Oil and Gas Devt Co - PRODUCTION COMMENCEMENT – SOGHRI NORTH WELL-1

 CS04-08/(PSX/LSE/SECP)                                                              September 19, 2025

Subject:     PRODUCTION COMMENCEMENT - SOGHRI NORTH WELL-1, SOGHRI BLOCK, ATTOCK DISTRICT, PUNJAB PROVINCE

Dear Sir,

Further to our earlier disclosure dated March 17, 2025 regarding Gas/Condensate discovery at Soghri North Well-1 in Soghri Block, Attock District, Punjab Province, we are pleased to announce that Soghri North Well-1 has now been successfully brought into production.

The well has a production capacity of 14.0 Million Standard Cubic Feet per Day (MMSCFD) of gas and 430 barrels per day (BPD) of condensate. To facilitate early monetization of this discovery, Oil and Gas Development Company Limited (OGDCL) has laid an 8-inch, 14 km flow line connecting the well to Dakhni Plant for gas processing. The processed gas is being injected into the SNGPL system.

As operator of Soghri Exploration License with 100% working interest, the Company has commenced production from Soghri North Well-1, located in Attock District, Punjab Province, Pakistan.

The Company remains committed to fast-track monetization of discoveries, strengthening national energy security and contributing to Pakistan's sustainable development.

The above information is submitted in compliance with Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of PSX Regulations, for dissemination amongst your members please.

 Yours sincerely,

(Wasim Ahmad)

Company Secretary

Copy:

Executive Director/HOD, SECP,63, NIC Building, Jinnah Avenue, Blue Area, Islamabad.