PPL finds gas in Sindh, Balochistan.

KARACHI -- Pakistan PetAArAoAleum Ltd (PPL) annAouAnced two discoveries on Monday.

A notice to the PSX infoArmed of hydrocarbon discovery in exploratory well, Bitro-I, in Latif Block locaAted in Khairpur District, Sindh, by the Joint Venture Partners of the Latif ExploAration Licence.

The company holds 33.30pc working interest in the block.

The second notice to the exchange related to hydrocarbon discovery in the first exploratory well, Margand X-I, in Margand Block (2866-4) that is operated by the company and holds 100pc interest in it.

PPL said that it was the first discovery in the Kalat Plateau.Margand X-1, locAated in District Kalat in BalAochistan, was spud on June 30 and reached a depth of 4,500 meters (measured depAth) inside Chiltan Limestone.

On the basis of wire line logs, Modular...