MARI Petroleum Successfully Concludes Ghazij Appraisal Program of Gas Discovery

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has successfully completed the appraisal program for the Ghazij gas discovery located in the Mari Development and Production Lease (D&PL) in Sindh.

As the sole operator of Mari D&PL with 100% working interest, MARI shared this development in a notice to the Pakistan Stock Exchange (PSX) on Tuesday.

"We are pleased to inform that the company has successfully concluded the appraisal program of Ghazij gas discovery during which four appraisal wells were drilled and tested to evaluate and determine the extent of the discovery," the notice stated.

"All five wells (one exploratory and four appraisal wells) have been put on an Extended Well Testing program and are producing around 30 MMSCFD of gas, which is being supplied to SNGPL (Sui Northern Gas Pipeline Limited)," it added.

The company also informed that work on the field development plan is in progress and will be submitted to the regulator for approval in due course.

Earlier in April, the E&P company discovered oil in the Shawal-l well, also located in Mari D&PL, Sindh. "This is the first-ever oil discovery in Mari D&PL, which has been in gas production since 1967," MARI noted at that time.

Operating the country’s largest gas reservoir at Mari Gas Field, Daharki, Sindh, MARI stands as the second largest producer of natural gas in Pakistan.

MARI is an integrated oil and gas exploration and production company with an approximately 70% exploration success rate, significantly higher than industry averages of around 33% nationally and 14% internationally.

The company’s key customers include fertilizer manufacturers, power generation companies, gas distribution companies, and refineries.

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