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Oil and Gas Development Company Limited (OGDCL) announced on February 16, 2026, that it enhanced oil production from its Kal-03 well in District Chakwal. A workover, which included Multistage Physico-Chemical (MPC) treatment and ESP installation, was successfully carried out. Following this intervention, oil production at the well increased from approximately 50 barrels of oil per day (BPD) to 750 BPD.
| Date | 16 Feb 2026 |
| Time | 08:31:47 |
| Category | Miscellaneous |
| ID | 1559T |
CS04-08 (PSX/LSE/SECP)
February 16, 2026
|
The General Manager, Pakistan Stock Exchange Limited, Stock Exchange Road, |
London Stock Exchange Plc., 10 Paternoster Square, London EC4M 7LS.
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