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Petroleum Exploration (Pvt) Limited
       
Companies' Name & Postal Address Name & Designation Telephone Fax
       
Petroleum Exploration (Pvt) Ltd.
# 20, Main Margalla Road, F-8/3 , Islamabad
Mr. Zaheeruddin
Chairman & Chief Executive Officer
92 (51) 2299031-6 92 (51) 2299027-9

Petroleum Exploration (Pvt) Limited (PEL), has a number of exploration licences, development & production leases. It is producing 40 MMCFD of gas from two of its concessions. PEL’s development & production leases and exploration licences indicated below, speak of its credentials, expertise and financial soundness. 

Development & Production  / Mining Leases

S.No.

Name of the Blocks

Award Date /
Status

Area
(Sq Km)

Working Interest Owners

1

Badar D&PL

13th Mar 02

122

PEL (Operator)  OGDCL             Sherrit                      Spud               

26.32 %
50 %
15.79 % 
7.89 %

2

Hasan D&PL

3rd Apr 03

37.05

PEL (Operator)       PPL                            
Pyramid                 GHPL                    

26.18 %
35.52 %
15.79 %
22.50 %

3

Sadiq D&PL

3rd Apr 03

40.72

4

Khanpur D&PL

3rd Apr 03

41.78

5

Hamza EWT

7th Sep 04

173.12

6

Kandra ML

5th Jan 06

286.08

PEL (Operator)       
Frontier                 
GHPL                     

37.5 %
37.5 %
25 %

Exploration Licenses

S. No.

Exploration License
Name & Block No.

Award Date /
Status

Area
(Sq Km)

Working Interest Owners

1

Mirpur Mathelo (2769-9)

3-Jun-02

1030.7

PEL (Operator)
Frontier Holdings Ltd  
GHPL                        

47.5%
47.5%
5%

2

Salam (2769-13)

20-Dec-02

200.22

PEL (Operator)
Frontier Holdings Ltd      

50%
50%

3

Karsal (3272-12)

3rd June 05

724.42

PEL (Operator)
Frontier Holdings Ltd

50%
50%

4

New Larkana (2768-10)

3rd June 05

2426

PEL

100%

5

Badin IV North ( 2467-6)

5th Jan 06

1246

PEL (Operator) 
Frontier Holdings Ltd

50%
50%

6

Badin IV South (2468-5)

5th Jan 06

1265.3

PEL (Operator) 
Frontier Holdings Ltd

50%
50%

7

Jhangara (2567-5)

27th Apr 05

358

PEL (Operator)
OGI

40.00%
60.00%

8

Offshore Indus-J (2266-4)

29th Sept. 06

2436.3

PEL (Operator)

100%

9

Offshore Indus-P (2365-3)

29th Sept. 06

897.48

PEL (Operator)

100%

10

Offshore Indus-O (2266-7)

29th Sept. 06

833.78

PEL (Operator) 

100%

PEL’s Working Interests in Blocks Operated by other Companies

1

Zamaurdan (2869-12)

2nd Nov 04

2080.6

OGDCL(Operator)         
OMV 
MGCL                          
PEL                             

40.00 %
30.00 %
20.00 %
10.00%

2

Sukkur (2768-9)

7th Jan 06

2435.4

PEL
Mari Gas (Operator)        

35% 
65%

PEL is committed to invest over US $ 300 Millions in collaboration with its joint venture partners on the exploration in the concession areas.  It has planned to drill 31 wells in three years. The work programme includes drilling of 13 exploration & development wells in 2007, 14 wells in 2008 and 4 wells in 2009.

Offshore Exploration

Petroleum Exploration (Pvt) Ltd is the first private sector company in Pakistan that is venturing in the realm of offshore exploration, after it was awarded three Offshore Exploration Lincences. These three blocks  are “Indus Offshore J, O & P “ located in deep waters of Arabian Sea, in the Exclusive Economic Zone of Pakistan.

 
 
       
Tel:
0092-51-2112015-16
Fax:
0092-51-2112108
Address:
Email:
mail@ppepca.com
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