April 18, 2024 (MLN): Mari Petroleum Company Limited (PSX: MARI) has achieved a significant milestone in its exploration endeavours with the successful drilling and testing of the third appraisal well in the Ghazij formation, located within the Mari Development & Production Lease (D&PL), the company's filing on PSX revealed today.
This well is a part of the appraisal program for the Ghazij discovery which was disclosed on January 25, 2023. The well was spudded in on February 15, 2024, and drilled down to a depth of 1,483 meters.
The post-acid gas flow rate from the well was 10.5 million standard cubic feet per day (MMSCFD) with a wellhead flowing pressure (WHFP) of 490 pounds per square inch (Psi) at 64/64-inch choke size.
The well shall be put into production in due course after the completion of requisite regulatory formalities.
MARI is also preparing a field development plan for submission to the relevant regulatory authority for approval.
To note, MARI is the operator of Mari D&PL with 100% working interest.
