PEL hits oil, gas discovery in Badin

Jun 30, 2016 12:00 AM

The Petroleum Exploration (Private) Limited (PEL), a private sector Pakistani company, Wednesday announced a discovery of oil and gas reservoir in its Badin-IV South Block at Ayesha North-I Well in Sindh.

"The company discovered significant quantities of gas and condensate in Badin," said a press release.

The company has expressed confidence that the discovery would help increase the hydrocarbon reservoirs in the country and have positive impact on the national economy.
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