IGI Securities Limited – Investor Kit

Karachi, December 07, 2018 (PPI-OT): Top News

Pakistan Petroleum Limited (PPL), the operator of the Block 2467-16 (Shah Bandar) EL and Block 2568-18 (Gambat South) EL, has made a back-to-back gas and condensate discovery, respectively, from the blocks, a statement said on Thursday. Gambat South discovery came a day ago. PPL, having 63 percent working interest along with its joint venture partners Mari Petroleum Company Limited (MPCL) with 32 percent working interest in Block 2467-16 (Shah Bandar) EL, while Sindh Energy Holding Company Limited (SEHCL) and Government Holdings Private Limited (GHPL) with 2.5 percent working interest each, has made a gas discovery at its exploration well Benari X-1 (ST-2) located in Sujawal district, it added. https://www.thenews.com.pk/print/402726-ppl-makes-back-to-back-discoveries

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