4. Age of organization
Size of organization
Stage of evolution
Stage of revolution
Growth rate of the industry
5. OGDCL_The leading E & P player in
Pakistan
OGDCL is the national oil & gas
company and the flagship of the country”s
E & P sector
The company is the local market leader
in terms of reserves, and is listed on all
three stock exchange in Pakistan and also
in London stock exchange since december
2006
The company is all set to ride the wave
of E & P activity equipped with its vision &
mission,business and strategic plan
6. Core Values
Merit
Integrity
Team Work
Safety
Innovation
Goals Financial
Build strategic reserves for future growth/expansion
Growth and superior returns to all stakeholders
Double the value of the company in the next five years.
Customers
Continuously improve quality of service and responsiveness to maintain a
satisfied customer base.
Improve reliability and efficiency of supply to the customer
Learning & growth
Motivate our work force, and enhance their technical, managerial and business
skills through modern HR practices.
Acquire, learn and apply state-of-the-art technology
Internal Processing Goals
Synergize through effective business practices and teamwork
Improve internal controls
7. Our primary objective as a leading Exploration and Production (“E&P”)
Company in Pakistan is to enhance our reserves and production profile and,
ultimately, to maximse value for our stockholders and the executive strategic
goals are as follows
Accelerate Production Growth:
We plan to continue increasing production growth, which will allow us to
utilise our significant reserves base and capitalise on the economic growth
and energy demand in Pakistani value for our shareholders
Exploit Exploration Opportunities:
Our exploration-led growth strategy is based on increasing our resource
portfolio of large exploration assets and pursuing an early commercialisation
of development projects in order to enhance our production growth.
Pursue International Opportunities:
We aim to pursue growth both organically and through selective
international acquisitions, maintaining flexibility under differing market
conditions. We intend to build upon our technical and operational expertise
in order to increase our chances of capitalising on new opportunities outside
Pakistan
8. During the last five decades, OGDCL has covered significant
distance. It has braved myriad challenges to endorse its position in
the industry today, such as earning the coveted status of a self-
sustaining and self-reliant organization,
No wonder today, OGDCL has attained the benchmark position as
an industry leader, in the Pakistan E&P industry. OGDCL has a
strong vision and passion to contribute to the development of the
Country’s E&P sector and to enhance energy security of Pakistan.
OGDCL is looking beyond geographical boundaries for E&P
opportunities. Efforts are continuing towards formulation of Joint
Ventures with leading E&P companies both within the country and
abroad
A futuristic business strategy in place, which seeks to promote and
protect the interests of all stakeholders-employees, shareholders,
partners, communities and people.
9. OGDCL’s under a forward looking management foresees the
organization as not only the leading E&P Company of the country,
but also as a company known for its people, partnerships and
performance in the region
During the last 46 years the Corporation has grown into a technically
feasible and commercially viable organization
Initiatives have been taken to enhance OGDCL’s business canvas.
OGDCL will avail opportunities, to acquire overseas acreage by
buying stakes in existing viable producing fields. OGDCL is also
looking into the possibility of E&P opportunities and joint venture
collaborations outside Pakistan,
OGDCL with an aggressive business development strategy provides
an enabling environment for foreign participation. The Company is
also aiming at fast-track development of its current and future
projects at an aggressive pace without compromising quality and
transparency
10. Oil and Gas Development Company Limited (OGDCL) has
achieved 4.6 percent growth rate in production of oil and gas, a
significant increase in exploration and will drill 37 new wells during
the current fiscal year against 17 wells drilled last year
OGDCL was spending Rs 635.273 million which is 1 percent of
OGDCL's net profit after tax. Around 52 percent of the allocated
budget will be invested in Sindh amounting to Rs 329.488 million, 28
percent in Khyber Pakhtunkhwa amounting to Rs 177.650 million, 12
percent in Punjab amounting to Rs 75.921million and 8 percent in
Balochistan amounting to Rs 52.214 million.
. The investment will be made for the welfare of the local
communities in health, education and sanitation schemes for
improving their quality of life and livelihood.
11. YOU CAN NOT UNDERSTAND
GREINER MODEL WITHOUT
UNDERSTANDING GREINER
MODEL