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PPL discovers new gas deposits from Lower Goru Formation

byCT Report
24/09/2016
in Business
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KARACHI: Pakistan Petroleum Limited (PPL) has discovered new gas deposits from Lower Goru Formation in district Matiari, Sindh, according to a bourse filing Friday.

The company has discovered hydrocarbon from its exploratory well Bashar X-I ST. “During testing, gas flowed at a rate of 8.7 million standard cubic feet per day…,” PPL Company Secretary Shahana Ahmed Ali said in a notification to the Pakistan Stock Exchange.

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