OMV (Pakistan) Exploration Gesellschaft m. b. H. Company`s

OMV (Pakistan) Exploration
Gesellschaft m. b. H.
Company’s Investment
OMV (Pakistan) started exploration activities in the desert of Sindh in 1991 and its first major breakthrough in 1993 was the discovery of a natural gas reservoir called “Miano” in the Thar Desert, District Sukkur. In continuation of its efforts the Sawan gas field, in district Khairpur was discovered in 1998 which is presently the fourth largest gas producer. OMV (Pakistan) currently holds interests in five exploration blocks, of which three (South West Miano II, Gambat and Latif) are operated by OMV and two (Zamurdan and Sari South) as non‐operating interest. The company’s recent discoveries in early 2007 in its exploration licenses Latif and Gambat blocks in the northern Sindh Province have opened the potential for further discoveries in the vicinity. New acreage in Baluchistan has also been acquired. OMV has also promoted local companies to become partners in its international ventures. OMV is the biggest international natural gas producer in terms of operated volumes in Pakistan. As the operator of the Sawan and Miano gas fields, as well as the Kadanwari processing facilities, OMV is now responsible for operating more than 100,000 boe/d covering approximately 15% of Pakistan’s demand for natural gas The company has made significant contributions towards the Government exchequer with to date investments of USD 957 Million. Presence of OMV and its sustained growth in Pakistan since 1990 is a source of confidence for attracting new foreign investors. OMV (Pakistan) is very conscious of its adherence to its outlined policies, HSEQ standards and most importantly, the local laws and works hard to address economic, environmental and social issues related to its world wide operations. Our Health, Safety and Environmental standards are parallel to the highest international level and second to none in the local perspective. The company ranks internationally as the eighth world’s most sustainable and ethical oil company in 2008. OMV (Pakistan) Community Development Program (CDP) aims for sustainable developments in its concession areas ensuring the maximum involvement and ownership of the local community. In recognition of its community development project on Hepatitis OMV holds also the honor of receiving the TRIGOS 2007 Award.