In a notification sent to the PSX on 19/02/2024, the Oil & Gas Development Company (OGDC) announced the discovery of gas and condensate at Kharo Well 1.
OGDCL has discovered fresh reserves at Kharo-1, in the Khewari block, district Khairpur, Sindh. The company holds a 95% working interest in the Khewari block while the remaining 5% is held by GHPL (Government Holdings Private Limited).
The execution of the drilling and testing operations achieved a depth of 3762 metres. Subsequent testing procedures registered 14.3 million standard cubic feet per day (MMSCFD) of gas, in addition to 93 barrels per day (bbls/d) of condensate.
OGDC shares were trading at Rs. 115.53 at market close today.
AGP Limited (AGP) monthly market structure is showing strong bullish trend. Even this stock broke…
When a dividend is paid, the share price drops by approximately the same amount because…
On November 5, 2024, Mughal Iron & Steel Industries Limited (MUGHAL) announced a unique rights…
How to analyze pharma sector companies in PSX. Pakistan's pharma sector is considered a complicated…
Shifa International (SHFA) has already rallied 150%, but there is still more upside to the…
Habib Metropolitan Bank Limited (HMB) recently released its second-quarter results for 2024, revealing a mixed…