Inside Financial Markets

E&P drilling updates for 30th Sep-13

makori eastE&P drilling update for 30th Sep-13

Highlights:

–           Development well Makori East 3 is still under testing phase.

–           Kot-1 has reached closed to its target depth.

–           Pindori-9 (an exploratory cum development well) drilling has been initiated.

COMPANY  LEASE  WELL  OPERATOR  TARGET (M)  PRESENT (M)  STATUS  STAKE
 POL  TAL  Kot-01  [MOL]              5,488                4,902  Drilling in Progress 21%
  TAL  Makori East-03  [MOL]              5,048                5,030  Testing 21%
  Pindori D & Pl  Pindori-09  [POL]              4,526                   579  Drilling in Progress 35%
PPL  TAL  Kot-01  [MOL]              5,488                4,902  Drilling in Progress 28%
  TAL  Makori East-03  [MOL]              5,048                5,030  Testing 28%
  Nashpa  Mela-04  [OGDC]              5,050                2,361  Drilling in Progress 29%
  Barkhan (2969-8)  Aro Khan X-01  [PPL]              2,480                1,057  Drilling in Progress 35%
  Gambat (2668-4)  Tajjal South-01  [OMV]              3,982                2,357  Drilling in Progress 24%
OGDC  TAL  Kot-01  [MOL]              5,488                4,902  Drilling in Progress 28%
  Pindori D & Pl  Pindori-09  [POL]              4,526                   579  Drilling in Progress 50%
  Jakhro  Jakhro West-01  [OGDCL]              3,500                1,073  Drilling in Progress 78%
  TAL  Makori East-03  [MOL]              5,048                5,030  Testing 28%
  Nashpa  Mela-04  [OGDC]              5,050                2,361  Drilling in Progress 56%
  Soghri  Soghri X-01  [OGDCL]              4,950                2,599  Drilling in Progress 100%
  Dakhni  Jand-01  [OGDCL]              5,965                2,469  Drilling in Progress 100%
  Zin (2868-1)  Zin Deep-01  [OGDCL]              4,200                   397  Drilling in Progress 83%
  Zin  Zin SML-02  [OGDCL]              1,050                1,050  Under Completion 83%

 

Sanie Khan

Sanie Khan holds a deep knowledge of the financial markets in Pakistan. Based in Karachi, he has over 20 years of hands-on management experience in financial technologies and managing operations in the financial sector. He was the General Manager at the Pakistan Stock Exchange (PSX) for 17 years. He along-with senior members of Exchange

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

The Canadian Securities Institute

CANADIAN SECURITIES COURSE - Inside Financial Markets

CSI is part of Moody's Analytics Learning Solutions, which offers educational programs and credentials throughout the world.

Email Newsletter

Subscribe to receive inspiration, news, and ideas in your inbox.

Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)