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PAKISTAN'S OGDCL TO INVEST IN DHUDIAL, RACHNA BLOCKS.
LAHORE, Dec 1 Asia Pulse - Oil and Gas Development Company Ltd (OGDCL) is set to invest over US$2 million in Dhudial and Rachna blocks next year by making a contingent investment of over $4.5 million in the two blocks.
OGDCL sources said the government recently granted two petroleum exploration licences over Block No.33-72.17 (Dhudial) Zone-I and Block No.30-71.2 (Rachna) to OGDCL.
The Dhudial block, situated in district Rawalpindi and Chakwal, is over 313.53 square kilometres while Rachna in the districts of Leiah, Jhang, Toba Tek Singh, Khanewal and Muzaffargarh, is over 2,436.47 square kilometres in Zone-II.
Sources said that during the initial term of these licences, the OGDCL would carry out studies, seismic acquisition and data ...
- OGDCL set to invest over $2m in Dhudial, Rachna blocks.
- News wire article from: PPI - Pakistan Press International November 29, 2004 700+ words
...Development Company Ltd (OGDCL) is set to invest over $2 million in Dhudial and Rachna blocks next year by making a contingent...million in the two blocks. OGDCL sources told The Nation...71.2 (Rachna) to the OGDCL. The Dhudial block, situated...
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...Development Company Ltd (OGDCL) plans to invest over $2.0 million in Dhudial and Rachna blocks in the next couple of years. A source close to the OGDCL told newsmen that the company...71.2 (Rachna) to the OGDCL. The Dhudial block, which...
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...Shaikh will inaugurate the formal trading of OGDCL shares after formal listing at Islamabad...Public Offer (IPO) of 2. 5 % shares of OGDCL (107.5 million shares) received overwhelming...for additional offer of 2.5 % shares in OGDCL. The Offer for Sale of 2.5% shares...