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Drilling Report

26th Aug 2008 07:00

RNS Number : 9492B
Oil and Gas Development Company Ltd
25 August 2008
 



XXXXX 2623029

No. CS04-08(KSE/LSE/ISE) August 22, 2008

1.

The General Manager 

Karachi Stock Exchange (Guarantee)

Limited, Stock Exchange Building

Stock Exchange Road

Karachi

Fax No. 021-111-573-329

3.

The Secretary

Islamabad Stock Exchange (Guarantee)

Limited, 101-E, Fazal-ul-Haq Road

Islamabad

Fax No. 051-2275044

2.

The Secretary

Lahore Stock Exchange (Guarantee) Limited, 19-Khayaban-e-Iqbal

Lahore

Fax. No. 042-111441441

4.

London Stock Exchange Plc.

10 Paternoster Square,

London EC4M 7LS

Tel: (44) 020 7334 8907

Subject: TESTING RESULTS OF EXPLORATORY WELL KUNNAR SOUTH WELL NO. 01 (ZONE#2) - TANDO ALLAH YAR E.L.

Dear Sir,

This is further to our letter of even number dated July 23, 2008 of Exploratory Well Kunnar South 01, located in district Tando Allah Yar, Sindh province.

2. The short duration initial testing results of Zone-02 in massive sands of Lower Goru formation pertaining to Kunnar South Well No. 1 are tabulated as under: 

CHOKE SIZE

WHFP (PSI)

Quantity of Gas (MMSCFD) 

Quantity of Condensate (BPD)

Quantity of water (BWPD)

32/64"

3000

14.7

250

50

3. The above will further add to Hydrocarbon Reserves of Kunnar South Well No.1.

4. The above is being provided to you in compliance with the requirements of Clause No. (xxiii) of the Code of Corporate Governance.

Thanking you.

Yours faithfully,

(Basharat A. Mirza)

GM / Company Secretary

CC:

1. The Chairman

Securities and Exchange Commission of Pakistan Islamabad

2. The Commissioner (Enforcement), Securities and 

Exchange Commission of PakistanIslamabad 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLIIFLETSIEFIT

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