OGDCL discovers gas in Sindh

Discussion in 'Pakistan' started by farhan_9909, Dec 8, 2012.

  1. farhan_9909

    farhan_9909 Tihar Jail Banned

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    KARACHI: The Oil and Gas Development Company Limited (OGDCL) has discovered gas from the exploratory well Suleman-01, located in District Khairpur, Sindh, according to an official notice on Thursday.

    Joint venture of Khewari Bloc comprising Oil and Gas Development Company Limited, as operator having working interest of 95 percent and the Government Holdings (Pvt) Limited with five percent carried stakes, has discovered gas from the exploratory well Suleman-01, located in District Khairpur, Sindh, it said. The structure of Suleman-01 was drilled down to the depth of 4,575 metres and the well successfully recorded flows at 20mmcfd.

    “The discovery is like to have a positive annualised EPS impact of two percent on OGDCL, owing to its post-commerciality stake of 75 percent in the field. We believe, the flows are likely to materialise from FY14,” said Atif Zafar at JS Global.

    The company holds the largest exploration acreage in the country, covering an area of 61,079 Sq-km, which includes 34 owned and operated joint venture exploration licences.

    In addition to this, OGDCL have working interest ownership in seven blocs operated by other exploration and production companies, it said.

    The company is actively participating in the offshore exploration activities. In this context, geological and geophysical studies pertaining to Offshore Bloc-R and Eastern Offshore Indus-A has been completed and evaluation of results is under process. Furthermore, an extension of one-year is applied for the aforesaid blocs to carry out some special studies, it said.

    The company is also involved in evaluation of different overseas exploration blocs for which a committee has been constituted to discuss and finalise the farm-in / farm-out opportunities for acquisition of oil reserves in the domestic and international markets.

    OGDCL discovers gas in Sindh - thenews.com.pk
     
    Black Blood likes this.
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  3. Blackwater

    Blackwater Veteran Member Veteran Member

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    pakistan zindabad

    @ farhaan :yeah dialouge theek tha bhai???:cool2::cool2:
     
  4. farhan_9909

    farhan_9909 Tihar Jail Banned

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    dialogue ni reality

    i heard that Pakistani punjabi has planned invading indian occupied punjab

    soon you will be forced to say so being punjabi.
     
  5. Blackwater

    Blackwater Veteran Member Veteran Member

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    his holiness zaid hamid has already in panipat fighting with Indian army.:lol::lol:
     
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  6. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    So the conspiracy theory by Pakistan that USA and India are using the war in
    Afghanistan as an excuse to steal Pakistan's gas is true.(sarcasm)
     
    Last edited: Dec 9, 2012
  7. Black Blood

    Black Blood Tihar Jail Banned

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    US can, do a lot of damage to Pakistan no doubt about that. As for India, ---- it cant do anything....its just a sad reality people have to live with. All India can do is feed terrorists ie TTP/BLA/BRA etc.... We are one of the inventors of the proxy warfare. IF Pakistan bleeds, India will too.
     
  8. Blackwater

    Blackwater Veteran Member Veteran Member

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    India is doing the same what you(hamid gul)have invented in late 80ties in kashmir.. you know its doing lot of damage to you now and india is not bleeding that much:lol::lol::lol::taunt::taunt:
     
  9. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    @Black Blood

    Didn't India split Pakistan?? Pakistan is bleeding daily I don't
    see the same in India?
     
    Last edited by a moderator: May 10, 2015
  10. Black Blood

    Black Blood Tihar Jail Banned

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    Pakistan was split by Bhutto and Mujib. India is naturally an opportunistic nation, it just took advantage of an existing situation. India was split in 1947 - change your history teacher.
     
    Last edited by a moderator: May 10, 2015
  11. farhan_9909

    farhan_9909 Tihar Jail Banned

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    by india?really?we were onto civil war

    beside this wasnt india split up by PAKISTANIS creating the Nation "Pakistan" danday k zorr parr?
     
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