Bannu West-1 Well Drilling

Bannu West-1 Well Drilling

Bannu West-1 Well – Drilling of Bannu West-1 Exploratory well in Bannu West Block (E.L. 3370-13), North Waziristan, Khyber Pakhtunkhwa located in a security sensitive red zone is planned to test the Hydrocarbon potential of Paleocene, Cretaceous & Jurassic age formations. The Mari 2500 HP Rig Mari-3 has been deployed to drill BW-1 HPHT well. The planned TD is ±5970m MDRT and will be spud in the 1st week of June 2021.

Mehar-4 Well Drilling

Mehar-4 Well Drilling

Mehar-4 Well – Mehar-4 development well objective is to enhance production, add reserves and optimize recoveries from Ranikot & Pab Sandstones within Mehar field. Mehar-4 well was spud in Feb 16, 2021 and well was drilled vertically to a total depth of 12,392ft MD (12389 ft TVD) in Mughalkot formation within planned timeline. E-Logs and XPT have been acquired and, based on encouraging results, it has been decided to run 4.5” liner followed by Testing & Completion and tie-in operation.

Farm in on Bannu West

Farm in of Bannu West Block # 3370-13

The Bannu west Block # 3370-13 was awarded to Tullow Pakistan (Developments) Limited on April 27, 2005. The Block is located in Districts Bannu, FR Bannu, FR Lakki Marwat, Hangu, Kurram and North Waziristan Agency of KPK and FATA area. By a Deed of Assignment dated December 06, 2018, Saif Energy Limited assigned its entire 10% Working Interest to Zaver Petroleum Corporation (Private) Limited (ZPCL) under and in the Concession Documents and Joint Property relating thereto in the Bannu West Block with effect from June 08, 2018.

Acquisition of Sari South Block

Acquisition of Sari South Block

The Sari South Block # 2467-9 was awarded to Saif Energy Limited on October 25, 2005 that is located in Districts Kotri and Jamshoro of Sindh. M/s Saif Energy has assigned its entire 100% working interest to Zaver Petroleum Corporation (Private) Limited (ZPCL) along with Operatorship effective January 01, 2018.