Pakistan grants three blocks to OGDC

Feb. 13, 2006
Pakistan has granted three onshore petroleum exploration licenses to state-owned Oil & Gas Development Co. Ltd. for Blocks 2769-14 (Tegani) in Zone III, 2769-15 (Thal) in Zone III, and 2567-11 (Tano Beg) in Zone II.

By an OGJ correspondent
KARACHI, Feb. 13 -- Pakistan has granted three onshore petroleum exploration licenses to state-owned Oil & Gas Development Co. Ltd. for Blocks 2769-14 (Tegani) in Zone III, 2769-15 (Thal) in Zone III, and 2567-11 (Tano Beg) in Zone II.

Tagani is in Shikarpur, Jacobabad, and Sukkur districts; Thal in Khairpur, Sukkur, and Ghotki districts of Sindh Province; and Thano Beg in Lasbella, Dadu, and Karachi districts of Balochistan and Sindh provinces. A minimum firm investment of more than $ 24.1 million will be made in the three blocks.

During the first phase of the initial term of these license agreements, OGDC plans to conduct geophysical and geological studies and field work, shoot 2D and 3D seismic surveys, and drill four exploration wells.