MPCL acquires stakes in Zarghun South, Nareli blocks from SEPL

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MG News | February 07, 2024 at 11:40 AM GMT+05:00

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February 07, 2024 (MLN): Mari Petroleum Company Limited (PSX: MPCL) and Spud Energy Pty Limited (SEPL) have signed agreements today for the acquisition of 40% working interest in Zarghun South D&PL and 27.55% working interest in Nareli Block by MPCL from SEPL.

This information was disseminated by the company through a notice issued to the PSX today.

The said acquisitions are subject to requisite regulatory approvals and completion of related formalities.

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