MORE: Pakistan Oil & Gas Rises on Prospects of Higher Gas Flow

Aug. 7 (Bloomberg) -- Shrs +4.6%, most in two mos. • KSE100 Index +2.72%, most in almost two years • Some gas fields to start flowing before schedule, including Kunnar Pasaki Deep and Uch, says Mohammad Fawad Khan, head of research of Foundation Securities by phone in Karachi. * “Two projects will contribute 60% of volume growth. We estimate 14% volume growth in fiscal 2014” • Co. officials gave new timeline in conference call yesterday • “The positives have not materialized and there is much to come,” says Faisal Bilwani, head of equity sales international at Elixir Securities by phone in Karachi • NOTE: OGDC has highest weightage of 13% on KSE100 Index • NOTE: Co. to spend 90b rupees in exploration in FY14 NSN MR47406S973F <GO> • NOTE: Pakistan Oil & Gas profit falls as exploration expenses increase NSN MR3ORW6S972E <GO> • NOTE: Pakistan stock exchange to be closed Aug. 8-9

To contact the reporter on this story: Faseeh Mangi in Karachi at fmangi@bloomberg.net

To contact the editor responsible for this story: Naween A. Mangi at nmangi1@bloomberg.net