OGDC Uncovers Additional Reserves at Nashpa Discovery

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Further to its announcement on September 1, 2009,  Oil and Gas Development Company Limited (OGDCL), the Operator of Nashpa E.L., together with its Joint Venture partners i.e. PPL and GHPL, has discovered significant hydrocarbon reserves at the upper Lockhart Zone of recent discovery made in Nashpa-1 well located in District Karak of NWFP Province, onshore Pakistan.

Nashpa-1 was spudded on June 29, 2008 and drilled down to the depth of 4,384 meters. Initially, one of the potential zones, middle Lockhart was tested on August 31, 2009, which flowed 3,000 barrels of crude oil per day and 9.7 MMSCFD of gas. Subsequently, testing of additional zones continued which resulted in finding of significant reserves of hydrocarbons at upper Lockhart. Initial testing of this zone conducted on September 10, 2009 has produced about 4,200 bopd and 17 million of gas per day. These numbers will further improve as OGDCL plans to carry out stimulation job to enhance the well's productivity.

Choke Size WHFP (PSI) Quantity of Oil (BOPD) Quantity of Gas (MMSCFD) Testing Results of
36/64" 3,810 4,200 17.1 Upper Lockhart



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