Company Profile

Vision and Mission

Our Vision
MPCL envisions becoming an international integrated exploration and production company by enhancing its professional capacity through highly knowledgeable and talented workforce that builds its petroleum reserves by consistently discovering more than what it produces within Pakistan and abroad; and improving financial capacity and profitability through efficient operations, while taking environmental safeguards and catering to social welfare needs of the communities inhabiting the area of operations.
Our Mission
To enhance exploration and production by exploiting breakthroughs in knowledge and technological innovations, adopting competitive industrial practices to adequately replenish the produced reserves and optimizing production for maximizing revenues and return to the shareholders whilst maintaining the highest standards of HSE and CSR.
Our Commitments
  • Providing uninterrupted petroleum products supply to customers.
  • Maintaining best and safe operational practices.
  • Adopting advanced technology, cost effective/efficient operations, increasing operating efficiency and adherence to high environmental standards.
  • Exploring and enhancing the potential of our human resources.
  • Aligning the interests of our shareholders, human resources, customers and other stakeholders to create significant business value characterized by excellent financial results, outstanding professional accomplishments and superior performance.
Permissible Business Activities
MPCL is the third largest Pakistani exploration and production company, primarily engaged in the business of oil & gas exploration, drilling, field development, production and distribution of hydrocarbons (including natural gas, crude oil, condensate and LPG) as well as provision of E&P related services on commercial basis.

Company Information

Status of the Company

MPCL is a public listed company operating in the private sector. The ordinary shares of the Company are quoted on Pakistan Stock Exchange (Symbol: Mari).
headoffice
Head Office 21, Mauve Area, 3rd Road, G-10/4 P.O. Box 1614, Islamabad - 44000 Tel: (+92) 051 111-410-410, (+92) 051 8020200 Fax: (+92) 051 2352859 info@mpcl.com.pk
Field Office Daharki Daharki, District Ghotki Tel: (+92) 0723 111-410-410, (+92) 0723 660403-30 Fax: (+92) 0723 660402
karachi
Karachi Office D-87,Block 4, Kehkashan, Clifton
P.O. Box 3887, Karachi - 75600
Tel: (+92) 021 111-410-410 Fax: (+92) 021 35870273
Quetta Liaison Office 26, Survey-31, Defence Officers Housing Scheme, Airport Road, Quetta. Tel:(+92) 081-2821052,
2864085, 2839790 Fax:(+92) 081-2834465
Field Offices/Camps

In addition, the Company has field offices/camps/production sites at the following locations:

  • Sujawal (Sindh)
  • Sukkur (Sindh)
  • Karak & Kalabagh (KPK & Punjab)
  • Bannu West (KPK)
  • Ghauri (Punjab)
  • Zarghun (Balochistan)
Name of Auditors
A.F. Ferguson & Co., Chartered Accountants
3rd floor, PIA Building, Fazl-e-Haq Road, Blue Area, Islamabad
Tel:+92 51 2273457-60
Email: asim.masood@pk.pwc.com Web: www.pwc.com
Legal Advisor
Ali Shah Associates
Advocates High Court
1-Ali Plaza, 4th Floor 1-E, Jinnah Avenue
Blue Area, Islamabad
Tel: (+92) 51-2825632

Registration, NTN and GST Numbers

Registration Number: 00012471
National Tax Number: 1414673-8
GST No: 07-01-2710-039-73
Symbol on stock exchange (PSX): Mari
Shares Registrar
M/S Corplink (Pvt) Limited
Wings Arcade, 1-K Commercial, Model Town, Lahore
Tel:042-35839182, 042-35869037 Email:corplink786@yahoo.com
Bankers
Allied Bank Limited
Askari Bank Limited
Bank Alfalah Limited
Habib Bank Limited
JS Bank Limited
National Bank of Pakistan
Standard Chartered Bank
United Bank Limited

