Islamabad April 8 2025: Mari Energies Limited, hit gas and oil flows of 70.3 MMCFD and 310 bbl/day in the Waziristan Block, KP province, according to company filing to the exchange.
This is the fourth gas and condensate discovery at Spinwam-1 exploratory well in the Lockhart Formation drilled in the Waziristan Block, in KP Province
This discovery follows our previous announcements on 25th February 2025, 17th March 2025 and 3rd April 2025, communicating hydrocarbon discoveries in the Samanasuk, Kawagarh, and Hangu formations, respectively in the same well.
The testing program of all the target formations in the well has now been concluded.
MariEnergies is the Operator of Waziristan Block having 55% working interest along with Oil and Gas Development Company Limited and Orient Petroleum Inc. as joint venture partners having 35% and 10% working interest respectively.
