Pakistan Petroleum Limited makes deepest-ever oil discovery in Pakistan

Karachi, December 18, 2015 (PPI-OT): Pakistan Petroleum Limited (PPL), the operator of Dhok Sultan block, located in District Attock, Punjab, along with its joint venture partner Government Holdings (Private) Limited (GHPL) has announced the discovery of oil and gas from its first exploratory well Dhok Sultan X-1. PPL holds 75 percent working interest while GHPL shares 25 percent interest in the block.

Dhok Sultan X-1 was spud on December 25, 2014 and reached the final depth of 5827 meters on November 7, 2015. Based on wireline logs, a hydrocarbon bearing zone was identified within the Lockhart formation, which flowed 468 bbl/day oil along with 0.617 MMscfd gas at 20/64 inches choke size during testing. This is the deepest oil discovery in Pakistan and has opened up a new play in the western Potwar area.

An acid stimulation is planned to be carried out after completion of the well which is expected to increase the flow rates.

For more information, contact:
Pakistan Petroleum Limited (PPL)
4th Floor, PIDC House,
Dr. Ziauddin Ahmed Road,
P. O. Box 3942,
Karachi 75530
UAN: +92-21-111-568-568
Tel: +92-21-35651480-89
Fax: +92-21-35680005, +92-21-35682125