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Pakistan Petroleum Limited (PPL) has undertaken a plan to make documentary films of its oil and gas fields in the country, which will be shown during presentations to the prospective buyers of the state-managed national entity, it has been learnt.These documentaries will help PPL in making effective presentations to the parties interested in company's sell-off, sources said.
According to them, after watching these documentaries, the parties will get all necessary information about the company's profile and they will feel no need to visit the fields to see the facilities there. The company has initiated the filming work from its Adhi Field located in the Punjab province.
The contract of preparing documentary of the field has been given to a Karachi-based company whose crew visited the field a few days back to complete its shooting work. The team went to surrounding villages to shoot the community developmental work at different welfare projects and schemes undertaken by the PPL.
In addition to other installations, including NGL/LPG plant etc, the team gave extensive coverage to Well No. 16, where the drilling activities are in progress.
The team took shots of the plant from various angles, besides shooting other locations, like offices, drilling sites and other facilities at the field. It also carried out shooting of production facilities and fire fighting arrangements, community development work in the vicinity of the field. PPL officials also accompanied the team for its assistance and ensure perfect and appropriate shooting of the facilities.
According to sources, documentary films of other fields operated by the PPL in other provinces will also be prepared in due course of time. It may be mentioned that privatisation of PPL, the largest oil and gas exploration and production company of the country in state control, is also on the agenda of the Privatisation Commission, which had divested its 15 percent shares through stock exchanges during this year. Its Initial Public Offering (IPO) received an overwhelming public response and the shares were oversubscribed. Now the share of PPL floated in the stock market at Rs 52 has swelled to Rs 135.
According to sources, these documentaries will also educate the general public about the PPL developmental projects and thus will have a positive impact on the company's share in the stock market.

Copyright Business Recorder, 2004

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