OGDC discovers oil and gas at Bitrism East-1

Oil and Gas Development Company Ltd (OGDC) has made an oil and gas discovery at the Bitrism East-1 exploratory well in Bitrism E.L., District Khairpur, Sindh. Spudded on 30th Jun 2025, the well has a combined production potential of 22.5mmcfd of gas and 690bpd of oil. OGDC is the operator of the field with a 77.5% working interest. We anticipate the aforementioned development to have an annualized EPS impact of ~PkR1.32 per sh for the company.

https://research.akdsl.com/638949115256103952.pdf

Courtesy – AKD Research

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