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Material Information

14th Oct 2025 10:15

RNS Number : 2995D
Oil and Gas Development Company Ltd
14 October 2025
 

 

 

 CS04-08/(PSX/LSE/SECP) October 14, 2025

 

The General Manager,

Pakistan Stock Exchange Limited,Stock Exchange Building,

Stock Exchange Road,Karachi-74000, Pakistan.

London Stock Exchange Plc.,

10 Paternoster Square,

London EC4M 7LS.

 

Tel: (44) 20 7334 8907

Subject: Material Information

 

Dear Sir,

 

This is in continuation of our earlier disclosures dated July 29, 2024, August 06, 2024 and August 19, 2024 regarding testing results of Lumshiwal, Kawagarh and Lockhart formations at Razgir-1 well. As per information received from MOL (the operator of TAL Block), it is informed that Razgir-1 well has been brought onstream on October 12, 2025 at Tolanj Production facility. The gas production has been successfully ramped up to ~28 million cubic feet per day of gas and 350 barrels per day of condensate. Post-commerciality working interest of Oil and Gas Development Company Limited is 27.76%.

 

The above information is submitted in compliance with Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of PSX Regulations, for dissemination amongst your members please.

 

 Yours sincerely,

 

 

(Wasim Ahmad)

Company Secretary

Copy:

Executive Director/HOD, SECP,63, NIC Building, Jinnah Avenue, Blue Area, Islamabad.

 

 

 

 

 

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