/Equities/XLON/OGDC/RNS

Production Commencement - Development Well Uch-36

RNS Number : 7128Y

Oil and Gas Development Company Ltd

27 February 2025

OGDCL_LOGO

OIL & GAS DEVELOPMENT COMPANY LIMITED

(BOARD SECRETARIAT)

CS04-08 (PSX/LSE/SECP)

February 27, 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: Production Commencement - Development Well Uch-36

Dear Sir,

Oil & Gas Development Company Limited (OGDCL) is pleased to announce the successful production commencement from Uch-36 development well. Utilizing in-house expertise, OGDCL drilled the well to a depth of 1,275 meters, targeting the Sui Main Limestone (SML) formation.

Uch-36 is producing 7.3 million standard cubic feet per day (MMSCFD) of gas. Following the installation of an 8-inch, 1.0-kilometer flowline, the well has been connected to the OGDCL Uch Gas Processing Plant, supplying gas to Uch Power Limited (UPL).

As the operator of the Uch Development & Production Lease (D&PL) with a 100% working interest, OGDCL holds a strategic position in Dera Bugti district of Balochistan.

OGDCL remains committed to accelerated exploration, efficient drilling, and optimized production to strengthen national energy security and support sustainable development.

The above information is submitted in compliance of 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, Offsite-II Department, Supervision Division,

Securities & Exchange Commission of Pakistan, 63, NIC Building,

Jinnah Avenue, Blue Area,

Islamabad.

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