BR100 Decreased By (-0.4%)
BR30 Decreased By (-0.64%)
KSE100 Decreased By (-0.29%)
KSE30 Decreased By (-0.21%)
AGHA 6.60 Decreased By ▼ -0.07 (-1.05%)
BECO 4.39 Increased By ▲ 0.04 (0.92%)
BML 55.31 Decreased By ▼ -0.86 (-1.53%)
BOP 29.98 Decreased By ▼ -0.14 (-0.46%)
CNERGY 12.70 Decreased By ▼ -0.28 (-2.16%)
CSIL 5.18 Decreased By ▼ -0.13 (-2.45%)
FCCL 50.99 Decreased By ▼ -0.66 (-1.28%)
FFL 14.42 Decreased By ▼ -0.07 (-0.48%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 5.96 Decreased By ▼ -0.10 (-1.65%)
KOSM 5.55 Decreased By ▼ -0.29 (-4.97%)
LOTCHEM 26.20 Increased By ▲ 0.03 (0.11%)
MLCF 90.00 Decreased By ▼ -1.23 (-1.35%)
NBP 161.50 Decreased By ▼ -2.69 (-1.64%)
NCPL 52.65 Decreased By ▼ -0.53 (-1%)
NPL 57.71 Decreased By ▼ -1.41 (-2.38%)
OGDC 315.31 Increased By ▲ 1.92 (0.61%)
PACE 9.75 Decreased By ▼ -0.02 (-0.2%)
PAEL 34.75 Decreased By ▼ -0.49 (-1.39%)
PIBTL 14.19 Decreased By ▼ -0.52 (-3.54%)
PPL 220.50 Decreased By ▼ -0.86 (-0.39%)
PRL 90.25 Decreased By ▼ -0.97 (-1.06%)
PTC 58.90 Decreased By ▼ -0.29 (-0.49%)
SSGC 23.32 Increased By ▲ 0.02 (0.09%)
TBL 8.68 Decreased By ▼ -0.07 (-0.8%)
TELE 7.39 Decreased By ▼ -0.22 (-2.89%)
TPL 21.10 Decreased By ▼ -0.93 (-4.22%)
TPLP 12.07 Decreased By ▼ -0.49 (-3.9%)
TREET 21.40 Decreased By ▼ -0.33 (-1.52%)
TRG 54.40 Decreased By ▼ -1.39 (-2.49%)

KARACHI: Mari Energies Limited has announced the discovery of new oil and natural gas deposits in Sindh Province, according to a disclosure submitted to the Pakistan Stock Exchange (PSX) on Friday.

The discovery was made at the exploratory well Mari Ghazij CF-B1, located within the Mari Development and Production Lease (D&PL). According to the company’s statement, the well was spud-in on September 12, 2025, and drilled to a total depth of 1,195 meters, targeting oil-prone formations within the Ghazij reservoir.

During testing, the well produced a measurable flow of hydrocarbons, with results indicating a production rate of 305 barrels of oil per day, accompanied by 3 million standard cubic feet per day (MMSCFD) of natural gas. The flow was recorded at a wellhead flowing pressure (WHFP) of 225 psi on a 48/64-inch choke size.

Mari Energies Limited is the sole operator of the Mari D&PL, holding a 100% working interest in the area.

Officials say that this discovery stems from company’s ongoing exploration efforts and is expected to contribute positively to both its production profile and Pakistan’s indigenous energy supply.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.