of Rs 3.25 per share (32.5%) for the financial year ending June 30, 2026, into the bank accounts of its shareholders. Actions 21 May 2026
Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations Oil & Gas Development Company Limited (OGDCL) reported a sale of 53 shares by a member of its senior management, Khurram Shiraz, on May 15, 2026, at a price of 321.00 per share. Insiders 21 May 2026
Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations Oil & Gas Development Company Limited (OGDCL) reported a sale of 53 shares by a member of its senior management, Khurram Shiraz, on May 15, 2026. Insiders 30 Apr 2026
Shariah Disclosures under Clause VII of Part I of Schedule IV of the Companies Act, 2017 Oil & Gas Development Company Limited has released its Shariah disclosures for the half-year ended December 31, 2025, in compliance with the Companies Act, 2017 and PSX regulations. The document provides a breakdown of Shariah-compliant and non-Shariah-compliant financial assets, income, and banking arrangements. OTHERS 30 Apr 2026
Transmission of Quarterly Report for the Period Ended March 31, 2026 OGDCL reported a profit after tax of Rs 115.263 billion for the nine months ended 31 March 2026, compared to Rs 129.606 billion in the same period last year. The Board has also announced a third interim cash dividend of Rs 3.25 per share, bringing the total dividend for the fiscal year to Rs 7.75 per share. Financials 29 Apr 2026
FINANCIAL RESULTS FOR THE PERIOD ENDED MARCH 31 2026 Oil and Gas Development Company Limited reported a net profit of PKR 115.26 billion for the nine months ended March 31, 2026, compared to PKR 129.61 billion in the same period last year. The Board of Directors also declared an interim cash dividend of PKR 3.25 per share (32.5%), in addition to the previously paid interim dividend of PKR 7.75 per share. Financials 24 Apr 2026
RECEIPT OF TENTH INTEREST PAYMENT UNDER TERM FINANCE CERTIFICATES (TFCs) BY POWER HOLDING LIMITED OGDCL has received its tenth monthly installment of Rs 7.725 billion from Power Holding (Private) Limited as part of the government-approved circular debt settlement plan. This payment is part of a total interest repayment of Rs 92 billion, marking continued progress in addressing energy sector circular debt. OTHERS 20 Apr 2026
Board Meeting and Closed Period Oil & Gas Development Company Limited has scheduled a Board of Directors meeting for April 29, 2026, to review the financial accounts for the nine-month period ending March 31, 2026, and to consider potential shareholder entitlements. A closed period for trading by insiders has been declared from April 21, 2026, to April 29, 2026. Meetings 01 Apr 2026
Material Information Oil & Gas Development Company Limited announced the commencement of gas and condensate production from the Spinwam-1 discovery in the Waziristan Block under the Extended Well Testing phase, with a current gas production rate of ~40 MMscfd and ~200 BBL/D of condensate. This development brings combined capacity from Shewa and Spinwam wells to around 100 MMscfd gas and ~800 BBL/D of condensate. OGDCL holds a 35% working interest in the joint venture. Material 27 Mar 2026
Appraisal of Existing Discovery of Hydrocarbons in TAL Block at Bilitang-1 (ST-1) Exploratory Well , Khyber Pakhtunkhwa Province Pakistan OTHERS 26 Mar 2026
OGDC | Oil & Gas Development Company Limited GAS DISCOVERY AT SAHITO-1 EXPLORATORY WELL IN KHEWARI EXPLORATION LICENSE DISTRICT KHAIRPUR SINDH PROVINCE PAKISTAN OTHERS