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Pakistan Oilfields Limited (POL): confirms discovery size at Jhandial -1 – By JS Research

  • By: JS Global Capital Limited

  • - Published: Wednesday, 04 October 2017
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<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">As per notice sent to Pakistan Stock Exchange (PSX), Pakistan Oilfields Limited (POL) confirmed the size of discovery at Jhandial-1 well. Initially, the company had notified discovery at the well in its Ikhlas block. POL holds 80% share in the block while the rest is owned by Attock Oil Company (AOC).</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company provided following estimates at various choke sizes and well head flowing pressure (PSI):</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">At choke size of 40/64&rdquo;, the well flowed 2,520bpd of oil and 21mmcfd of gas with a pressure of 3,768 PSI.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-...

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