Mari Energies Limited (MariEnergies) has been provisionally awarded 10 new exploration blocks in Pakistan’s onshore bid round 2025. The Directorate General of Petroleum Concessions (DGPC) awarded the blocks after a competitive bidding process.

In compliance with Section 96 of the Securities Act, 2015 and clause 5.6.1 (a) of PSX Rule Book, Mari Energies Limited are pleased to inform PSX that the Directorate General of Petroleum Concessions (DGPC), vide its letters dated 13 May, 2025, has communicated the provisional award of Ten (10) new exploration blocks to Mari Energies Limited (MariEnergies) of which, seven blocks are awarded as an Operator and three blocks as a Joint Venture Partner; one each with Oil and Gas Development Company Limited (OGDCL), Pakistan Petroleum Limited (PPL) and Prime Global Energies Limited (Prime) as Operators in respective blocks. Government Holdings Pvt Ltd (GHPL) and Turkish Petroleum Overseas Company (TPOC) are also JV Partners, as mentioned below.