Land Acquisition

Land Acquisition

Land acquisition is a fundamental first step in the pursuit of energy exploration and production. For prime Pakistan securing the rights of land is essential for harnessing valuable energy resources. Our commitment to responsible land acquisition is integral to our mission of powering the world and driving economic growth while respecting the environment and local communities.

Our Approach to Responsible Land Acquisition: At Prime Pakistan, we understand that land acquisition is a complex and sensitive process. We follow a set of core principles that ensure our land acquisition efforts are conducted with integrity and diligence:

  1. Environmental Stewardship: We are dedicated to minimizing the environmental impact of our operations. Our land acquisition process includes thorough environmental assessments, and we implement best practices to protect local ecosystems.
  2. Compliance: We strictly adhere to all local laws and regulations governing land acquisition. Our processes are transparent and comply with the highest industry standards.
  3. Stakeholder Engagement: Our approach to land acquisition involves proactive liaison with all stakeholders. We believe in maintaining open and productive communication with all parties involved to ensure a smooth process.
  4. Respect for Property Owners: We ensure that property owners are treated with fairness, respect, and transparency throughout the negotiation and compensation process.
  5. Transparency: We believe in transparent and open communication throughout the land acquisition process. We keep property owners and stakeholders informed about every step, from initial negotiations to project development.
  6. Fair Compensation: We ensure that property owners receive fair and just compensation for their land. Our valuation process is rigorous and unbiased, and we adhere to all relevant laws and regulations.
  7. Minimizing Disruption: We work to minimize the disruption caused by land acquisition, striving to find solutions that are mutually beneficial for all parties involved.

The Land Acquisition Process: Our land acquisition process is a well-defined and meticulous series of steps, including:

  1. Site survey and identification of ownership: The survey is conducted by a team of Revenue department to ascertain the ownership of the land if it is owned by private landowners or by State.
  2. Negotiation: We initiate negotiations with property owners and stakeholders, seeking to reach mutually beneficial agreements.
  3. Regulatory Compliance: We obtain all the necessary permits and approvals required by government authorities and agencies.
  4. Valuation and Compensation: An impartial and rigorous evaluation process determines fair compensation for property owners.
  5. Acquisition: Once agreements are reached, we acquire the land and prepare for exploration.
  6. Renewals of lease: Based on requirement, the leases are renewed every year.
  7. State land acquisition: State land is acquired through reservation by the Board of Revenue of Province.
  8. Grievance Mechanism: The system is in place to address concerns and issues promptly and effectively.
  9. Seismic Survey Support: During Seismic Surveys, we closely monitor the land permitting process to ensure smooth operations and compensation to landowners.
  10. Effective Management: We have established a comprehensive Land Acquisition Management procedure and an application (software) to facilitate a structured and efficient process.

Community Benefits: Our land acquisition process is not only about securing land for energy exploration; it's about creating value for local communities. By partnering with us, communities benefit from job creation, local business opportunities, infrastructure development, and economic growth.

Land Acquired: In Kadanwari, we have acquired 968 acres out of which 442 acres state land were acquired through reservation by Government and 526 acres private land was acquired through negotiation with landowners.

In Kirthar, we have got reservation of 1402 acres of state land. Out of which land acquired for Bhit is 759 acres state and 643.4 acres of State land was acquired for Badhra.

Land acquisition for oil and gas exploration is a critical step in the journey to provide energy resources that power the world. At Prime Pakistan, we are dedicated to conducting land acquisition responsibly, with a focus on environmental protection, community engagement, and adherence to legal and ethical standards.