21

Jun

Prime Pakistan Ltd. boldly stepped into a new era of exploration with its successful acquisition of the South West Miano III Block. This milestone achievement comes after the company’s participation in a bid round initiated by the Government for 18 onshore blocks.

After meticulous evaluation, Prime Pakistan Ltd. joined forces with Al-Haj to jointly bid for the coveted SW Miano III Block. The bid results proved to be in their favor, marking Prime Pakistan Ltd.’s triumphant return to the exploration arena after more than 13 years.

Situated in the Middle Indus Basin, a region where the company has established a formidable presence spanning over 35 years, the SW Miano III Block holds immense promise. With the Kadanwari and Sawan Gas Processing facilities in close proximity, Prime Pakistan anticipates a smooth and successful monetization of future gas discoveries from this block.

Driven by a steadfast commitment to re-energize its exploration portfolio, Prime Pakistan is poised to unlock the full potential of the SW Miano III Block. Moreover, the company remains dedicated to scouting for new business opportunities, ensuring a robust mix of exploration and producing assets in its portfolio.

This landmark acquisition underscores Prime Pakistan Ltd.’s unwavering dedication to innovation, growth, and excellence in the energy sector.

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