Pakistan licenses seven exploration blocks

Pakistan granted seven new exploration licenses to local and foreign companies at the end of last month.Five were issued to a joint venture of Orient Petroleum Inc. (95%) and state-owned Government Holdings (5%) and two to a JV of Oil & Gas Development Co. Ltd. (95%) and Government Holdings (5%).The Orient-led JV secured exploration rights to: Khewari Block No. 2568-3, 1,625 sq km; Sinjhoro Block No. 2568-5, 2,351 sq km; Khipro Block No. 2568-6, 2,246 sq km, Mirpurkhas Block No. 2568-7, 3,335 sq km; and Mehar Block No. 2767-1, 5,030 sq km. The first four blocks are in Sindh province, and Mehar 2767-1 is in Balochistan.OGDCL secured exploration rights on Block No. 2568, a 9,327 sq km area ...

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