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RNS Number : 1559T Oil and Gas Development Company Ltd 16 February 2026
CS04-08 (PSX/LSE/SECP)
February 16, 2026
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: Production Enhancement at Kal Field
Dear Sir,
We are pleased to inform that Oil and Gas Development Company Limited (OGDCL)
has enhanced oil production from its Kal-03 well, located in District Chakwal,
by successfully carrying out workover. Prior to the intervention, the well was
producing approximately 50 barrels of oil per day (BPD) under natural flow.
Following a planned workover that included Multistage Physico-Chemical (MPC)
treatment and ESP installation, the production has increased to 750 BPD.
The activity forms part of OGDCL's ongoing production optimization program
focused on sustaining and improving output from mature fields.
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 among your members.
Yours Sincerely,
(Wasim Ahmad)
Company Secretary
Copy:
Executive Director/HOD,
Offsite-II Department, Supervision Division,
Securities & Exchange Commission of Pakistan,
63, NIC Building, Jinnah Avenue, Blue Area,
Islamabad
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