Pakistan Petroleum spuds first int'l exploration well in Iraq.

ISLAMABAD -- Pakistan Petroleum Limited, one of the country's leading energy companies, made history by becoming the first Pakistani company to successfully spud its first international exploration well in Iraq. This achievement has firmly imprinted PPL's presence on the global energy map. Pakistan Petroleum Limited works under the guidance and direction of Petroleum Division.

The company is operating Block 8. The block is located in Mesopotamian basin and is surrounded by areas that have several large oil and gas fields. The well is named as Madian I A Chinese drilling contractor ZEPEC is drilling the well on integrated project management basis. 'PPL's foray into the international competitive energy markets and its success is heartening and a resounding success for this division, the company and indeed the entire nation.' said Ghulam Sarwar Khan, the Federal Minister for Petroleum.

He further added that 'this feat demonstrates that our nation has a rich pool of...