MOL

MOL reported a discovery in the TAL Block in Pakistan, the company’s eighth discovery in the block. The Makori Deep‑1 well, drilled to a targeted depth of 5067 m, flowed 2,020 B/D of oil and 5.4 MMscf/D of gas in a test of the Lockhart-1 formation. An MOL official said that the discovery has derisked exploration in deeper fault blocks in the company-operated TAL Block. MOL has a 10% interest in the block. Its joint-venture partners are Oil and Gas Development Company (30%), Pakistan Petroleum Limited(30%), Pakistan Oilfields Limited (25%), and Government Holdings Private Limited (5%).


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