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Oil, gas reserves discovered in KP

byCT Report
12/07/2016
in Business
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ISLAMABAD: Fresh reserves of oil and gas have been discovered in Khyber-Pakhtunkhwa.

According to Pakistan Oilfields Limited, initial tests suggest that 2,836 barrel oil and 19.26 cubic feet gas could be extracted each day from the site, a private news channel reported.

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Earlier this year, Mari Petroleum Company Limited had discovered oil and natural gas reserves during drilling in Karak district of Khyber-Pakhtunkhwa. During initial short duration tests, the well flowed oil at the average rate of 1,425 barrels and 1.1MMSCFD of gas per day.

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