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Vast reserves of oil, gas in Karak

December 20, 2009

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KARAK, Dec 19 Oil and gas reservoirs explored in Karak district are producing 7000 barrels of oil and 2500 cubic feet gas on a daily basis which is a record production from one oil well in the country.

The oil and gas reservoirs at Noshapa Banda in district Karak are generating millions of rupees revenue daily.

District Karak is blessed with mineral resources and many national and international companies and OGDCL are busy in oil and gas exploration in different areas of the district.

Vast reservoirs of oil and gas have been explored in Gurguri and Noshpa Banda areas of the district so far whereas exploration is under way in other areas.

These oil and gas reservoirs could make up the gas deficiency in NWFP as many parts of the province are badly hit by gas load-shedding.—APP