A delegation of Petroleum Exploration Limited (PEL) headed by its Chairman Zaheeruddin called on Minister for Petroleum and Natural Resources Amanullah Khan Jadoon here on Wednesday.
The delegation briefed him about PEL's plan to drill two exploratory wells next month in Khairpur District. The Minister felicitated the PEL Chief Executive on awarding Tamgha-e-Imtiaz by the President in recognition of his invaluable contribution for the promotion of oil and gas exploration activities in the country. During the meeting he told the Minister that PEL has completed 350 km of 2-D seismic survey of Kandra mining lease located in Khairpur District in upper Sindh in collaboration with a renowned Chinese Sichuan Petroleum Company.
The Chairman told the minister that specialised drilling equipment was imported from China and the most modern field units would be utilised to drill the hand limestone in Kandra Block. He said that newly acquired seismic data had been sent to a renowned US spectrum company for evaluation.
To expedite spadework for oil and gas search PEL had tasked Sichuan Petroleum to carry out seismic survey in its other blocks, which includes Salam, Mirpur Matheolo, Badin, he said. The PEL Chairman also informed that his company would set up 120 MW gas power plant at Kandra field by 2009 and necessary arrangements in this regard were being made at a fast-track pace.