The Board of Directors announced first interim cash dividend for the year 2018-19 Rs 2. During 2009—2010, the company acquired four new exploration blocks Channi Pull, Jandran west, Lakhi Rud and Mari east , covering area of around 4,795 Square kilometres. Applicants should ensure that the bank branch, on which their payment is made, completed the relevant portion on the application form. The Share Transfer Books of the Company will be closed from Wednesday, September 21, 2011 to Wednesday September 28, 2011 both days inclusive. This discovery will add to the hydrocarbon reserves' base of the company and joint venture partners, bringing significant savings to the country in term of oil import bill. The structure of well Nashpa 03 was delineated, evaluated, drilled and tested utilizing indigenous expertise. It is the largest company in Pakistan in terms of , and has repeatedly ranked among the.
Applications below the value of Rs55,075 in case of physical transfer and Rs55,005 in case of transfer under book entry system shall not be entertained. It is based on , in , with the holding 74% stake in the company. London South East does not authorise or approve this content, and reserves the right to remove items at its discretion. On the exploration and development side company recorded significant enhancement in seismic efforts and drilling activities. Users shall bear all responsibility of keeping the password secure. Applications, which are neither for 500 shares nor for multiples of 5,000 shares, shall be rejected.
Joint applications by more than four persons shall not be accepted. Ltd does not warranty the timeliness, accuracy, the profitability and losses. The above is being provided to you in compliance with the requirements of Clause No. The company was founded on March 4, 1961 and is headquartered in Islamabad, Pakistan. Financial Results for the year ended June 30, 2011 Sir, We are pleased to inform you that the Board of Directors of our Company in their meeting held on August 12, 2011 at 9. All quotes are in local exchange time.
The Company is engaged in the exploration, development and production of hydrocarbon products. Disclaimer: Standard Capital Securities Pvt. Ltd has launched online trading services. It has a primary listing on the , and secondary listing on the. Datta formation was not encountered down to depth of 5250 M due to anomalous increase in thickness of overlying Shinawari formation. Intraday data delayed at least 15 minutes or per exchange requirements. If required, balloting to determine successful applicants will take place on January 23 with final allocations announced soon thereafter.
The attested photocopy will, after verification, be retained by the bank branch along with the application. Only one application will be accepted against each account. The Board of Directors appreciated the efforts of the management for ensuring production enhancement and significant exploratory work during the period. . The company said its sale revenue during the period increased by 14 per cent and stood at Rs56.
Transfers received at the Share Registrar Office, Noble Computers Services Pvt. It is the market leader in terms of reserves, production and acreage. During the period under review, the Company paid Rs 12. The company said it has largest portfolio of net hydrocarbon reserves in the country, with 45 per cent share in oil and 34 per cent in gas. Limited, Mezannine Floor, House of Habib Building Siddiqsons Tower , 3-Jinnah Cooperative Housing Society, Main Shahrah-e-Faisal, Karachi-75350 at the close of business on September 20, 2011 will be treated in time for the purpose of above entitlement to the transferees. Oil and Gas Development Company Limited is an exploration and production company. The board of directors approved the half yearly accounts and noted that the company had earned a total after-tax profit of Rs24.
Allotment of shares shall be subject to scrutiny of applications for subscription. The minimum amount of application for subscription of 500 shares is Rs55,075 in case of physical transfer and Rs55,005 in case of transfer under book entry system. The investments discussed or recommended may not be suitable for all investors. The financial results of the Company are enclosed as Annex-I. The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates. Learn more about Thomson Reuters products:.
The content of the online trading platform and the interpretation of data are solely the personal views of ours. The retail offer will be on a fixed price subscription basis, with the offer price set at Rs110 per share, including a premium of Rs100 per share. The perception was developed on account of repenting of domestic law and order situation; the institutional investors have a better insight about financial and securities market and were likely to take a mature position with long term investment prospective. While London South East do their best to maintain the high quality of the information displayed on this site, we cannot be held responsible for any loss due to incorrect information found here. Gas production has also increased by eight per cent.
Fictitious and multiple applications are prohibited and such application money shall be liable to confiscation under section 18-A of the Securities and Exchange Ordinance, 1969. The investors raised quires about the overall economic aspects to understand some misconception about certain relevant areas which investors typically consider while making investment decisions. The subscription for the retail offering will occur during banking hours starting from January 11 and ending on January 13. The dividend will be paid to the shareholders whose names will appear in the Register of Members Wednesday, December 12, 2018. In case of joint accounts, one application will be accepted in the name of each of the joint account holders. Cheema with a mandate to initiate steps to open and revive the sick units which stopped functioning due to any reasons n the past.