Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

Mari Petroleum Acquires working interest in Different Blocks from Tullow Pakistan (Developments) Ltd.

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

According to a notice sent to PSX, Mari Petroleum Company Limited has announced that, as part of MPCL's campaign to expand its exploration portfolio fro enhancing its reserves base through reserve-led growth strategy, it has acquired working interest in different blocks from Tullow Pakistan Limited.

According to the notification a handing over ceremony took place on July 30th 2018 in Islamabad in respect of the following blocks:

  • 20% working interest in Bannu West Block (KPK & FATA)
  • 95% Working interest in Block-28 (Balochistan)
  • 30% working interest in Kalchas Block (Balochistan & Punjab)

The company informed that all procedural/legal formalities stand completed in connection to the above transfer of working interest.

Posted on: 2018-07-31T10:24:00+05:00

22402