"POL" - "Pakistan Oilfields Limited" PRODUCTION

"POL" - "Pakistan Oilfields Limited" "PRODUCTION"

POL OVER ALL DECLINING TREND

POL showed decline in both oil and gas production. Oil production showed dou-ble-digit decline of 12.9% to 5,218bpd in 2008 as against 5,991bpd in 2007. oTHER THAN Pindori field, which showed continued problems from last six month and oil production from the field declined 42.5% during the period under review, Uchri and Pariwali fields also showed a DOWNWARD TREND of 13.9% and 0.5% respectively. These three fields contributed 65.2% of the total oil production of the company. Gas production stood at 44mmcfd in the said period as com-pared to 46mmcfd in the parallel period of last year, showing a fall of 4.0%.