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Mari Petroleum announces another oil discovery in Dharian-1 Ghauri Block

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April 19, 2019 (MLN): Mari Petroleum Company Limited (MPCL) along with its Joint Venture Partner Pakistan Petroleum Limited (PPL) has made an oil discovery at exploratory well Dharian-l ST-3, drilled in Ghauri Exploration License, near Gujar Khan in Rawalpindi District of the Punjab Province.

According to an official announcement issued to the Pakistan Stock Exchange (PSX), this is the second consecutive discovery by the Ghauri Joint Venture in Ghauri Block.

The said well was spud-in on December 21, 2017 and drilled deep with the objective to test the hydrocarbon potential of Sakessar and Khewra Formations as primary targets.

The Ghauri JV is planning to undertake expeditious evaluation of Dharian-l ST-3 discovery by putting it on test production.

The notification further mentions that the first ever discovery in Ghauri Block was made at exploratory well Ghauri X-I in 2014, which is currently on production. Ghauri JV also intends to drill 3rd exploratory well namely Miraj-l as part of its continuous efforts for tapping indigenous hydrocarbon resources.

MPCL is the Operator of Ghauri Exploration License having 65% working interest share with PPL as 35% interest holder.

Posted on: 2019-04-19T10:38:00+05:00

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