PPL makes 4th hydrocarbon find in Shah Bandar
Pakistan Petroleum Limited (PPL), the operator of Shah Bandar exploration licence, has made a gas and condensate discovery at exploratory well Rahi X-1, located in Sujawal district of Sindh province. "This is the fourth consecutive discovery at the Shah Bandar Block by PPL as an operator with 63% working interest along with its joint-venture partners Mari Energies having 32% working interest, Sindh Energy Holding Company and Government Holdings Private Limited with 2.5% interest each," said PPL in a notification posted on the Pakistan Stock Exchange website.