PAKISTAN PETROLEUM LTD COMPANY PROFILE January 31, 2014 CONTENTS Corporate Overview Current Asset Portfolio E&P Activities Financial Performance Corporate Social Responsibility Awards QHSE & Sustainability Commitment 2 CORPORATE OVERVIEW ABOUT US Century old legacy of Burmah Oil plc. UK 1950: Incorporated with BOC as majority shareholder 1952: Sui Discovery 1997: GoP purchased entire equity of BOC GoP holds 71.06% of the Company’s equity Transnational public sector enterprise Public limited listed company Expansion in exploration portfolio Business operations across Pakistan and abroad 4 OUR STRENGTHS CURRENT ASSET PORTFOLIO CURRENT ASSET PORTFOLIO ASSET SUMMARY Exploration Producing Pakistan International Pakistan 45 3 24 Total 72 (incl. 3 offshore) 7 Producing Assets of the Company Large Concentrated Asset Base with High degree of operatorship. • Twenty four producing fields comprising of six operated and eighteen partners operated fields. • Corrosion logs for casing are recorded at workover wells . • All well casings are protected by Cathodic Protection system. • Wells are located at safe intervals and no cluster of wells. Technical, Administrative and logistic experience in producing oil and gas assets. Experience in operating Gas Purification Plant, Compression facilities, LPG extraction and NGL processing using state of art technology. Incorporating Distributed Control System (DCS) and Supervisory Control and Data Acquisition (SCADA) Systems- Facilities and wells. PPL successfully acquired MND Exploration and Production Limited, registered in UK from MND E&P a.s. PPL has established PPL Asia Exploration B.V. in Netherlands to carryout exploration in Iraq. 8 Producing Assets PPL Operated Areas PPL Interest (%) Sui (1955) 100 Kandhkot (1987) 100 Adhi (1980) 39 Mazarani (2003) Hala (2007) Chachar (2007) Partner Operated Areas Qadirpur (1995) Miano (2001) Block – 22 (2001) (Hasan, Sadiq & Khanpur) Sawan (2003) Tal Block-Manzalai(2005)/Makori(2007)/ Mamikhel(2008)/ Maramzai (2009)/Markori East 1(2010) / Tolang (2011) Nashpa - Mela (2007)/Nashpa(2010) Latif (2007) Gambat (2007) Kirthar Block- Rehman (2010) Sukhpur Block - Lundali 87.5 65 75 PPL Interest (%) 7 15.16 35.53 26.18 27.76 26.01 33.3 26.2 30 30 9 Current Portfolio – Exploration Assets PPL Operated S. No. On-shore Interest % S. No. On-shore Interest % 1 Hala 65 15 Kharan West 100 2 Khuzdar 65 16 Zindan 35 3 Kalat 35 17 Bela West 100 4 Barkhan 35 18 Hab 100 5 Gambat South 65 19 Hisal 100 6 Jungshahi 100 20 Karsal 100 7 Kotri 100 21 Khipro East 100 8 Kotri North 90 22 Malir 100 9 Naushahro Firoz 90 23 Margand 10 Zamzama South 100 24 Nausherwani 100 11 Sirani 75 25 Sadiqabad 100 12 Dhok Sultan 75 26 13 Kharan 100 Shah Bandar International 14 Kharan East 100 27 Iraq (Block-8) 50 100 Interest % 100 10 Current Portfolio – Exploration Assets Partner Operated S. No. On-Shore Interest % Operator 1 Tal 30 MOL 2 Nashpa 30 OGDCL 3 Gambat 30 OMV 4 South West Miano-II 33.3 OMV 5 Latif 33.3 OMV 6 Kirthar 30 POGC 7 Block-22 (Hamza) 45 PEL 8 Baska 49 ZHENHUA 9 Sukhpur 30 ENI 10 Jherruk 30 NHEPL 11 Digri 25 UEPL 12 Ghauri 35 MPCL 13 Jati 25 KPBV 14 Kuhan 50 OMV S. No. Off-Shore Interest % Operator 1 Offshore Indus 'C' 40 ENI 2 Offshore Indus ‘N' 30 ENI 3 Offshore Indus ‘G’ 25 ENI Interest % Operator 43.75 OMV S. No. 1 International Yemen (Block-29) PPL Europe E&P Limited 1 Ziarat 40 MPCL 2 Harnai 40 MPCL 3 Yemen (Block-3) 20 TOTAL 11 E&P ACTIVITIES OPERATIONAL PERFORMANCE Field Work and Basin Studies Extensive Field Operations experience Over 174,000 BOE daily average production DISCOVERIES Gas Oil/ Gas/ Condensate 22 13 SEISMIC AREA COVERED (2009-12) 2D 3D 4,673 line km 1,792 km 2 WELLS DRILLED (1950-2012) 340 13 FINANCIAL PERFOMANCE FINANCIAL PERFORMANCE 41 45 40 35 30 25 20 15 10 5 - Net Turnover 42 120 96 100 31 28 Rs Billion Rs Billion Profit after Tax 23 80 102 78 62 60 60 40 20 0 2008-09 2009-10 2010-11 2011-12 2012-13 2008-09 2009-10 2010-11 2011-12 2012-13 Shareholder's Payout Total Assets Cash Dividend %age 250 213 Rs Billion 200 170 150 100 108 124 83 160% 20% 25% 140% 10% 120% 20% 20% 100% 80% 60% 130% 120% 115% 2010-11 2011-12 105% 90% 40% 50 Bonus Share %age 20% 2008-09 2009-10 2010-11 2011-12 2012-13 0% 2008-09 2009-10 2012-13 15 CORPORATE SOCIAL RESPONSIBILITY CSR EXPENDITURE CSR Expenditure 1.2 1.1 1.1 2011-12 2012-13 1.0 Rs Billion 0.8 0.8 0.6 0.5 0.5 2008-09 2009-10 0.4 0.2 2010-11 Acknowledged as Pakistan’s largest corporate donor by volume for seven consecutive years 17 AWARDS AWARDS Joint Committee of ICAP &ICMAP 19 QHSE & SUSTAINABILITY COMMITMENT QHSE & SUSTAINABILITY COMMITMENT PPL fields/ technical departments successfully completing their 3 years of ISO 9001, 14001 and OHSAS 18001 certification cycle 21 THANK YOU www.ppl.com.pk
© Copyright 2024 ExpyDoc