A.  Short Term Corporate Strategies: (2 to 3 years)

  1. The company should continue participation in the existing operating and non-operating block(s) and endeavor to increase its working interests in these blocks after due diligence on technical and financial matters and with prior approval of the BOD.
  2. Management should continue proactively for securing JV partnership in prospective blocks in Khyber-Pakhtunkhwa (KP) and merged districts on non-operatorship basis.
  3. Management to aggressively launch marketing campaign for ‘farming out’ part of Miran Block to other experienced public sector E&P companies in the market, to reduce exploration risk.
  4. The organizational structure of the company should be rationalized strictly in accordance with the workload as per the need of the core business and financial constraints.
  5. Any other commercially viable project(s) as may be approved by the BOD on the recommendation of management.

B.  Medium Term Corporate Strategies: (4 to 7 years)

  1. Based on experience gained during Miran Block exploration as a majority shareholder, the company would focus on acquisition of further blocks on operatorship and non-operatorship basis in KP, merged districts, and in other provinces of Pakistan.
  2. KPOGCL should strive to achieve 25 MMCFD of gas and 2,000 BPD of oil by the year 2030 or earlier.
  3. Consequently, the organizational structure of the company, may be realigned with the size of operations of the Company with the prior approval of the BOD.
  4. Any other commercially viable project(s) as may be approved by the BOD on the recommendation of management.

C. Long Term Corporate Strategies: (8 to 15 years)

  1. Seek KPOGCL’s participation/acquisition of exploration and production concessions/blocks internationally.
  2. The organizational structure of the company would expand as per the expanded activities of the company.
  3. During this period KPOGCL would strive to achieve 40 MMCFD of gas and 8,000 BPD of oil.
  4. Any other commercially viable project(s) as may be approved by the BOD on the recommendation of management.
  5. By the end of this period the company is expected to become a financially self-sustainable.