Pakistan Petroleum Limited (PPL) informed Pakistan Stock Exchange (PSX) on Thursday that it and partners has made a hydrocarbon discovery from exploratory well, Jugan-1, in the Latif Block (the “Block”) in Sindh.

PPL holds a 33.30% working interest; Eni Pakistan Limited holds 33.30% and United Energy Pakistan Limited (UEPL), formerly known as BP Pakistan, which is an operator of the block, holds the remaining 33.40% working interest in the block.

“The well was drilled and tested using the operator’s internal expertise and in consultation with the block’s joint ventures partners. The well was drilled to a depth of 11,350 ft. with reservoir target as Lower Goru Sands,” read the statement.

PPL said that after completion of the well, B sand zone (11,122-11,132 ft KB) was perforated which flowed 12.6 mmscfd (million standard cubic feet per day) of gas at FWHP (well head flowing pressure) of 3063 psig (pounds per square inch) at 28/64″ choke size.

“Followed by B Sand testing, C sand zone (10,300’KB – 10,310′ KB) was also perforated which flowed 13.7 MMscfd (million standard cubic feet per day) of gas at FWHP (well head flowing pressure) of 3323 psig (pounds per square inch) at 28/64″ choke size,” PPL added.