KARACHI: There is great good news for the Pakistani economy that large gas reserves have been discovered.
According to a private TV, these gas reserves have been discovered in the Kulchas South Block of Balochistan and Mari Energy has discovered gas reserves in the Teri One well.
According to the company statement, the Teri One well was drilled in Barkhan district. Initial tests reported a gas flow of 11 mmscfd from the well, while the wellhead flowing pressure at the well was recorded at 561 psi.
Mari Energy has informed the stock market about this discovery through a letter, while further testing is underway and the full production capacity of the gas is being tested.
Meanwhile, Mari Energy has announced that it will continue to explore the country’s hydrocarbon resources.
ANKARA: Field Marshal Asim Munir held an important meeting with Turkish President Recep Tayyip Erdogan…
ISLAMABAD: The highly controversial Indian movie named 'Satluj' has been the talk of the town…
ISLAMABAD: In view of the increasing tension in the region and the fears of closure…
ISLAMABAD (Rizwan Abbasi): The International Monetary Fund (IMF) has projected that Pakistan’s average inflation rate…
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday strongly condemned the recent attacks on Saudi Arabia,…
KARACHI: The gold prices in Pakistan have been reduced to Rs 424,136 following a reduction…