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Well Head Gas price for LOTI&QADIRPUR Fields

25th Feb 2010 11:13

RNS Number : 6766H
Oil and Gas Development Company Ltd
25 February 2010
 

No. CS04-08(KSE/LSE/ISE)

February 25, 2010

 

London Stock Exchange Plc.

10 Paternoster Square,

London EC4M 7LS

Tel: (44) 20 7334 8907

 

SUBJECT: DISSEMINATION OF MATERIAL INFORMATION - WELL HEAD GAS PRICE

 

Sir,

 

We are pleased to inform you that Oil and Gas Regulatory Authority (OGRA) vide notification No.10-9(17)/2010 and No.10-9(21)/2010 both dated February 18, 2010 has determined and notified the wellhead gas price for Loti and field provisional price for Qadirpur field respectively for the period effective from 1st January 2010 to 30th June 2010 as under:

 

NAME OF THE FIELD

PRICE PER MMBTU (RS)

Loti

116.75

Qadirpur

(Provisional) 227.68

 

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

 

Sincerely,

 

 

(Eram Ali Aziz)

Company Secretary

 

 

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