REG - Oil and Gas Devt Co - Material Information

Oil And Gas Development CoAnnouncement

14/10/2025 10:30

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

 

 

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

 

 The General Manager,               London Stock Exchange Plc.,

 Pakistan Stock Exchange Limited,   10 Paternoster Square,

Stock Exchange Building,

                                  London EC4M 7LS.
 Stock Exchange Road,

Karachi-74000, Pakistan.

                                    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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