Business strategy

As the leading exploration and production company in Pakistan, OGDCLs primary objective is to enhance its
reserves and production profile and ultimately maximize value for shareholders. In order to achieve this goal, the
Company seeks to execute the following strategies:

Accelerate Production Growth: by continuing to accelerate production growth through utilizing cutting edge
technologies, allowing the Company to utilize its significant reserves base and capitalize on the strong economic
growth and accelerating energy demand in Pakistan.

Exploit Exploration Opportunities: by building the Companys future reserves portfolio through its large onshore
exploration acreage. During the fiscal year 2008-09 target of drilling is 52 wells.

Maintain Low Cost Operations: OGDCLs operating environment, namely the geographic concentration of its
reserves base within Pakistan, will be a major factor in allowing it to control its low cost structure. Within
Pakistan, the Companys leading position also enables it to access economies of scale across its significant
reserves base and operations.

Pursue Selective International Expansion: while domestic expansion remains OGDCLs core focus, the
Company intends to grow and diversify its portfolio through selective international expansion in the medium to
long-term.

Implementing International Best Practice: by ensuring an efficient organizational structure and business
processes that are focused on core production. As part of our restructuring plan, OGDCL has established an in-
house technical services division, the Petroserv Directorate, which separates technical support services from
core E&P activities.

Core Values
Merit
Integrity
Team Work
Safety
Dedication

















Government



Government of Pakistan



OGDCL Employees Empowerment Trust





Associated Companies, Undertakings and Related Parties





Mutual Funds





Directors and their Spouse(s) and Minor Children



Hamid Farooq





Executives





Public Sector Companies and Corporations





Banks, Development Finance Institutions, Non-Banking Finance

Companies, Insurance Companies, Takaful Companies and

Modarabas





General Public



A. Local



B. Foreign





Others





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