Pakistan Petroleum Limited has discovered hydrocarbons from the exploratory well ‘Yasar X-1’, which is located in Sujjawal district, Sindh.
During the testing, the well managed 3.2 MMscfd gas and 475 bbl per/day condensate at 32/64” choke.
Pakistan Petroleum Limited has a 100% working interest in the Kotri block and is the operator under the Kotri Exploration Licence No. 2468-12
Back at the end of July, Pakistan Petroleum together with its joint venture partner, Sindh Energy Holding Company limited also discovered hydrocarbons from well Hub X-1, which is located in Lasbela District, Balochistan.
Earlier in March 2018, Pakistan Petroleum Limited (PPL) had announced a hydrocarbons discovery at Adhi South X-1, an exploratory well in Rawalpindi.
The discovery had been made with its joint venture partners Oil and Gas Development Company Limited and Pakistan Oilfields Limited.
PPL’s share price was up by 0.45%, or Rs 0.95, trading at a price of Rs 213.40. The overall volume of the shares traded were 286,800.