North Waziristan: Third consecutive successful oil and gas discovery has been made within short period of one and half month from Sampwam-1 well in North Waziristan. Mari Petroleum Company through a statement has anounced the discovery of a significant new oil and gas reserve in North Waziristan. Work is underway for further discovery of oil and gas from Sampwam-1 well, company added. According to the company’s statement, the discovery was made at the Sampwam-1 well in Hangu district. Initial estimates suggest that the newly found reserve has the potential to produce 20 million cubic feet of gas per day. Additionally, the well is expected to yield 122 barrels of crude oil daily. This marks the third consecutive successful oil and gas discovery by Mari Petroleum Company, further strengthening Pakistan’s energy sector. Mari, OGDCL and Orient Petroleum are working in Waziristan bloc. MD CEO Mari Energies Fahim Haider said we are grateful to ministry of petroleum and law enforcement agencies for extending cooperation in operation. New discovery of oil and gas reserves will help meet requirement of local population. Online
