Pakistan Petroleum Limited (PPL): Oil & gas discovered at Adhi South X-1 – By Pearl Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In its communiqu&eacute; sent to PSX, Pakistan Petroleum Limited (PPL) informed that it has discovered hydrocarbons from exploratory well &lsquo;AdhiSouth X-1&rsquo;, situated in District Rawalpindi, Punjab.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">According to the notice, the well flowed 1,550bpd of oil and 2.62mmscfd of gas at 32/64&rdquo; choke size.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Adhi Field is a joint venture (JV) between PPL as operator, Oil and Gas Development Company Limited (OGDCL) and Pakistan Oilfields Limited (POL), with working interest of 39%, 50% and 11%, respectively.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;f...