Mari Energies starts production at Spinwam-1, Waziristan Block

News Image

MG News | April 01, 2026 at 10:50 AM GMT+05:00

April 01, 2026 (MLN): Mari Energies Limited (PSX:MARI) has begun gas and condensate production from its Spinwam-1 discovery in the Waziristan Block, KP Province, under the Extended Well Testing (EWT) phase.

The well, completed in the Lockhart reservoir, is currently producing approximately 40 MMscfd of gas and ~200 BBL/D of condensate.

The addition of Spinwam-1 brings the early production facilities at Shewa to full capacity, with combined output from both the Shewa and Spinwam wells now reaching around 100 MMscfd of gas and 800 BBL/D of condensate.

MariEnergies operates the Waziristan Block with a 55% working interest, alongside joint venture partners Oil and Gas Development Company Limited (OGDCL) and Orient Petroleum Inc., holding 35% and 10% working interests, respectively.

The aforementioned information was disseminated through a notification to Exchange.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 185,372.21
314.71M
0.46%
851.25
ALLSHR 111,991.85
808.33M
0.65%
718.12
KSE30 55,404.49
93.15M
0.58%
321.30
KMI30 262,585.95
95.11M
0.49%
1271.44
KMIALLSHR 72,124.09
476.70M
0.59%
425.45
BKTi 52,005.70
31.68M
0.63%
324.75
OGTi 37,895.90
20.70M
1.63%
608.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 62,850.00 63,105.00
61,420.00
1195.00
1.94%
BRENT CRUDE 71.94 72.49
71.30
0.14
0.20%
RICHARDS BAY COAL MONTHLY 107.50 0.00
0.00
-0.50
-0.46%
ROTTERDAM COAL MONTHLY 122.40 122.75
120.45
1.30
1.07%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 68.78 69.26
68.08
0.09
0.13%
SUGAR #11 WORLD 14.81 15.17
14.81
-0.18
-1.20%

Chart of the Day


Latest News
July 04, 2026 at 01:25 PM GMT+05:00

Weekly Market Roundup


July 04, 2026 at 01:21 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


July 04, 2026 at 12:29 PM GMT+05:00

SECP eases rules for Apna Ghar loans


July 04, 2026 at 11:56 AM GMT+05:00

SECP, PSX hold broker compliance webinar


July 04, 2026 at 01:14 AM GMT+05:00

Petrol, diesel prices reduced by Rs1.97 per litre



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg