JCR-VIS withdraws entity ratings of Oil and Gas Development Company Limited

Karachi, December 29, 2015 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has withdrawn the entity rating of ‘AAA/A-1+’ (Triple A/A-One Plus) assigned to Oil and Gas Development Company Limited (OGDCL), with immediate effect, on account of non-renewal of the rating contract.

For more information, contact:
Ms. Sobia Maqbool
CFA
JCR-VIS Credit Rating Company Limited
VIS House, 128/C,
25th Lane off Khayaban-e-Ittehad,
Phase VII, DHA, Karachi
Tel: +92-21-35311861-72
Fax: +92-21-35311873
Email: sobia@jcrvis.com.pk