MOL’s Ghauri joint venture (JV) has made a significant oil discovery in the Ghauri X-1 well located in the Punjab province of Pakistan, MOL said.
The company said the potential for the Ghauri Block could be significant but it was too early to give a forecast for the whole block.
The JV is made up of Mari Petroleum Co. with 35% working interest as operator, Pakistan Petroleum Ltd. with 35%, and MOL with 30%.
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