AGL 40.39 Increased By ▲ 0.39 (0.98%)
AIRLINK 127.89 Increased By ▲ 0.85 (0.67%)
BOP 6.64 Decreased By ▼ -0.03 (-0.45%)
CNERGY 4.52 Increased By ▲ 0.01 (0.22%)
DCL 8.44 Decreased By ▼ -0.11 (-1.29%)
DFML 41.59 Increased By ▲ 0.15 (0.36%)
DGKC 86.88 Increased By ▲ 0.03 (0.03%)
FCCL 32.06 Decreased By ▼ -0.22 (-0.68%)
FFBL 64.94 Increased By ▲ 0.14 (0.22%)
FFL 10.13 Decreased By ▼ -0.12 (-1.17%)
HUBC 110.28 Increased By ▲ 0.71 (0.65%)
HUMNL 14.78 Increased By ▲ 0.10 (0.68%)
KEL 5.15 Increased By ▲ 0.10 (1.98%)
KOSM 7.21 Decreased By ▼ -0.25 (-3.35%)
MLCF 41.50 Increased By ▲ 0.12 (0.29%)
NBP 59.56 Decreased By ▼ -0.85 (-1.41%)
OGDC 194.35 Increased By ▲ 4.25 (2.24%)
PAEL 28.59 Increased By ▲ 0.76 (2.73%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 150.75 Increased By ▲ 0.69 (0.46%)
PRL 26.60 Decreased By ▼ -0.28 (-1.04%)
PTC 16.05 Decreased By ▼ -0.02 (-0.12%)
SEARL 78.36 Decreased By ▼ -7.64 (-8.88%)
TELE 7.42 Decreased By ▼ -0.29 (-3.76%)
TOMCL 35.33 Decreased By ▼ -0.08 (-0.23%)
TPLP 8.00 Decreased By ▼ -0.12 (-1.48%)
TREET 16.23 Decreased By ▼ -0.18 (-1.1%)
TRG 52.70 Decreased By ▼ -0.59 (-1.11%)
UNITY 26.75 Increased By ▲ 0.59 (2.26%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 9,955 Increased By 71.5 (0.72%)
BR30 30,899 Increased By 298.5 (0.98%)
KSE100 93,878 Increased By 522.7 (0.56%)
KSE30 29,109 Increased By 177.8 (0.61%)

imageISLAMABAD: Mari Petroleum Company Limited (MPCL) has announced a new gas find in Ghotki district of Sindh.

According to a private news channel, the company in a statement announced "a significant gas discovery" under new exploratory efforts at Shaheen-1 exploration well, drilled in Mari development and production lease area in Ghotki, Sindh.

The said well was spudded on Jan 5 and has been successfully drilled down to the depth of 1,175 metres into Sui Main Limestone formation.

Chief executive of the company Ishfaq Nadeem Ahmad said that seismic data has also identified additional new prospects at different reservoir levels, which the company planned to drill in the next two to three years.

According to the company it was the second consecutive find from the results of its acquired extensive 3D seismic data in the Mari D&P lease area.

The MPCL said it will continue to find additional hydrocarbon deposits in the country so that the ever-increasing energy needs can be met through local resources

Copyright APP (Associated Press of Pakistan), 2017

Comments

Comments are closed.