Associated Companies

Fauji Foundation holds 40% shares of the Company, therefore all the following subsidiaries and associated undertakings of Fauji Foundation are associated companies of MPCL.
Swipe left/right to see the table columns
S.NoName of Related PartyAddressTelephone
Listed Companies
1 Fauji Fertilizer Company Ltd (FFC) FF Sona Tower-156, The Mall, Rawalpindi Web Site:www.ffc.com.pk 051-111-332-111
051-8450001
Fax: 051-8459925
2 Fauji Fertilizer Bin Qasim Limited (FFBL) 73, Harley Street, Rawalpindi Web Site:www.ffbl.com 051-9272196-97
3 Fauji Cement Company Limited (FCCL) Fauji Tower, Block-3, 68, Tipu Road, Rawalpindi Web Site:www.fccl.com.pk 051-9280081-3
4 Askari Bank Ltd Third Floor, Plot No. 18, NPT Building, F-8 Markaz, Islamabad Web Site:www.akbl.com.pk 051-8092000
051-2857424-39
Fax: 051-2857448
5 Fauji Foods Limited 3rd Floor, Bahria Complex Tower, 103 A/B Shahrah-e-Quaid-e-Azam, Lahore Web Site:www.nurpurfoods.com 051-5951821-40
6 The Hub Power Company Limited 11th Floor, Ocean Tower, G-3, Block-9, Main Clifton Road, P.O. Box No. 13841, Karachi – 75600 Web Site:www.hubpower.com 021-3587,467786
7 Oil & Gas Development Company (OGDCL) OGDCL House, Plot No.3, Jinnah Avenue, Blue Area, Islamabad Web Site:www.ogdcl.com 051-9209811-18
051-2623101-06
Fax: 051-2623113-18
Unlisted Companies
1 Fauji Foundation Fauji Foundation Head Office 68 Tipu Road, Chaklala Rawalpindi, Pakistan-46000 Web Site:www.fauji.org.pk 051-5951821-40
2 Foundation University Fauji Foundation Head Office 68 Tipu Road, Chaklala Rawalpindi, Pakistan-46000 Web Site:www.fauji.org.pk 051-5951821-40
3 Dharaki Power Holdings Limited Fauji Foundation Head Office 68 Tipu Road, Chaklala Rawalpindi, Pakistan-46000 Web Site:www.fauji.org.pk 051-5951821-40
4 Foundation Wind Energy – I Limited Fauji Foundation Head Office 68 Tipu Road, Chaklala Rawalpindi, Pakistan-46000 Web Site:www.fauji.org.pk 051-5951821-40
5 Foundation Wind Energy – II Limited Fauji Foundation Head Office 68 Tipu Road, Chaklala Rawalpindi, Pakistan-46000 Web Site:www.fauji.org.pk 051-5951821-40
6 Fauji Kabirwala Power Company Ltd 3rd Floor, Block No.3, Fauji Tower, 68 Tipu Road, Chaklala, Rawalpindi Web Site:www.faujipower.com 051-5763651
7 Fauji Oil Terminal and Distribution Co. Ltd Port Bin Qasim, P.O. Box-9101,PQA, Karachi Web Site:www.fotco.pk 021-34720003-5
Fax: 021-34720010
8 Foundation Power Company Dharaki Ltd Fauji Tower, 68, Tipu Road, Chaklala, Rawalpindi Web Site:www.fpcdl.com.pk 051-5763305-7
Fax: 051-5763304
9 Fauji Akbar Portia Marine Terminal Ltd Terminal Office, Port Mohammad Bin Qasim, Karachi, Pakistan Web Site:www.fapterminals.com 021-34730080
10 Fauji Fertilizer Company Energy Limited 156-The Mall, Rawalpindi Web Site:www.ffcel.com.pk 051-111 332 111
051-8457501
11 Laraib Energy Limited 12-B/1, Multi Mansion PlazaG-8 Markaz, Islamabad, Pakistan Web Site:www.laraibenergy.com 051-2255431–2
Fax:051 2251485
12 Fauji Meat Limited FFBL Tower, C1/C2, Sector B, DHA II,Islamabad – Pakistan Web Site:www.faujimeat.com 051-8763325(Ext. 3013)
13 Pakistan Maroc Phosphate FFBL Tower Plot No C1/C2, Sector B, Jinnah Boulevard Phase II DHA Islamabad Web Site:www.ffbl.com 051-8763325
Fax: 051-8763340
14 Askari Cement Limited 4th Floor, Awt Plaza, The Mall, Rawalpindi, Pakistan Web Site:www.askaricement.com.pk 0519272434-5
Fax:051-9272433
15 Foundation Securities (Pvt) Limited Ground Floor, Bahria Complex II MT Khan Road, Karachi Web Site:www.fs.com.pk 021-111-000-375
PPL, SNGPL, SSGCL, Inter State Gas, GHPL, NIT etc. also have common directorships with MPCL but have been excluded from the list in line with provisions of section 2(4) proviso (ii) of the Companies Act 2017.

