Pakistan Petroleum Limited (PPL) has discovered gas reserves at exploratory well Bashar X-1 ST located in District Matiari, Sindh. PPL has working interest of 65 percent. During testing, gas flowed at a rate of 8.7mmcfd. “We estimate this discovery is likely to have an annual earning impact of Rs 0.15 per share,” Khurram Shehzad, a senior analyst said.
The Canadian Securities Institute
CSI is part of Moody's Analytics Learning Solutions, which offers educational programs and credentials throughout the world.
Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)