PPL announces discovery of Hydrocarbons from Exploratory Well \"Adhi South X-1\", Adhi Mining Lease

News Image

MG News | March 09, 2018 at 01:52 PM GMT+05:00

0:00

Through an announcement on PSX, Pakistan Petroleum Limited (PPL) has notified all stakeholders that the company, which has a 39% working interest in the Adhi Mining Lease and operates its, has discovered hydrocarbons from the exploratory well "Adhi South X-1" which is located in district Rawalpindi, Punjab.

The “Adhi South X-1” well was drilled to test the hydrocarbon potential of Khewra sand stone formation. During the test the well flowed 2.62MMscdf of Gas at 1550 bbl/d of oil at 32/64" choke.

Related News

Name Price/Vol %Chg/NChg
KSE100 182,384.15
418.83M
-1.10%
-2025.52
ALLSHR 109,499.63
1,055.68M
-0.80%
-882.95
KSE30 55,901.83
133.16M
-1.22%
-692.05
KMI30 255,443.37
167.24M
-1.45%
-3765.05
KMIALLSHR 69,952.43
541.42M
-1.07%
-758.35
BKTi 53,170.34
58.49M
-1.12%
-604.38
OGTi 35,590.62
8.63M
-1.26%
-454.42
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 91,775.00 92,830.00
90,180.00
1370.00
1.52%
BRENT CRUDE 63.45 64.00
62.76
0.11
0.17%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
-1.75
-1.98%
ROTTERDAM COAL MONTHLY 97.30 97.35
97.25
0.30
0.31%
USD RBD PALM OLEIN 1,027.50 1,027.50
1,027.50
0.00
0.00%
CRUDE OIL - WTI 59.07 59.80
58.45
-0.05
-0.08%
SUGAR #11 WORLD 14.81 14.94
14.71
-0.08
-0.54%

Chart of the Day


Latest News
January 12, 2026 at 05:44 PM GMT+05:00

Govt signals big leap for Pakistan’s IT sector


January 12, 2026 at 05:29 PM GMT+05:00

Port Qasim set for major industrial expansion


January 12, 2026 at 04:24 PM GMT+05:00

PSX Closing Bell: Bears Take Over


January 12, 2026 at 04:11 PM GMT+05:00

PKR remains flat against USD


January 12, 2026 at 04:07 PM GMT+05:00

Car sales rise 35% in December 2025



Top 5 things to watch in this week

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