Page 6 - Condensed Interim Financial Statements - for the nine months ended March 31, 2024

At Ratana Development and Production Lease (operated by Orient Petroleum Inc., where POL has 4.54% share),
Ratana - 5A has been approved by the Joint Venture Partners.
Exploration Blocks
At DG Khan block (operated by POL with a 70% share), gravity survey will be carried out to evaluate remaining
leads.
North Dhurnal block (operated by POL with 60% share) design study has been completed to acquire 285.3 square
kilometers 3D seismic data. Bidding process for data acquisition is under evaluation.
At Tal block (operated by MOL where POL has pre commerciality share of 25%), an exploratory well Razgir has
been spuded on January 09, 2024, 7” casing has been laid down to secure reservoir section at 11,831ft and further
drilling is in progress.
3D seismic data interpretation of Makori, Makori Deep, Billitang and Kot South, has been completed while seismic
interpretation on Kahi North, Sarozai, Sarozai Deep, Manzalai South and Manzalai Deep leads is in progress.
At Hisal block (operated by PPL where POL has 25% share), 3D seismic acquisition of 235 square kilometers has
been completed. Data processing to carry out the fracture identification study is in progress.
At Gurgalot block (operated by OGDCL where POL has 20% share), 3D seismic data interpretation has been
completed and subsurface location of Gurgalot X-1 has been finalized, well planning is in progress.
At Taung block (operated by Mari Petroleum where POL has 40% share), 340.94 square kilometers 3D Seismic
acquisition and interpretation has been completed for the identification of leads.
At Nareli block (operated by Mari Petroleum where POL has 32% share), 2D seismic acquisition program of 564 line
kilometers was approved and data acquisition work is in progress. Currently the crew is on standby due to
prevailing security situation in the area.
Chah Bali exploration license was awarded to OGDC as an operator with 70% share and to POL with 30% share.
Agreements of Multanai & Saruna Blocks with 100% & 40% share respectively have been signed with the
Government.
Acknowledgement
The Board would like to extend its gratitude to all its stakeholders for their continuous support, which they have
extended to Pakistan Oilfields Limited.
On behalf of the Board

Shuaib A. Malik Abdus Sattar
Chairman & Chief Executive Director
Rawalpindi
April 25, 2024

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