Mari Petroleum Company Limited (MARI) has reported a significant gas discovery at the Shewa-2 appraisal-cum-exploratory well in the North Waziristan district of Khyber Pakhtunkhwa Province, as disclosed in their filing on the Pakistan Stock Exchange (PSX).
The drilling of the well, which reached a depth of 4,577 meters on November 01, 2023, aimed to appraise the Lockhart and Hangu formations, previously identified in the exploratory well Shewa-1, and evaluate the hydrocarbon potential of the Samanasuk and Kawagarh formations.
A Drill Stem Test conducted in the Kawagarh formation, one of the exploratory targets, yielded a sustainable gas flow rate of 0.607 million standard cubic feet per day (MMSCFD) at a wellhead flowing pressure (WHFP) of 97 pounds per square inch (Psi) using a 32/64-inch choke size.
This discovery in the Kawagarh formation complements the previously identified hydrocarbon-bearing reservoirs in the Lockhart and Hangu formations at Shewa-1.
The appraisal of the Lockhart and Hangu Formations at Shewa-2 has verified the extension of the hydrocarbon reserves in these formations.
The Hungu formation at the same well recorded a gas flow rate of 0.274 MMSCFD at a WHFP of 77 Psi, also using a 32/64-inch choke size.
Furthermore, post-acid treatment, the Lockhart formation at Shewa-2 well demonstrated a gas flow rate of 51 MMSCFD and 391 barrels of condensate per day at a WHFP of 5,972 Psi, employing a 38/64-inch choke size.
Mari Petroleum holds a 55% working interest and operates the Waziristan Block, with joint venture partners OGDCL and OPI having working interests of 35% and 10%, respectively, as it is told in its filing on PSX.
MY PERSONAL EXPERIENCE ON LOST CRYPTO RECOVERY!
I read so many stories about bitcoin loss to scams. I will like to start by saying the agencies responsible for bitcoin security has really done nothing to help locate stolen or lost coins. In my situation my MacBook was hacked by someone that had access to my emails, i immediately contacted blockchain and they only wasted my time, after which i worked towards getting help else where, i was referred to consult a bitcoin expert who helped track and retrieved my 3.3 btc, for an agreed fee. I was more than grateful and willing to pay more after the job was done. Thankful i didn’t fall victim and would like to recommend ( MORRIS GRAY 830 @ G maiL . COM )