Tag: MPCL

Faheem Haider Reappointed as Managing Director/CEO of Mari Petroleum Company Limited

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New-mari

Mari Petroleum Company Limited (MPCL) has announced the reappointment of Faheem Haider as Managing Director/CEO for another three-year term, starting August 12, 2024. This decision, confirmed by a notice to the Pakistan Stock Exchange, reflects the Board’s strong confidence in Haider’s leadership. With a wealth of experience in the global oil and gas sectors, Haider has been instrumental in guiding MPCL towards significant growth and strategic excellence. His reappointment is expected to further bolster the company’s position in the industry, driving continued success and innovation. Haider’s leadership has been pivotal…

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MARI PETROLEUM COMPANY ANNOUNCES GAS DISCOVERY AT ITS MAINWAND X-1 ST-1 WELL LOCATED IN BLOCK – 28, BALOCHISTAN PROVINCE

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mari-petrolium

By the grace of Almighty Allah, Mari Petroleum Company Limited (MPCL) is pleased to announce a gas discovery resulting from its exploratory efforts at Maiwand X-1 St-1 exploration well, drilled in Block 28, in Kohlu District, Balochistan Province. MPCL is the Operator of Block 28 having 95% working interest along with OGDCL as joint venture partner with 5% carried working interest. The said well was spudded on June 12, 2023 and successfully drilled down to 2,516 meters (Measured Depth) on November 12, 2023. Multiple promising zones were tested during Drill…

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MPCL successfully drills well in Mari Deep Goru-B formation

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mari-petrolium

KARACHI: Mari Petroleum Company Limited (MPCL) has successfully drilled another development well in Mari Deep Goru-B formation in the Mari Development and Production Lease (D&PL), Sindh. “As part of the field development activities in the Mari D&PL area, MPCL has successfully drilled and tested Mari Deep-20 well in the Goru-B formation”, material information sent to Pakistan Stock Exchange on Thursday said. The well was spudded in on December 17, 2023, and drilled down to a depth of 2,975 meters. The well is tested at 19 million standard cubic feet per…

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Mari Ghazij: MPCL announces successful drilling of another appraisal well

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mari-petrolium

KARACHI: Mari Petroleum Company Limited (MPCL) has announced successful drilling of another appraisal well in Mari Ghazij formation in the Mari Development and Production Lease (D&PL), Sindh. As part of the appraisal plan for the Ghazij discovery in the Mari Development and Production Lease, MPCL has successfully drilled and tested the second appraisal well in the Ghazij formation, material information sent to Pakistan Stock Exchange on Friday said. The well was spudded in on December 20, 2023, and drilled down to a depth of 1,014 meters. The post-acid gas flow…

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Mari drills third horizontal well in Daharki

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MPCL-Project

KARACHI: Mari Petroleum Company Ltd has successfully drilled a third horizontal development well, which has been tested at the rate of around 17 million standard cubic feet per day (mmscfd) of gas. As opposed to a vertical well that’s drilled downwards, a horizontal one is drilled off a vertical borehole at an angle of at least 80 degrees. Mari-124H is located within Habib Rahi Limestone Reservoir of Mari gas field in Sindh’s Daharki area, the company told investors on Monday. “The well is part of the Mari Field Revitalisation Project…

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