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

MPS Preview: High for Longer

PPL announces discovery of Hydrocarbons under Digri Exploration License

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October 9, 2018 (MLN): Pakistan Petroleum Limited (PPL) has disclosed in an official statement to the PSX, that the joint venture of Digri Exploration License, comprising of United Energy Pakistan and (PPL), has discovered hydrocarbons from exploratory well Gulsher-1 in Digri block situated in district Tando Allah Yar, Sindh.

United Energy Pakistan is the operator holding a 75% working interest in the venture while Pakistan Petroleum Limited holds a 25% working interest.

According to the announcement, Gulsher-1 was spud on 17th August 2018 and drilled to a total depth of 8,227 feet to test the hydrocarbon potential of the upper and middle sand of the lower Goru formation.

The statement further added that the discovery will add to the hydrocarbon reserves and will also help increase the energy supply and reduce the energy crisis within the country.

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Posted on: 2018-10-09T10:42:00+05:00

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