Karachi: Mari Petroleum Company Limited (MARI) has successfully commenced gas production from its appraisal well Mari Ghazij-l, located in Mari D&PL, Sindh. Company shared development in its notice to Pakistan Stock Exchange. Last month, company successfully drilled and tested  abovementioned appraisal well. “Reference our disclosure whereby it was informed that Mari Petroleum Company Limited has successfully drilled and tested appraisal well Ghazij-2 in Mari D&PL.

“It is informed that Extended Well Testing gas production from appraisal well Ghazij-2 has commenced,” MARI said in its notice to bourse. Well is currently producing around 8 million standard cubic feet per day (mmscfd) of gas which is being supplied to Sui Northern Gas Pipeline Limited, shared company.

“This new supply of gas will contribute in reducing energy demand and supply gap in country during forthcoming winter season and will help save foreign exchange through indigenous hydrocarbon production,” it said.

Mari’s key customers include fertilizer manufacturers, power generation companies, gas distribution companies and refineries.

Published in The Daily National Courier, November, 14 2023

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