Governance

Board of Directors

The Company is managed by a Board of 14 Directors. The present composition of Board is as follows:
Shareholder %age No of Directors
Fauji Foundation 40.00% 6 View Profile
Government of Pakistan 18.39% 3 View Profile
OGDCL 20.00% 3 View Profile
General Public 21.61% 2 View Profile
Total 100.00% 14

Pattern of Shareholding

The confidence of the shareholders in the Company's performance and future prospects is reflected by the fact that number of shareholders has increased from around 3,000 in October 2014 to around 4,200 in October 2015.

Investor Relation

Contact for Investors

Contact details of person designated for assisting and handling investor grievances are as follows;
Name Muhammad Sadiq
DesignationAssistant Manager Shares
Contact No(+92) 51-111-410-410 (Ext. 485)
Fax No(+92) 51-2352859
Email IDmsadiq@mpcl.com.pk
Address21, Mauve Area, 3rd Road, G-10/4, Islamabad- 44000
محمد صادقنام
اسسٹنٹ منیجر شیئرز عہدہ
(+92) 51-111-410-410 (Ext. 485)رابطہ نمبر
(+92) 51-2352859فیکس نمبر
msadiq@mpcl.com.pkای میل
پتہ

CSR

Our CSR strategy is an integral part of Company’s culture and reflects continuing commitment of our business to contribute towards the well-being & quality of life of our workforce, local community and society at large. CSR remains an ever evolving and continuous process at the heart of MPCL management that tries its best to accommodate the local needs on priority basis. In order to ensure the element of continuity and sustainability in our social welfare programs, our CSR philosophy is anchored in tripartite approach of development; involving the community, local government and MPCL management. It is an on-going process to energize lives of our communities by providing innovative and sustainable solutions to meet the challenges / needs of rapidly changing world. We are well aware of participative relationship that we share with society and continuously invest in the interventions related to education, health, water supply schemes, philanthropic donations and communication infrastructure.
Statutory CSR Obligations

MPCL operates JV blocks in Balochistan, Sindh, Punjab and KPK. MPCL has discharged all Social Welfare Obligations till date, amounting to Rs. 487 Million. CSR obligatory expenditures in these blocks till June 2019 are Rs. 227 Million. Province wise spending is appended below:

  • Balochistan: PKR 124 Million
  • Sindh: PKR 62 Million
  • Punjab/KPK: 41 Million
Over and Above Statutory CSR Obligations

In addition to statutory CSR obligations, MPCL is spending a substantial portion of its profits to develop a healthy, resilient and civilized society. In 2018-19 MPCL has spent Rs. 447 Million on various CSR projects all across Pakistan. As per Petroleum Concession Agreement (PCA), we are under no CSR obligation at Mari Field Daharki. However, MPCL has been spending huge amount annually on social welfare activities in Mari D&P lease area since inception. Over the years, this area has seen landmark social welfare initiatives benefitting the communities in the sectors of health, education & communication infrastructure. Projects worth PKR 1.5 Billion (approx.) have been undertaken at Mari Field in last 19 years, Rs. 128 Million in FY 2018-19.

Moreover, Production Bonus of amount Rs. 246 million (Approx.) has been deposited in the respective Production Bonus accounts as per the below mentioned details:
  • Ghauri (Rawalpindi) - $600,000 (May 2018) (Rs. 69,420,000)
  • Sujawal / Badin - $600,000 (July 2016) (Rs. 62,700,000)
  • Karak / Mianwali - $600,000 (June 2017) (Rs. 62,820,000)
  • Zarghun - $500,000 (October 2014) (Rs. 51,350,000)

THE COMPANY

Being one of the largest petroleum exploration and production companies in Pakistan, we visualize the earth as something beautiful and mysterious, for it has so many secrets to reveal.

Intro Video

CONTACT US

21, Mauve Area, 3rd Road,
G-10/4, Islamabad, Pakistan
+92 51 111-410-410,
+92 51 8020200
+92 51 2352859