Inside Financial Markets

Pakistan Petroleum Successful testing at Adam X-1 Hala block


PPL announced successful completion of production testing of Deeper reservoirs (Lower Goru Formation) at an exploratory well Adam X-1 at Hala Block (Sanghar Sindh). Drill stem test has resulted in flows of 14.3mmcfd gas and 125bbl of condensates at different choke sizes.


PPL is the operator of the block with 65% working interest. Back of the envelope calculation reveals an annualized EPS impact of PKR 0.36/sh for PPL.  Analysts reviews


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

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