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Wellhead Gas Prices

28th May 2012 12:26

RNS Number : 2360E
Oil and Gas Development Company Ltd
28 May 2012
 



 

 

 

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

May 28, 2012

 

1.

The General Manager,

Karachi Stock Exchange (G) Limited, Stock Exchange Building,

Stock Exchange Road,

Karachi.

Fax No: 021-111-573-329, 2437560. 2460923, 2415763

2.

The Secretary,

Lahore Stock Exchange (G) Limited,

19-Khayaban-e-Aiwan-e-Iqbal,

Lahore.

Fax. No. 042-111441441

3.

The Secretary,

Islamabad Stock Exchange (G) Ltd,

55-B, ISE Towers, Jinnah Avenue,

Islamabad.

Fax No. 051-111473329

4.

London Stock Exchange Plc.,

10 Paternoster Square,

London EC4M 7LS.

Tel: (44) 20 7334 8907

 

SUBJECT: DISSEMINATION OF MATERIAL INFORMATION - WELLHEAD GAS PRICES

 

Sir,

 

We are pleased to inform you that Oil and Gas Regulatory Authority (OGRA) has notified the wellhead gas prices for OGDCL operated fields for the periodJanuary 1, 2012 to June 30, 2012 as under:

 

Name of the Field

To be sold to

Price per MMBTU

Qadirpur Gas Field

SNGPL

PKR 243.21

Pirkoh Gas Field

SNGPL

PKR 124.71

Bobi Gas Field

SSGCL

Production Volume (MMBTU/day)

Rs / MMBTU

1.

0 Up to and including 30

549.21

2.

Greater than 30, up to and including 50

503.44

3.

Greater than 50, and all upward

457.67

 

2. The above is being informed to you in compliance with the requirements of Clause No. (xx) of the Code of Corporate Governance 2012.

 

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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