Mari Petroleum announces gas discovery at Mari Ghazij-1 well located in Mari Development and Production Lease in Sindh.

Islamabad -- By the grace of Almighty Allah, Mari Petroleum Company Limited (MPCL), the Operator of Mari Development and Production Lease (Mari D and PL) with 100% working interest is pleased to announce a gas discovery resulting from its exploratory efforts at Mari Ghazij-1 Exploration Well, drilled in Mari D and PL, located in District Ghotki, Sindh Province. Mari Ghazij-1 exploratory well targeting multiple Ghazij Limestone units in Mari D and PL, was spudded-in on November 24, 2022 and successfully drilled down to the depth of 1,015 meters. The gas flow rate established through Drill Stem Test (DST) is 5.1 Million Standard Cubic Feet Per Day (MMSCFD) with Wellhead Flowing Pressure (WHFP) of 232 Pounds Per Square Inch (Psi) at 64/64 inch choke size. This was the first dedicated exploratory well targeting multiple Ghazij Limestone units. The concept emerged from Iqbal-1 well wherein a thin limestone unit in Ghazij Formation was found to make minor contribution of ~0.5 MMSCFD to the flow. Based on that, the Limestone units within Ghazij Formation were thoroughly studied in the entire Mari D and PL area to ascertain their reservoir potential and deliverability in the play sweet spot that has been successfully proven through Mari Ghazij-1 discovery. The said discovery in Mari D and PL shows the commitment of MPCL to exploit the hydrocarbon (HC) potential of the Lease and aggressive exploration strategy. It has opened a new avenue and will positively contribute to...