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New gas. oil reserves discovered from Marighazej area in Sindh

Karachi: New gas and oil reserves have been discovered successfully from Marighazej area in Sindh.

Listed company Mari Energies Limited has informed Pakistan Stock Exchange management about this achievement through a letter.

According to letter new reserves of gas and oil have been discovered successfully from Marighazej area of Sindh.

Digging process in Ghazi CFB-1 well was started from September 12.

According to company letter new reserves of 305 barrel daily crude oil and 3 million cusec feet gas daily have been discovered from the well.

It was said in the letter that wellhead flow pressure of well has been recorded 225 pounds per square inch.