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Petroleum Exploration (Pvt) Limited |
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| Companies' Name & Postal Address |
Name & Designation |
Telephone |
Fax |
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Petroleum Exploration (Pvt) Ltd.
# 20, Main Margalla Road, F-8/3 , Islamabad |
Mr. Zaheeruddin
Chairman & Chief Executive Officer |
92 (51) 2299031-6 |
92 (51) 2299027-9 |
Petroleum Exploration (Pvt) Limited (PEL), has a number of exploration licences, development & production leases. It is producing 40 MMCFD of gas from two of its concessions. PEL’s development & production leases and exploration licences indicated below, speak of its credentials, expertise and financial soundness.
Development & Production / Mining Leases
| S.No. |
Name of the Blocks |
Award Date /
Status |
Area
(Sq Km) |
Working Interest Owners |
1 |
Badar D&PL |
13th Mar 02 |
122 |
PEL (Operator) OGDCL Sherrit Spud |
26.32 %
50 %
15.79 %
7.89 % |
2 |
Hasan D&PL |
3rd Apr 03 |
37.05 |
PEL (Operator) PPL
Pyramid GHPL |
26.18 %
35.52 %
15.79 %
22.50 % |
3 |
Sadiq D&PL |
3rd Apr 03 |
40.72 |
4 |
Khanpur D&PL |
3rd Apr 03 |
41.78 |
5 |
Hamza EWT |
7th Sep 04 |
173.12 |
6 |
Kandra ML |
5th Jan 06 |
286.08 |
PEL (Operator)
Frontier
GHPL |
37.5 %
37.5 %
25 % |
Exploration Licenses
| S. No. |
Exploration License
Name & Block No. |
Award Date /
Status |
Area
(Sq Km) |
Working Interest Owners |
1 |
Mirpur Mathelo (2769-9) |
3-Jun-02 |
1030.7 |
PEL (Operator)
Frontier Holdings Ltd
GHPL |
47.5%
47.5%
5% |
2 |
Salam (2769-13) |
20-Dec-02 |
200.22 |
PEL (Operator)
Frontier Holdings Ltd |
50%
50% |
3 |
Karsal (3272-12) |
3rd June 05 |
724.42 |
PEL (Operator)
Frontier Holdings Ltd |
50%
50% |
4 |
New Larkana (2768-10) |
3rd June 05 |
2426 |
PEL |
100% |
5 |
Badin IV North ( 2467-6) |
5th Jan 06 |
1246 |
PEL (Operator)
Frontier Holdings Ltd |
50%
50% |
6 |
Badin IV South (2468-5) |
5th Jan 06 |
1265.3 |
PEL (Operator)
Frontier Holdings Ltd |
50%
50% |
7 |
Jhangara (2567-5) |
27th Apr 05 |
358 |
PEL (Operator)
OGI |
40.00%
60.00% |
8 |
Offshore Indus-J (2266-4) |
29th Sept. 06 |
2436.3 |
PEL (Operator) |
100% |
9 |
Offshore Indus-P (2365-3) |
29th Sept. 06 |
897.48 |
PEL (Operator) |
100% |
10 |
Offshore Indus-O (2266-7) |
29th Sept. 06 |
833.78 |
PEL (Operator) |
100% |
PEL’s Working Interests in Blocks Operated by other Companies
| 1 |
Zamaurdan (2869-12) |
2nd Nov 04 |
2080.6 |
OGDCL(Operator)
OMV
MGCL
PEL |
40.00 %
30.00 %
20.00 %
10.00% |
2 |
Sukkur (2768-9) |
7th Jan 06 |
2435.4 |
PEL
Mari Gas (Operator) |
35%
65% |
PEL is committed to invest over US $ 300 Millions in collaboration with its joint venture partners on the exploration in the concession areas. It has planned to drill 31 wells in three years. The work programme includes drilling of 13 exploration & development wells in 2007, 14 wells in 2008 and 4 wells in 2009.
Offshore Exploration
Petroleum Exploration (Pvt) Ltd is the first private sector company in Pakistan that is venturing in the realm of offshore exploration, after it was awarded three Offshore Exploration Lincences. These three blocks are “Indus Offshore J, O & P “ located in deep waters of Arabian Sea, in the Exclusive Economic Zone of Pakistan. |
