KARACHI: Mari Petroleum Company Ltd on Tuesday informed the PSX on the follow-up in the previously announced crude oil discovery by the Ziarat Joint Venture in September 2018 at exploratory well Bolan East-1 in Ziarat Block, near Mach City in Kachhi, Balochistan.
Mari Petroleum is the operator of Ziarat Exploration Licence with 60 per cent working interest, while Pakistan Petroleum Ltd, Europe E&P Ltd is the joint venture partner with 40pc working interest.
After persistent follow-ups and negotiations with local refineries and the government, Mari has now reached an agreement with the Attock Refinery Ltd for disposal of Bolan crude.
Published in Dawn, November 11th, 2020
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