Mari Petroleum Company has announced the discovery of a significant new oil and gas reserve in North Waziristan.
According to the company’s statement, the discovery was made at the Sampwam-1 well in Hangu district. Initial estimates suggest that the newly found reserve has the potential to produce 20 million cubic feet of gas per day. Additionally, the well is expected to yield 122 barrels of crude oil daily.
This marks the third consecutive successful oil and gas discovery by Mari Petroleum Company, further strengthening Pakistan’s energy sector.