OGDCL Hits Gas Pay in Pakistan

Oil and Gas Development (OGDCL) Operator of Kohat EL, together with its Joint Venture partners Tullow Pakistan, Mari Gas and Saif Energy, has discovered gas reserves from its exploratory well Sheikhan # 01, located in District Kohat of Khyber Pukhtoonkhawa.

Sheikhan Well # 01 was spudded on November 12, 2009, and drilled down to a depth of 2810 M, targeting potentials of Kingriali, Datta, Shinwari, Samanasuk, Lumshiwal, Hangu & Lockhart formations. Due to sub-surface structural complexities, Kingriali & Datta formations were not encountered at total depth.

Significant reserves of gas have been found at Sheikhan Well # 01. Lumshiwal formation has produced 15 MMCFD gas through 32/64" choke size at well head flowing pressure 2500 Psi. The gas is of good quality with 96% methane and 1041 BTU / SCF heating value.

The discovery will add to hydrocarbon reserves base of the Company and joint venture partners.